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Big IPOs of fresh stocks to begin in September, minister says
EXCLUSIVE- Next wave in state privatization program will be IPOs, set to begin in September: The next wave of state-owned…
In surprise move, gov’t kickstarts IPO program with a successful Eastern Tobacco secondary offering
State privatization program finally underway with an oversubscribed Eastern Tobacco offering: The private placement portion of Eastern Tobacco’s secondary offering…
Egypt’s Eastern Co stake sale could proceed at low end of target range
IPO WATCH- Eastern Co stake sale could proceed at low end of target range: The government is considering going ahead…
Egypt’s energy sector in the limelight on the airwaves
The performance of Egypt’s energy sector last year and its expected growth this year was the most popular topic on…
Eastern Co. to proceed with 4.5% stake sale when share price is at EGP 18.70
IPO WATCH- Eastern Company won’t go ahead with its planned 4.5% stake sale until its share price reaches EGP 18.70,…
Eastern Co. back at full capacity after accepting pay raise demand
Eastern Company operations back at full capacity after partially bowing to labor demands: Eastern Company’s facilities have resumed full-capacity operations,…
Eastern Company says counterfeit cigarettes have no impact on the company
State-owned tobacco maker Eastern Company said the counterfeit Cleopatra cigarettes manufactured in Montenegro have had no impact on the company’s…
Economist trolls Egypt on Eastern Company share sale delay
** #7 When the Economist trolls, it trolls hard: “Even a firm that sells cigarettes to addicts is a hard…
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