{"id":584229,"date":"2023-03-28T00:00:00","date_gmt":"2023-03-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/"},"modified":"2023-03-28T00:00:00","modified_gmt":"2023-03-28T00:00:00","slug":"al-ansari-raises-usd-210-mn-in-dubai-ipo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/","title":{"rendered":"Al Ansari raises USD 210 mn in Dubai IPO"},"content":{"rendered":"

<\/span>Al Ansari just closed Dubai\u2019s first IPO of 2023:<\/span> Emirati foreign exchange <\/span>company Al Ansari Financial Services raised<\/span> AED 772.5 mn (<\/span>USD 210 mn) in an IPO that <\/span>values the company at AED 7.7 bn (USD 2.1 bn), it said in<\/span> a statement<\/span> yesterday. The company sold 750 mn shares at the top of the price range, attracting more than AED 12.7 bn worth of bids, it said. Emirati cornerstone investor National Bonds Corporation committed AED 200 mn to the IPO. Excluding this, the sale was 22x oversubscribed. Trading on the shares is set to begin on 6 April. <\/span><\/p>\n

REFRESHER- Al Ansari hired our friends at EFG Hermes Holding and Emirates NBD <\/span>to quarterback the IPO <\/span>last year<\/a><\/span>. The company is one of the largest forex and money transfer firms in the UAE and also offers remittance transfers and corporate services such as payroll solutions, according to its <\/span>website<\/a><\/span>.<\/span><\/p>\n

ALSO- Presight AI shares rocketed on their ADX debut<\/span>, surging<\/span>as much as<\/span> 176%<\/span>.<\/span> The G42-owned company closed 142% higher at AED 3.25, having sold shares for AED 1.34 in <\/span>its IPO<\/a><\/span> earlier this month. Presight AI\u2019s share sale attracted huge investor demand, attracting almost USD 26 bn of orders for its USD 496 mn IPO. <\/span><\/p>\n

SNB boss steps down after Credit Suisse comments:<\/span> The chairman of Saudi <\/span>National Bank (SNB), Ammar Al Khudairy, has resigned in the wake of comments that triggered the near-collapse of Credit Suisse earlier this month. Al Khudairy, whose bank <\/span>became Credit Suisse\u2019s largest shareholder<\/a><\/span> last year, sparked huge deposit outflows and a share sell-off after saying that he would \u201cabsolutely not\u201d be open to investing further in the troubled Swiss lender. (<\/span>Bloomberg<\/a><\/span> | <\/span>Financial Times<\/a><\/span>)<\/span><\/p>\n

SNB ate hefty losses:<\/span>The Saudi lender has <\/span>lost USD 1.2 bn<\/a><\/span> on its investment in Credit Suisse <\/span>after UBS agreed to take over the bank in a USD 3.2 bn rescue \u2014 less than half the bank\u2019s USD 8 bn market cap at the previous close. SNB purchased a 9.9% stake in the bank last year for USD 1.5 bn. <\/span><\/p>\n

AND- <\/span>Aramco expands in China:<\/span> Saudi oil giant Aramco has signed agreements to <\/span>acquire a 10% stake in China-based petrochem firm Rongsheng Petrochemical<\/span> for RMB 24.6 bn<\/span>, it said in <\/span>a statement<\/a><\/span> yesterday.<\/span><\/p>\n

<\/a><\/a><\/p>\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 <\/span><\/p>\n<\/td>\n

\n

15,950<\/span><\/p>\n<\/td>\n

\n

-0.2% (YTD: +9.3%)<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

Buy 30.84<\/span><\/p>\n<\/td>\n

\n

Sell 30.96<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

Buy 30.85<\/span><\/p>\n<\/td>\n

\n

Sell 30.95<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

16.25% deposit<\/span><\/p>\n<\/td>\n

\n

17.25% lending<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

10,464<\/span><\/p>\n<\/td>\n

\n

0.0% (YTD: -0.1%)<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

9,423<\/span><\/p>\n<\/td>\n

\n

-0.8% (YTD: -7.7%)<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

3,326<\/span><\/p>\n<\/td>\n

\n

-0.7% (YTD: -0.3%)<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

3,978<\/span><\/p>\n<\/td>\n

\n

+0.2% (YTD: +3.6%)<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

7,472<\/span><\/p>\n<\/td>\n

\n

+0.9% (YTD: +0.3%)<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

4,165<\/span><\/p>\n<\/td>\n

\n

+0.8% (YTD: +9.8%)<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

USD 78.16 <\/span><\/p>\n<\/td>\n

\n

+4.2%<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

USD 2.09<\/span><\/p>\n<\/td>\n

\n

-5.7%<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

USD 1,976.00<\/span><\/p>\n<\/td>\n

\n

-1.3%<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

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

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

\n

USD 27,174<\/span><\/p>\n<\/td>\n

\n

-2.5% (YTD: +64.3<\/span>%)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

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

The EGX30 fell 0.2% at yesterday\u2019s close<\/span> on turnover of EGP 2.02 bn (3.3% below the 90-day <\/span>average). Local investors were net buyers. The index is up 9.3% YTD.<\/span><\/p>\n

In the green: <\/span>Eastern Company (+7.4%), Juhayna (+6.3%) and Oriental Weavers (+4.0%).<\/span><\/p>\n

