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LuLu plots UAE IPO next year
Middle East supermarket giant Lulu Group International could IPO in the UAE next year, Bloomberg reports, citing people familiar with…
Investors exit EM equities, global IPOs plunge as Ukraine fallout + rising rates spook the markets
EM funds are seeing heavy outflows on the back of the global uncertainty: Emerging-market equity funds have lost a combined…
IPOs: Gulf > Europe
Gulf > Europe in the IPO market: Surging oil prices are fueling an IPO boom in the MENA region, helping…
THIS MORNING: EGP settles in at EGP 18.57 to the greenback + more price caps are coming
Good morning, friends, and welcome to another exceptionally heavy news day, so as we did earlier this week, let’s jump…
Intro Group to invest EGP 1 bn in waste management this year
Intro Group subsidiary Intro Sustainable Resources (IRS) is looking to invest some EGP 1 bn in waste recycling this year,…
Delemar Aluminum to invest EGP 750 mn in new factory, eyes IPO in 2023
Delemar Aluminum is investing EGP 750 mn in a new factory in Sadat City, with an eye to begin construction…
2021 a “historic year” for MENA IPOs, says EY
MENA exchanges saw an “unprecedented surge” in stock market debuts in 2021, with a record 21 companies completing IPOs in…
Misr Life IPO could go ahead in October
Misr Life Ins. IPO to go ahead in October? State-owned Misr Ins. Holding (MIH) will float 25% of its life…
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