{"id":577660,"date":"2022-11-30T04:10:07","date_gmt":"2022-11-30T04:10:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/"},"modified":"2022-11-30T04:10:07","modified_gmt":"2022-11-30T04:10:07","slug":"taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/","title":{"rendered":"Taaleem shares drop on DFM debut + HSBC is getting out of Canada"},"content":{"rendered":"

<\/a> Rough start to Taaleem\u2019s Dubai debut: <\/strong>UAE school operator Taaleem Holding\u2019s shares closed down 15% yesterday to AED 2.55 on its first day of trading on the DFM, according to market data. The company raised AED 750 mn after selling 250 mn shares at AED 3 apiece, the top end of the price range. The IPO was 18x oversubscribed, receiving AED 13.7 bn in offers, according to a statement<\/a>(pdf)<\/a>. Our friends at EFG Hermes were joint lead arrangers and joint global coordinators for the offering, alongside Emirates NBD Capital<\/a>.<\/p>\n

Taaleem\u2019s drop is in line with DFM newcomers\u2019 recent performance: <\/strong>Several newly-listed companies on the DFM are trading below IPO prices due to \u201cweak\u201d global equities and oil prices, Tellimer strategist Hasnain Malik said, according to Bloomberg<\/a>. Although valuations in the UAE \u201cremain [the] most attractive\u201d in the Middle East, analysts see \u201climited 2023 upside on shifting global and local tides.\u201d Dubai business park operator Tecom Group<\/a> is trading 13.5% below its July IPO price and the Dubai Electricity and Water Authority (DEWA)<\/a> is down 5.2% from its April debut, despite seeing major investor demand ahead of their IPOs.<\/p>\n

HSBC sells its Canada business: <\/strong>The Royal Bank of Canada (RBC) will close a CAD 13.5 bn (USD 10 bn) allcash transaction in late 2023 to acquire 100% of HSBC Canada under an agreement signed yesterday, according to an HSBC statement (pdf)<\/a> and RBC\u2019s website<\/a>. Earnings made by HSBC Canada from June 2022 through transaction close will be channeled to RBC, according to the statement.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30 <\/strong><\/p>\n<\/td>\n

\n

13,184<\/p>\n<\/td>\n

\n

+2.1% (YTD: +10.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 24.54<\/p>\n<\/td>\n

\n

Sell 24.62<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD at CIB<\/strong><\/p>\n<\/td>\n

\n

Buy 24.54<\/p>\n<\/td>\n

\n

Sell 24.60<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates CBE<\/strong><\/p>\n<\/td>\n

\n

13.25% deposit<\/p>\n<\/td>\n

\n

14.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

10,752<\/p>\n<\/td>\n

\n

+0.1% (YTD: -4.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

10,392<\/p>\n<\/td>\n

\n

-0.1% (YTD: +22.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

3,304<\/p>\n<\/td>\n

\n

+0.5% (YTD: +3.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

3,958<\/p>\n<\/td>\n

\n

-0.2% (YTD: -17.0%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

7,512<\/p>\n<\/td>\n

\n

+0.5% (YTD: +1.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx 50<\/strong><\/p>\n<\/td>\n

\n

3,934<\/p>\n<\/td>\n

\n

-0.0% (YTD: -8.5%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 83.49<\/p>\n<\/td>\n

\n

+0.4%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n

\n

USD 7.28<\/p>\n<\/td>\n

\n

+1.1%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 1,763.60<\/p>\n<\/td>\n

\n

+0.5%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 16,455<\/p>\n<\/td>\n

\n

+1.6% (YTD: -64.4%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/strong><\/p>\n

The EGX30 rose 2.1% at yesterday\u2019s close<\/strong> on turnover of EGP 1.98 bn (36.5% above the 90-day average). Local investors were net buyers. The index is up 10.3% YTD.<\/p>\n

In the green: <\/strong>QNB Alahli (+6.4%), Credit Agricole Egypt (+5.5%) and Housing and Development Bank (+4.7%).<\/p>\n

In the red: <\/strong>Juhayna (-1.5%), Mopco (-0.9%) and AMOC (-0.9%).<\/p>\n","protected":false},"excerpt":{"rendered":"