In the red: <\/span>Credit Agricole Egypt (-6.0%), GB Auto (-4.5%) and Egypt Kuwait Holding -EGP (-3.3%).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The sale was 22x oversubscribed<\/p>\n","protected":false},"author":1,"featured_media":584230,"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":[6839,394,9115,84,1060,72,119,1260,122,6796,989],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-584229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-al-ansari","tag-aramco","tag-credit-suisse","tag-efg-hermes","tag-emirates-nbd","tag-enterpriseam","tag-financial-markets","tag-mena-ipos","tag-planet-finance","tag-presight-ai","tag-saudi-national-bank","wpautop","entry"],"acf":{"mongo_id":"ec6e8916-331e-40ce-ab05-cbf940cb7f76","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/508.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Al Ansari raises USD 210 mn in Dubai IPO","related_issue":[584208],"teaser":"The sale was 22x oversubscribed","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.8527ba8d-0bb2-4d82-a2db-d68c5f662e5c.mp3"},"yoast_head":"\nAl Ansari raises USD 210 mn in Dubai IPO - 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\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Ansari raises USD 210 mn in Dubai IPO\" \/>\n<meta property=\"og:description\" content=\"The sale was 22x oversubscribed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-28T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.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\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Ansari raises USD 210 mn in Dubai IPO\",\"datePublished\":\"2023-03-28T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/\"},\"wordCount\":468,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Al Ansari\",\"Aramco\",\"Credit Suisse\",\"EFG Hermes\",\"Emirates NBD\",\"EnterpriseAM\",\"Financial Markets\",\"MENA IPOs\",\"Planet Finance\",\"Presight AI\",\"Saudi National Bank\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/\",\"name\":\"Al Ansari raises USD 210 mn in Dubai IPO - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-03-28T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Al Ansari raises USD 210 mn in Dubai IPO\"}]},{\"@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":"Al Ansari raises USD 210 mn in Dubai IPO - 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\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/","og_locale":"en_US","og_type":"article","og_title":"Al Ansari raises USD 210 mn in Dubai IPO","og_description":"The sale was 22x oversubscribed","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-03-28T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.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\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Al Ansari raises USD 210 mn in Dubai IPO","datePublished":"2023-03-28T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/"},"wordCount":468,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1","keywords":["Al Ansari","Aramco","Credit Suisse","EFG Hermes","Emirates NBD","EnterpriseAM","Financial Markets","MENA IPOs","Planet Finance","Presight AI","Saudi National Bank"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/","name":"Al Ansari raises USD 210 mn in Dubai IPO - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1","datePublished":"2023-03-28T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Al Ansari raises USD 210 mn in Dubai IPO"}]},{"@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\/2023\/3\/508.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.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\/2023\/3\/508.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":577660,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/taaleem-shares-drop-on-dfm-debut-hsbc-is-getting-out-of-canada\/","url_meta":{"origin":584229,"position":0},"title":"Taaleem shares drop on DFM debut + HSBC is getting out of Canada","author":"enterpriseam admin","date":"30 November 2022","format":false,"excerpt":"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\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\/2022\/11\/511.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":610580,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/22\/dubai-taxi-ipo-oversubscribed-in-60-minutes\/","url_meta":{"origin":584229,"position":1},"title":"Dubai Taxi IPO oversubscribed in 60 minutes","author":"enterpriseam admin","date":"22 November 2023","format":false,"excerpt":"Dubai Taxi IPO sees huge investor demand: State-owned Dubai Taxi Corporation\u2019s (DTC) IPO offering up 25% of the company was oversubscribed within the first hour of opening yesterday, Bloomberg reports. The company listed a total of 624.8 mn shares in its IPO on the Dubai Financial Market (DFM). Offering could\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\/2023\/11\/1139.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":619482,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/02\/spinneys-ipo-subscription-attracts-71-bn-in-orders\/","url_meta":{"origin":584229,"position":2},"title":"Spinneys\u2019 IPO subscription attracts 71 bn in orders","author":"enterpriseam admin","date":"2 May 2024","format":false,"excerpt":"The company set its final IPO price at the top of its initial price range at AED 1.53 per share","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\/2024\/5\/153.jpg?fit=%2C&ssl=1&resize=350%2C200","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":584229,"position":3},"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":611614,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/10\/dubai-taxi-shares-pop-on-stock-market-debut\/","url_meta":{"origin":584229,"position":4},"title":"Dubai Taxi shares pop on stock market debut","author":"enterpriseam admin","date":"10 December 2023","format":false,"excerpt":"The state-owned company\u2019s IPO was the most subscribed in the city\u2019s history","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\/12\/576.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557686,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/28\/em-bonds-see-heavy-outflows-over-evergrande-fed-taper\/","url_meta":{"origin":584229,"position":5},"title":"EM bonds see heavy outflows over Evergrande, Fed taper","author":"enterpriseam admin","date":"28 September 2021","format":false,"excerpt":"EM bonds see heavy outflows over Evergrande, Fed taper: Investors made a hasty exit from exchange-traded emerging-market bond funds last week, as China\u2019s wobble over the Evergrande crisis and expectations for a Fed taper later this year led investors to withdraw from riskier debt. Investors withdrew almost USD 83 bn\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/584229","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=584229"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/584229\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/584208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/584230"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=584229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=584229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=584229"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=584229"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=584229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}