{"id":544718,"date":"2022-03-17T04:00:22","date_gmt":"2022-03-17T04:00:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/"},"modified":"2022-03-17T04:00:22","modified_gmt":"2022-03-17T04:00:22","slug":"misr-life-ipo-could-go-ahead-in-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/","title":{"rendered":"Misr Life IPO could go ahead in October"},"content":{"rendered":"

<\/a> Misr Life Ins. IPO to go ahead in October? <\/strong>State-owned Misr Ins. Holding (MIH) will float 25% of its life ins. subsidiary on the EGX in October, Public Enterprises Minister Hisham Tawfik told Al Mal<\/a>. The firm has tapped NI Capital<\/a> to act as its financial advisor and Zaki Hashem & Partners<\/a> to provide legal advice and is wrapping up a decision on which investment bank it will hire to quarterback the offering, the newspaper suggests. The company is yet to offer details on the size of the offering.<\/p>\n

Remember, though: IPOs are highly dependent on market conditions<\/strong>. <\/strong>There was a lot of optimism circulating about the state privatization program at the start of the year, with Finance Minister Mohamed Maait saying the government could sell shares in up to 10 state-owned firms<\/a> in 2022. But with global markets facing turmoil due to the war in Ukraine, don\u2019t be surprised if these plans are kicked into the long grass for now.<\/p>\n","protected":false},"excerpt":{"rendered":"

Misr Life Ins. IPO to go ahead in October? State-owned Misr Ins. Holding (MIH) will float 25% of its life ins. subsidiary on the EGX in October, Public Enterprises Minister Hisham Tawfik told Al Mal. The firm has tapped NI Capital to act as its financial advisor and Zaki Hashem & Partners to provide legal […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7224],"tags":[72,78,472,1248,587],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544718","post","type-post","status-publish","format-standard","hentry","category-ipo-watch","tag-enterpriseam","tag-ipo-watch","tag-misr-insurance-holding","tag-misr-life-ins","tag-state-privatization-program","wpautop","entry"],"acf":{"mongo_id":"e78c6824-9654-434c-a4d2-fe8887e1ced4","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[544708],"teaser":"","voice_url":""},"yoast_head":"\nMisr Life IPO could go ahead in October - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Misr Life IPO could go ahead in October\" \/>\n<meta property=\"og:description\" content=\"Misr Life Ins. IPO to go ahead in October? State-owned Misr Ins. Holding (MIH) will float 25% of its life ins. subsidiary on the EGX in October, Public Enterprises Minister Hisham Tawfik told Al Mal. The firm has tapped NI Capital to act as its financial advisor and Zaki Hashem & Partners to provide legal […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-17T04:00:22+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Misr Life IPO could go ahead in October\",\"datePublished\":\"2022-03-17T04:00:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/\"},\"wordCount\":166,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"IPO watch\",\"Misr Insurance Holding\",\"Misr Life Ins.\",\"state privatization program\"],\"articleSection\":[\"IPO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/\",\"name\":\"Misr Life IPO could go ahead in October - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-03-17T04:00:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Misr Life IPO could go ahead in October\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Misr Life IPO could go ahead in October - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/17\/misr-life-ipo-could-go-ahead-in-october\/","og_locale":"en_US","og_type":"article","og_title":"Misr Life IPO could go ahead in October","og_description":"Misr Life Ins. 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IPO in 2022?","author":"enterpriseam admin","date":"1 March 2021","format":false,"excerpt":"Misr Life Ins. won\u2019t be ready for its EGX debut as part of the state privatization program before the end of 2021, Public Enterprises Minister Hisham Tawfik tells Al Mal. The company is set to sell 25% of its shares after the government committee managing the privatization program gave its\u2026","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/36.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556080,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/11\/misr-life-to-ipo-on-the-egx-by-2h2022\/","url_meta":{"origin":544718,"position":1},"title":"Misr Life to IPO on the EGX by 2H2022","author":"enterpriseam admin","date":"11 October 2021","format":false,"excerpt":"Misr Ins. Holding (MIH) is looking to list 25% of its subsidiary Misr Life Ins. on the EGX during the second half of 2022, MIH Chairman Basel El Hini told us, confirming statements first picked up by Al Mal. El Hini had previously said that the IPO will take place\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/114.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544630,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/14\/misr-ins-appoints-legal-advisor-for-planned-ipo\/","url_meta":{"origin":544718,"position":2},"title":"Misr Ins. appoints legal advisor for planned IPO","author":"enterpriseam admin","date":"14 March 2022","format":false,"excerpt":"Misr Ins. 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Holding has bid for 40% of the shares that Ghazl El Mahalla Football Club will offer to institutional investors in its upcoming IPO, according to statements made by Public Enterprises Minister Hisham Tawfik published in Hapi Journal (pdf) yesterday. 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