{"id":633039,"date":"2018-02-26T04:02:24","date_gmt":"2018-02-26T04:02:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/"},"modified":"2018-02-26T04:02:24","modified_gmt":"2018-02-26T04:02:24","slug":"nib-sends-proposes-addition-of-13-companies-to-states-ipo-program","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/","title":{"rendered":"NIB sends proposes addition of 13 companies to state\u2019s IPO program"},"content":{"rendered":"

IPO WATCH- NIB proposes 13 new companies take part in state IPO program: <\/strong>The National Investment Bank (NIB) has sent the Finance Ministry a list of 13 of its subsidiaries that it is looking to enroll in the state\u2019s IPO program, Planning Minister Hala El Said this week, according to Al Borsa<\/a>. The minister did not name the companies, but NIB managing director Mahmoud Montasser said that the bank holds stakes ranging from 10-50% in each of the proposed companies, some of which it plans to exit entirely, while others will aim to raise capital to finance expansion plans. We have been hearing rumors<\/a> that two Transport Ministry subsidiaries \u2014 namely the Alexandria Container & Cargo Handling and Damietta Container & Cargo Handling Company \u2014 would be joining the IPO pipeline, alongside the General Nile Company for Road Construction and the General Nile Company for Desert Roads. The state\u2019s IPO program is set to kick off with the listing of energy firm Enppi, which has been pushed delayed several times, most recently to the end of 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO WATCH- NIB proposes 13 new companies take part in state IPO program: The National Investment Bank (NIB) has sent the Finance Ministry a list of 13 of its subsidiaries that it is looking to enroll in the state\u2019s IPO program, Planning Minister Hala El Said this week, according to Al Borsa. The minister did […]<\/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-633039","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fc55d77a-c66d-4074-9fa5-326db6e9e465","order":"0","is_powered_by":true,"section_story_id":"8c0d2755-d27a-4e1c-8e0f-a41c594cd4fd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[633026],"teaser":"","voice_url":""},"yoast_head":"\nNIB sends proposes addition of 13 companies to state\u2019s IPO program - 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\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NIB sends proposes addition of 13 companies to state\u2019s IPO program\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- NIB proposes 13 new companies take part in state IPO program: The National Investment Bank (NIB) has sent the Finance Ministry a list of 13 of its subsidiaries that it is looking to enroll in the state\u2019s IPO program, Planning Minister Hala El Said this week, according to Al Borsa. The minister did […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-26T04:02:24+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\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NIB sends proposes addition of 13 companies to state\u2019s IPO program\",\"datePublished\":\"2018-02-26T04:02:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/\"},\"wordCount\":183,\"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\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/\",\"name\":\"NIB sends proposes addition of 13 companies to state\u2019s IPO program - 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