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THIS MORNING: Gov’t in no hurry to restart IPO program + Nafeza’s air freight rollout pushed back indefinitely
Good morning, wonderful people, and happy hump day. COP is now in our rearview, and our reward is a massive…
SFE pre-IPO roadshow on ice for the coming weeks
A planned roadshow for the Sovereign Fund of Egypt’s pre-IPO fund by the Sovereign Fund of Egypt (SFE) has been…
FRA approves BdC IPO deadline extension
Banque du Caire pushes IPO deadline to March 2023: The Financial Regulatory Authority (FRA) has allowed Banque du Caire (BdC)…
Empower climbs 2.3% on trading debut + Wow, is FTX a mess…
Empower rises on Dubai debut: Shares of Dubai’s district cooling provider, Empower, rose 2.3% on their debut on the Dubai…
PIF sells 10% of Tadawul
PIF sells 10% in Tadawul Group through accelerated bookbuild: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), successfully…
USD 100 oil a threat to global economy, says IEA head
Three-figure oil = bad news for the global economy, says IEA chief: Oil prices moving back towards USD 100 a…
Exile on Wall Street?
Swvl gets a first warning from Nasdaq over its low share price: Cairo-born ride-hailing startup Swvl has received a notice…
Empower expands IPO on high demand (again)
Emirates Central Cooling Systems (Empower) has for the second time bumped up the number of shares on offer in its…
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