{"id":623128,"date":"2018-10-22T04:24:45","date_gmt":"2018-10-22T04:24:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/22\/nozha-group-considers-ipo-in-talks-to-hire-adviser\/"},"modified":"2018-10-22T04:24:45","modified_gmt":"2018-10-22T04:24:45","slug":"nozha-group-considers-ipo-in-talks-to-hire-adviser","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/22\/nozha-group-considers-ipo-in-talks-to-hire-adviser\/","title":{"rendered":"Nozha Group considers IPO, in talks to hire adviser"},"content":{"rendered":"<p><strong>IPO WATCH- Nozha Group considering IPO: <\/strong>Real estate and education investment holding firm <a href=\"http:\/\/www.nozhagroup.com\/\">Nozha Group<\/a> is considering an IPO and is currently shopping for investment bankers to lead the transaction, <a href=\"https:\/\/almalnews.com\/Story\/395002\/11\/%C2%AB%D9%86%D8%B2%D9%87%D8%A9%C2%BB-%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D8%A8%D9%86%D9%88%D9%83-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%84%D8%A7%D8%AE%D8%AA%D9%8A%D8%A7%D8%B1-%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%A7%D9%84%D8%B7%D8%B1%D8%AD-%D9%81%D9%89-%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9\">CEO Abdallah Elmaghrabi told Al Mal<\/a>. Elmaghrabi did not specify a timeframe for the offering or disclose which banks are in the running for the adviser position.<\/p>\n<p><strong>The company is also looking to invest EGP 3 bn in the tourism and real estate sectors in Cairo and Ras Sudr<\/strong>, he added. The investments will be channeled toward the company\u2019s TIME Nozha Beach resort in Ras Sudr, which it plans to inaugurate in December. Expansion work on the resort will continue between 2019-2021 to add another 250 hotel rooms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPO WATCH- Nozha Group considering IPO: Real estate and education investment holding firm Nozha Group is considering an IPO and is currently shopping for investment bankers to lead the transaction, CEO Abdallah Elmaghrabi told Al Mal. Elmaghrabi did not specify a timeframe for the offering or disclose which banks are in the running for the [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623128","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ec374fa1-b89f-40b7-8735-9fc06aa22fc0","order":"0","is_powered_by":true,"section_story_id":"3a6511be-ce6c-413d-99a4-ab6c5ee8177a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[623114],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nozha Group considers IPO, in talks to hire adviser - 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\/2018\/10\/22\/nozha-group-considers-ipo-in-talks-to-hire-adviser\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nozha Group considers IPO, in talks to hire adviser\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Nozha Group considering IPO: Real estate and education investment holding firm Nozha Group is considering an IPO and is currently shopping for investment bankers to lead the transaction, CEO Abdallah Elmaghrabi told Al Mal. Elmaghrabi did not specify a timeframe for the offering or disclose which banks are in the running for the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/22\/nozha-group-considers-ipo-in-talks-to-hire-adviser\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-22T04:24:45+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\/2018\/10\/22\/nozha-group-considers-ipo-in-talks-to-hire-adviser\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/22\/nozha-group-considers-ipo-in-talks-to-hire-adviser\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Nozha Group considers IPO, in talks to hire adviser\",\"datePublished\":\"2018-10-22T04:24:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/22\/nozha-group-considers-ipo-in-talks-to-hire-adviser\/\"},\"wordCount\":126,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/22\/nozha-group-considers-ipo-in-talks-to-hire-adviser\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/22\/nozha-group-considers-ipo-in-talks-to-hire-adviser\/\",\"name\":\"Nozha Group considers IPO, in talks to hire adviser - 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Chairman Hazem Sammour had saidin December that the company was aiming to start construction on the EGP 400 mn hospital at the top of this year and\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591338,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/nozha-hospital-hopes-to-obtain-licenses-for-new-cairo-branch-this-month\/","url_meta":{"origin":623128,"position":1},"title":"Nozha Hospital hopes to obtain licenses for New Cairo branch this month","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"The Nozha International Hospital Company expects to obtain licenses to establish a branch of Nozha Hospital in New Cairo before the end of the year, Chairman Hazem Sammour told the local press. The company aims to start construction of the EGP 400 mn hospital by early 2020 and complete it\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596188,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/el-nozha-hospital-to-begin-construction-on-new-cairo-project-in-september\/","url_meta":{"origin":623128,"position":2},"title":"El Nozha Hospital to begin construction on New Cairo project in September","author":"enterpriseam admin","date":"20 August 2019","format":false,"excerpt":"El Nozha International Hospital is planning to begin construction on its new EGP 400 mn branch in New Cairo in September, board member Ahmed El Noury told the local press. The new hospital will have a capacity of 100 beds, with first-phase operations set to begin in 1Q2020.","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634580,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/cleopatra-submits-mto-for-100-of-nozha-international-hospital\/","url_meta":{"origin":623128,"position":3},"title":"Cleopatra submits MTO for 100% of Nozha International Hospital","author":"enterpriseam admin","date":"18 January 2018","format":false,"excerpt":"M&A WATCH- Cleopatra submits MTO for 100% of Nozha International Hospital: Cleopatra Hospitals Group has filed for Financial Regulatory Authority approval of a mandatory tender offer to acquire 100% of Heliopolis\u2019 110-bed Nozha International Hospital, according to an FRA statement posted by the bourse (pdf). Cleopatra has offered to pay\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634641,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/cleopatra-hospitals-group-outlines-case-for-acquisition-of-el-nozha-intl\/","url_meta":{"origin":623128,"position":4},"title":"Cleopatra Hospitals Group outlines case for acquisition of El Nozha Int\u2019l","author":"enterpriseam admin","date":"21 January 2018","format":false,"excerpt":"Cleopatra Hospitals Group outlines case for acquisition of El Nozha Int\u2019l: Cleopatra Hosptials Group, one of Egypt\u2019s largest private-sector hospital operators, gave more colour on its bid for El Nozha International Hospital in a release issued Thursday (pdf). \u201cEl Nozha is exactly the type of accretive acquisition we are seeking:\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635027,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/el-nozha-intl-bucking-acquisition-offer-from-cleopatra\/","url_meta":{"origin":623128,"position":5},"title":"El Nozha Int\u2019l bucking acquisition offer from Cleopatra?","author":"enterpriseam admin","date":"31 January 2018","format":false,"excerpt":"El Nozha Int\u2019l bucking acquisition offer from Cleopatra? Cleopatra Hospitals\u2019 bid to acquire El Nozha International Hospital is apparently hostile, with Al Borsa reporting that it has seen a copy of a complaint El Noza has filed with the Financial Regulatory Authority (FRA) alleging that its shares were subject to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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\/623128","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=623128"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623128\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/623114"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=623128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=623128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=623128"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=623128"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=623128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}