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Ghazl El Mahalla’s micro-IPO misfires in extra time
Retail investors put in orders for just 18% of the shares made available to the public in Ghazl El Mahalla…
THIS EVENING: Ghazl El Mahalla IPO subscription closes on weak retail demand + Airstrikes near Ukrainian nuclear plant
Good afternoon, friends. We come to you with one of the slowest Sunday afternoons in recent history, although we expect…
Import restrictions + privatization were the topics du jour on the airwaves
It was an econ-finance heavy night on the airwaves yesterday: Rumors that the Central Bank of Egypt could be about…
Four global firms in the running to build Anchorage’s USD 2 bn petchem complex
Anchorage Investments has shortlisted four international firms to build its USD 2 bn petrochemical complex in the Suez Canal Economic…
The US IPO market heads towards one of its worst years ever + EFG gets UAE IPO mandate
2021 was a record year for IPOs in the US. 2022 could turn out to be the worst: The US…
Ghazl El Mahalla has another two weeks to land its micro-IPO
The retail component of Ghazl El Mahalla’s IPO has been extended for another two weeks until 28 August due to…
THIS EVENING: Dozens killed, injured in Abu Sefein church fire + Ghazl El Mahalla IPO subscription extended
Good afternoon, ladies and gentlemen. We begin today’s issue on a somber note after a fire broke out inside an…
Money is leaving private equity, venture capital at a record pace
Investors are leaving private equity and VC funds at a record pace this year, as the era of cheap money…
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