{"id":556258,"date":"2021-10-18T04:04:57","date_gmt":"2021-10-18T04:04:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/"},"modified":"2021-10-18T04:04:57","modified_gmt":"2021-10-18T04:04:57","slug":"foreign-institutions-lining-up-for-e-finances-ipo-sarhan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/","title":{"rendered":"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan"},"content":{"rendered":"

<\/a> Foreing investors had heavy appetite for shares of e-Finance<\/strong>, the state-owned fintech platform and payments infrastructure provider whose ongoing offering on the Egyptian Exchange is set to be the largest IPO that Egypt has seen in years. The bankers quarterbacking the transaction have yet to release official figures, but you can expect to hear that foreign fund managers accounted for about 70% of demand for the offering to institutional investors<\/strong>, according to a chat last night between e-Finance Chairman and CEO Ibrahim Sarhan and nighttime talkshow queen Lamees El Hadidi (watch, runtime: 6:50<\/a>). The institutional offering was covered about 6.8x over<\/strong>, Sarhan added.<\/p>\n

Look for trading of e-Finance shares to begin on Wednesday<\/strong>, Sarhan told El Hadidi. Shares will open at EGP 13.98 each, meaning the IPO is worth about EGP 5.8 bn (USD 367 mn).<\/p>\n

The offering to individual investors was as heavily oversubscribed as you would <\/strong>expect given (a) intense retail interest and (b) the small size of the offering <\/strong>to folks who aren\u2019t running institutional or quasi-institutional money. The retail component of the IPO officially closed yesterday 61.4x oversubscribed, the EGX said<\/a> in a bulletin at the end of trading. Retail investors placed bids for a total of 1.6 bn shares. The company offered just 25.78 mn shares to individual investors. The IPO will see e-Finance selling 417.8 mn shares (or 26.1% of the company). e-Finance had raised the size of its offering<\/a> from 257.8 mn shares (16.1%) last week.<\/p>\n

Advisors:<\/strong> Renaissance Capital, CI Capital and Al Ahly Pharos are quarterbacking e-Finance\u2019s IPO as co-lead managers. NI Capital is acting as the IPO advisor for the listing. Zaki Hashem & Partners has been appointed as counsel to e-Finance, while Norton Rose Fulbright is acting as US counsel to the co-lead managers. Inktank is the investor relations advisor.<\/p>\n

Ahead of its highly anticipated EGX debut, e-finance has launched a digital healthcare<\/strong> service platform<\/strong> with the Universal<\/a>Health Ins. Authority (UHIA)<\/a>, according to a company statement (pdf)<\/a>. The company, named eHealth, is a platform that provides comprehensive and integrated services to the healthcare sector, from managing and operating the daily operations of ins. and health technology systems to technical support services and consulting. The platform will manage and operate the tech backbone of the government\u2019s universal healthcare scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"

