{"id":623473,"date":"2018-10-31T04:18:36","date_gmt":"2018-10-31T04:18:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/oud-eyeing-1h2019-ipo-plans-to-invest-egp-3-bn-next-year\/"},"modified":"2018-10-31T04:18:36","modified_gmt":"2018-10-31T04:18:36","slug":"oud-eyeing-1h2019-ipo-plans-to-invest-egp-3-bn-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/oud-eyeing-1h2019-ipo-plans-to-invest-egp-3-bn-next-year\/","title":{"rendered":"OUD eyeing 1H2019 IPO, plans to invest EGP 3 bn next year"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> ** #5 <strong>IPO WATCH- Orientals for Urban Development eyeing 2019 IPO:<\/strong> Oriental Weavers sister company Orientals for Urban Development (OUD) is looking at a potential IPO in 2H2019, <a href=\"https:\/\/alborsaanews.com\/2018\/10\/30\/1145865\">Chairman Asser Hamdy said<\/a>. According to Hamdy, the company is studying hiring an adviser for the transaction, and expects to make a choice in 2019. The company is also planning to invest EGP 3 bn next year in its residential and commercial projects and hotels, including the inauguration of two new hotels in the North Coast and Marsa Alam, as well as construction works on a mall in East Cairo and two residential compounds \u2014 Janoub in the new capital and <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/12\/oud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound\/\">Heliopolis Hills<\/a> in Obour City.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>** #5 IPO WATCH- Orientals for Urban Development eyeing 2019 IPO: Oriental Weavers sister company Orientals for Urban Development (OUD) is looking at a potential IPO in 2H2019, Chairman Asser Hamdy said. According to Hamdy, the company is studying hiring an adviser for the transaction, and expects to make a choice in 2019. The company [&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":[72,955,65,1202,9467,9468,83,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623473","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-hospitality","tag-investment","tag-oriental-weavers","tag-orientals-for-urban-development","tag-oud","tag-real-estate","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"08595e34-76f5-40ee-b7ec-0fad4e460df5","order":"0","is_powered_by":true,"section_story_id":"556ce351-fd0f-4580-8119-c1b0a25e8bd2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[623456],"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>OUD eyeing 1H2019 IPO, plans to invest EGP 3 bn next year - 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\/31\/oud-eyeing-1h2019-ipo-plans-to-invest-egp-3-bn-next-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OUD eyeing 1H2019 IPO, plans to invest EGP 3 bn next year\" \/>\n<meta property=\"og:description\" content=\"** #5 IPO WATCH- Orientals for Urban Development eyeing 2019 IPO: Oriental Weavers sister company Orientals for Urban Development (OUD) is looking at a potential IPO in 2H2019, Chairman Asser Hamdy said. 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