Rough start to Taaleem\u2019s Dubai debut: UAE school operator Taaleem Holding\u2019s shares closed down 15% yesterday to AED 2.55 on its first day of trading on the DFM, according to market data. The company raised AED 750 mn after selling 250 mn shares at AED 3 apiece, the top end of the price range. The […]<\/p>\n","protected":false},"author":1,"featured_media":577661,"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":[7210],"tags":[3076,84,72,78,122,6422],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-577660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-dfm","tag-efg-hermes","tag-enterpriseam","tag-ipo-watch","tag-planet-finance","tag-taaleem-uae","wpautop","entry"],"acf":{"mongo_id":"9189a0a8-933a-42a7-b992-afbae813a8b3","is_powered_by":true,"section_story_id":"595ce9f4-8da8-49f0-893d-e797b77ff21c","story_type":"1","photo_url":"https:\/\/ent.news\/2022\/11\/511.jpg","photo_position":"above","related_issue":[577633],"teaser":"","voice_url":""},"yoast_head":"\nTaaleem shares drop on DFM debut + HSBC is getting out of Canada - 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\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taaleem shares drop on DFM debut + HSBC is getting out of Canada\" \/>\n<meta property=\"og:description\" content=\"Rough start to Taaleem\u2019s Dubai debut: UAE school operator Taaleem Holding\u2019s shares closed down 15% yesterday to AED 2.55 on its first day of trading on the DFM, according to market data. The company raised AED 750 mn after selling 250 mn shares at AED 3 apiece, the top end of the price range. The […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-30T04:10:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.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\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Taaleem shares drop on DFM debut + HSBC is getting out of Canada\",\"datePublished\":\"2022-11-30T04:10:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/\"},\"wordCount\":357,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.jpg?fit=%2C&ssl=1\",\"keywords\":[\"DFM\",\"EFG Hermes\",\"EnterpriseAM\",\"IPO watch\",\"Planet Finance\",\"Taaleem UAE\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/\",\"name\":\"Taaleem shares drop on DFM debut + HSBC is getting out of Canada - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-11-30T04:10:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Taaleem shares drop on DFM debut + HSBC is getting out of Canada\"}]},{\"@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":"Taaleem shares drop on DFM debut + HSBC is getting out of Canada - 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\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/","og_locale":"en_US","og_type":"article","og_title":"Taaleem shares drop on DFM debut + HSBC is getting out of Canada","og_description":"Rough start to Taaleem\u2019s Dubai debut: UAE school operator Taaleem Holding\u2019s shares closed down 15% yesterday to AED 2.55 on its first day of trading on the DFM, according to market data. The company raised AED 750 mn after selling 250 mn shares at AED 3 apiece, the top end of the price range. The […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-11-30T04:10:07+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.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\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Taaleem shares drop on DFM debut + HSBC is getting out of Canada","datePublished":"2022-11-30T04:10:07+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/"},"wordCount":357,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.jpg?fit=%2C&ssl=1","keywords":["DFM","EFG Hermes","EnterpriseAM","IPO watch","Planet Finance","Taaleem UAE"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/","name":"Taaleem shares drop on DFM debut + HSBC is getting out of Canada - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.jpg?fit=%2C&ssl=1","datePublished":"2022-11-30T04:10:07+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Taaleem shares drop on DFM debut + HSBC is getting out of Canada"}]},{"@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\/2022\/11\/511.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/511.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\/2022\/11\/511.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":546989,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/abu-dhabis-borouge-soars-in-adx-debut-following-massive-ipo\/","url_meta":{"origin":577660,"position":0},"title":"Abu Dhabi\u2019s Borouge soars in ADX debut following massive IPO","author":"enterpriseam admin","date":"5 June 2022","format":false,"excerpt":"Borouge shares pop in trading debut: Abu Dhabi-based petrochemicals firm Borouge\u2019s shares jumped as much as 24% in its trading debut on Friday after raising USD 2 bn to become the ADX\u2019s biggest-ever IPO. Shares hit an intraday high of AED 3.04 from its AED 2.45 IPO price before falling\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576882,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/the-imf-has-upgraded-its-2022-growth-forecasts-for-mena-thanks-in-part-to-egypt\/","url_meta":{"origin":577660,"position":1},"title":"The IMF has upgraded its 2022 growth forecasts for MENA (thanks, in part, to Egypt)","author":"enterpriseam admin","date":"1 November 2022","format":false,"excerpt":"Egypt is helping to buoy economic growth in the region this year: The IMF has raised its forecast for economic growth in MENA to 4.9% in 2022, up 0.5 percentage points from its April outlook, \u201cin part reflecting a stronger-than-expected performance for Egypt during fiscal year 2022,\u201d the IMF wrote\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577356,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/theres-little-chance-of-an-egypt-default-according-to-bloomberg-analysis\/","url_meta":{"origin":577660,"position":2},"title":"There\u2019s little chance of an Egypt default, according to Bloomberg analysis","author":"enterpriseam admin","date":"20 November 2022","format":false,"excerpt":"Egypt isn\u2019t at high risk of sovereign default, according to Bloomberg: The likelihood of Egypt defaulting on its public debt over the next twelve months is lower than 10%, according to Bloomberg analysis of default risk in 41 emerging economies. Eleven emerging countries have a higher than 10% chance of\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":545837,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/dubai-becomes-a-top-five-ipo-destination-as-dewa-shares-soar-on-debut\/","url_meta":{"origin":577660,"position":3},"title":"Dubai becomes a top-five IPO destination as DEWA shares soar on debut","author":"enterpriseam admin","date":"13 April 2022","format":false,"excerpt":"DEWA shares surge on debut: The Dubai Electricity and Water Authority\u2019s (DEWA) shares jumped as much as 23% on their trading debut in Dubai yesterday following the company\u2019s USD 1.6 bn IPO. The company reached a session high of AED 3.05 before paring gains to close at AED 2.87, up\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":584229,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/","url_meta":{"origin":577660,"position":4},"title":"Al Ansari raises USD 210 mn in Dubai IPO","author":"enterpriseam admin","date":"28 March 2023","format":false,"excerpt":"The sale was 22x oversubscribed","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587929,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/adnoc-ls-shares-surge-on-stock-market-debut\/","url_meta":{"origin":577660,"position":5},"title":"Adnoc L&S shares surge on stock market debut","author":"enterpriseam admin","date":"4 June 2023","format":false,"excerpt":"Adnoc L&S\u2019 USD 729 mn IPO was 163x oversubscribed when it closed last month","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/79.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\/577660","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=577660"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577660\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/577633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/577661"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=577660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=577660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=577660"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=577660"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=577660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}