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Emerald shares to begin trading on Egypt’s bourse on Wednesday
IPO WATCH- Real estate player Emerald’s shares will officially begin trading on the EGX tomorrow, according to a regulatory filing.…
HHD pauses 10% stake + management contract amid conflicting reports of offers
PRIVATIZATION WATCH- HHD to pause share sale plans after finding no bidders for 10% stake + management rights: State-owned Heliopolis…
Talaat Moustafa to set up Four Seasons-branded Luxor hotel under PPP contract
Talaat Moustafa Group (TMG) signed a contract with the Egyptian General Company for Tourism and Hotels (EGOTH) that will see…
Orthomedics Egypt is eyeing an EGX listing by 2022
IPO WATCH- Orthomedics Egypt eyes EGX listing by 2022: Prosthetics company Orthomedics Egypt is looking to offer 49% of its…
Fawry transfers 64% of its main shareholder stake to indirect shareholders
Fawry transfers majority shareholder stake to indirect shareholders: Egyptian e-payment company Fawry has transferred the ownership of the 63.99% stake…
Four candidates will bid for HHD 10% stake + management rights on 23 February
EXCLUSIVE- Four companies expected bid for HHD 10% stake + management rights on 23 February: SODIC, BPE Partners, Palm Hills,…
What we’re tracking on 18 February 2020
Apple will miss its revenue guidance for the current quarter thanks to the impact on global sales of the coronavirus,…
EGX enables ETF market makers to place orders without a minimum amount
REGULATION WATCH- Bourse enables ETF market makers to place orders without a minimum amount: The EGX has scrapped regulatory requirements…
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