Foreing investors had heavy appetite for shares of e-Finance, the state-owned fintech platform and payments infrastructure provider whose ongoing offering on the Egyptian Exchange is set to be the largest IPO that Egypt has seen in years. The bankers quarterbacking the transaction have yet to release official figures, but you can expect to hear that […]<\/p>\n","protected":false},"author":1,"featured_media":556259,"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":[339,72,7115,78,781],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-556258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-watch","tag-e-finance","tag-enterpriseam","tag-healthcare","tag-ipo-watch","tag-universal-healthcare-scheme","wpautop","entry"],"acf":{"mongo_id":"c4117ae3-4cde-4765-a106-15f9e00f1f5e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/10\/190.jpg","photo_position":"above","related_issue":[556251],"teaser":"","voice_url":""},"yoast_head":"\nForeign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan - 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\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan\" \/>\n<meta property=\"og:description\" content=\"Foreing investors had heavy appetite for shares of e-Finance, the state-owned fintech platform and payments infrastructure provider whose ongoing offering on the Egyptian Exchange is set to be the largest IPO that Egypt has seen in years. The bankers quarterbacking the transaction have yet to release official figures, but you can expect to hear that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-18T04:04:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan\",\"datePublished\":\"2021-10-18T04:04:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/\"},\"wordCount\":379,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1\",\"keywords\":[\"e-finance\",\"EnterpriseAM\",\"healthcare\",\"IPO watch\",\"universal healthcare scheme\"],\"articleSection\":[\"IPO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/\",\"name\":\"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-10-18T04:04:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan\"}]},{\"@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":"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan - 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\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/","og_locale":"en_US","og_type":"article","og_title":"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan","og_description":"Foreing investors had heavy appetite for shares of e-Finance, the state-owned fintech platform and payments infrastructure provider whose ongoing offering on the Egyptian Exchange is set to be the largest IPO that Egypt has seen in years. The bankers quarterbacking the transaction have yet to release official figures, but you can expect to hear that […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-10-18T04:04:57+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan","datePublished":"2021-10-18T04:04:57+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/"},"wordCount":379,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1","keywords":["e-finance","EnterpriseAM","healthcare","IPO watch","universal healthcare scheme"],"articleSection":["IPO"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/","name":"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1","datePublished":"2021-10-18T04:04:57+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/foreign-institutions-lining-up-for-e-finances-ipo-sarhan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Foreign institutions lining up for e-Finance\u2019s IPO \u2013Sarhan"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/190.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":557743,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/30\/e-finance-ipo-could-go-ahead-next-month\/","url_meta":{"origin":556258,"position":0},"title":"E-Finance IPO could go ahead next month","author":"enterpriseam admin","date":"30 September 2021","format":false,"excerpt":"E-Finance IPO could wrap up next month: The IPO of state-owned e-payments and fintech platform E-Finance could take place at the end of October or early November, Chairman Ibrahim Sarhan confirmed to Enterprise. The company earlier this month announced its intention to debut on the Egyptian bourse in the fourth\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\/9\/418.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566417,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/17\/one-step-closer-to-an-e-finance-ipo\/","url_meta":{"origin":556258,"position":1},"title":"One step closer to an e-Finance IPO","author":"enterpriseam admin","date":"17 June 2021","format":false,"excerpt":"E-Finance FV gets the regulatory sign off: State-owned e-payments firm e-Finance has gotten the approval of the Madbouly government's IPO committee for the fair value of its shares, e-Finance chairman and managing director of e-Finance Ibrahim Sarhan tells us, declining to specify what the fair value figure is. The move\u2026","rel":"","context":"In "SPEED ROUND: IPO WATCH"","block_context":{"text":"SPEED ROUND: IPO WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556367,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/e-finance-shares-soar-50-in-egx-debut-company-looks-to-ma-launch-of-e-health-platform\/","url_meta":{"origin":556258,"position":2},"title":"e-Finance shares soar 50% in EGX debut, company looks to M&A, launch of e-health platform","author":"enterpriseam admin","date":"24 October 2021","format":false,"excerpt":"e-Finance shares jump 50% in EGX debut: Shares in state-owned fintech platform and payment infrastructure provider e-Finance jumped 50% in their trading debut on the EGX last Wednesday. Trading under the ticker EFIH, the company rose as much as 79% to EGP 25 per share during the session before closing\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\/237.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556405,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/25\/e-finance-could-list-two-subsidiaries-following-ipo-chairman\/","url_meta":{"origin":556258,"position":3},"title":"e-Finance could list two subsidiaries following IPO -chairman","author":"enterpriseam admin","date":"25 October 2021","format":false,"excerpt":"Seems e-Finance has caught the listing bug: State-owned fintech firm e-Finance could follow up last week\u2019s blockbuster IPO on the EGX with several fresh listings, according Al Mal, which quotes Chairman Ibrahim Sarhan as having said the company is considering selling shares in two of its subsidiaries, Khales and e-Cards.\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\/254.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566439,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/20\/e-finance-looks-at-potential-fintech-acquisitions-as-planned-ipo-approaches\/","url_meta":{"origin":556258,"position":4},"title":"e-Finance looks at potential fintech acquisitions as planned IPO approaches","author":"enterpriseam admin","date":"20 June 2021","format":false,"excerpt":"State-owned e-Finance is eyeing potential acquisitions of companies in the fintech sector, specifically fintech businesses licensed to provide financial services such as e-payments, insurance and microfinance, chairman and managing director Ibrahim Sarhan told Al-Mal editor-in-chief Hazem Sherif (watch, runtime: 1:02:03). The e-payments firm \u2014 which plans to IPO in a\u2026","rel":"","context":"In "SPEED ROUND: M&A WATCH"","block_context":{"text":"SPEED ROUND: M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594871,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/egypts-state-owned-e-finance-to-go-public-by-the-end-of-the-year-says-chairman\/","url_meta":{"origin":556258,"position":5},"title":"Egypt\u2019s state-owned e-Finance to go public by the end of the year, says chairman","author":"enterpriseam admin","date":"10 September 2019","format":false,"excerpt":"IPO WATCH- Is the e-Finance IPO back on for 2019? The planned initial public offering of state-owned payments platform e-Finance will take place by the end of the year, Chairman and Managing Director Ibrahim Sarhan said at the Euromoney conference yesterday, according to Ahram Online. Sarhan\u2019s statement comes weeks after\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/259.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/556258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=556258"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/556258\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/556251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/556259"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=556258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=556258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=556258"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=556258"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=556258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}