{"id":636226,"date":"2017-12-27T04:19:28","date_gmt":"2017-12-27T04:19:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/27\/14-real-estate-tourism-companies-gearing-up-to-ipo-in-2018-farid\/"},"modified":"2017-12-27T04:19:28","modified_gmt":"2017-12-27T04:19:28","slug":"14-real-estate-tourism-companies-gearing-up-to-ipo-in-2018-farid","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/27\/14-real-estate-tourism-companies-gearing-up-to-ipo-in-2018-farid\/","title":{"rendered":"14 real estate, tourism companies gearing up to IPO in 2018 -Farid"},"content":{"rendered":"

<\/a> IPO WATCH- Some 14 real estate and tourism companies are preparing to offer shares on the bourse next year<\/strong>, EGX Chairman Mohamed Farid told the press yesterday, Al Borsa reports<\/a>. The 14 IPO contenders are subsidiaries of eight larger companies, according to Farid, who added that another six companies in the financial and petrochemicals industries are still in the early phases of their respective IPO plans and currently looking into the requirements and conditions. As we noted yesterday<\/a>, EFG Hermes expects to hold three IPOs next year, including Unionaire Group and Oriental Petrochemicals Company. Meanwhile, the long-awaited IPO of Banque du Caire is expected sometime during 4Q2018, according to EFG Hermes\u2019 Co-Head of Investment Banking Mostafa Gad.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO WATCH- Some 14 real estate and tourism companies are preparing to offer shares on the bourse next year, EGX Chairman Mohamed Farid told the press yesterday, Al Borsa reports. The 14 IPO contenders are subsidiaries of eight larger companies, according to Farid, who added that another six companies in the financial and petrochemicals industries […]<\/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-636226","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1128d364-5f3c-4e32-8300-a6f88bc3551e","order":"0","is_powered_by":true,"section_story_id":"b06adb6b-b82c-4c7f-906c-a9cb1d590642","story_type":"1","photo_url":"","photo_position":"above","related_issue":[636219],"teaser":"","voice_url":""},"yoast_head":"\n14 real estate, tourism companies gearing up to IPO in 2018 -Farid - 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\/2017\/12\/27\/14-real-estate-tourism-companies-gearing-up-to-ipo-in-2018-farid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"14 real estate, tourism companies gearing up to IPO in 2018 -Farid\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Some 14 real estate and tourism companies are preparing to offer shares on the bourse next year, EGX Chairman Mohamed Farid told the press yesterday, Al Borsa reports. 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Eight companies have reportedly begun procedures to list on the EGX, said bourse boss Mohamed Farid. Among them are companies in the real estate and tourism sector, he added without naming names. 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The planned IPO aims to finance EPPC\u2019s expansions in its petrochemicals plant, where Amwal Al Khaleej\u2026","rel":"","context":"In "Speed Round"","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":597347,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/egx-boss-sees-two-private-companies-one-state-owned-company-ipoing-this-year\/","url_meta":{"origin":636226,"position":3},"title":"EGX boss sees two private companies, one state-owned company IPOing this year","author":"enterpriseam admin","date":"24 July 2019","format":false,"excerpt":"IPO WATCH- Two private companies, one state-owned company expected to IPO this year -Farid: EGX boss Mohamed Farid expects one state-owned company and two private companies to complete their initial public offerings this year, he told the local press. Farid did not say which companies he sees making their EGX\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/198.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562979,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/four-companies-to-ipo-in-2h2021\/","url_meta":{"origin":636226,"position":4},"title":"Four companies to IPO in 2H2021?","author":"enterpriseam admin","date":"14 June 2021","format":false,"excerpt":"The EGX could see as many as four companies debut shares during the second half of the year, EGX Chairman Mohamed Farid told Reuters.Want to know who? Farid is keeping us guessing. 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