{"id":637786,"date":"2017-11-26T03:57:46","date_gmt":"2017-11-26T03:57:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/nile-air-ceo-says-airline-will-ipo-at-the-end-of-2018\/"},"modified":"2017-11-26T03:57:46","modified_gmt":"2017-11-26T03:57:46","slug":"nile-air-ceo-says-airline-will-ipo-at-the-end-of-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/nile-air-ceo-says-airline-will-ipo-at-the-end-of-2018\/","title":{"rendered":"Nile Air CEO says airline will IPO at the end of 2018"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>IPO WATCH- <\/strong>Airline Nile Air\u2019s IPO is back on, with its CEO Ahmed Ali announcing that it will take place towards the end of 2018, <a href=\"http:\/\/www.almalnews.com\/Story\/354412\/11\/%D8%B7%D8%B1%D8%AD-%D8%A3%D8%B3%D9%87%D9%85-%D8%A7%D9%84%D9%86%D9%8A%D9%84-%D9%84%D9%84%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D9%81%D9%8A-%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D9%86%D9%87%D8%A7%D9%8A%D8%A9-2018\">Al Mal reports<\/a>. The company, which had said it would IPO 30% of its shares this year, had delayed the listing due to macroeconomic developments in 2016 and 2017, including the EGP float, said Ali. The company is also reassessing the stake it plans to put up for sale in light of its recent growth and funding needs to expand its fleet, <a href=\"https:\/\/alborsanews.com\/2017\/11\/25\/1067669\">according to Al Borsa<\/a>. Ali said that company is auditioning three potential global coordinators for the offering. <a href=\"https:\/\/enterprise.press\/stories\/2016\/11\/01\/efg-hermes-to-manage-nile-air-ipo\/\">Media reports had emerged last year<\/a> that EFG Hermes had been tapped to manage the IPO.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPO WATCH- Airline Nile Air\u2019s IPO is back on, with its CEO Ahmed Ali announcing that it will take place towards the end of 2018, Al Mal reports. The company, which had said it would IPO 30% of its shares this year, had delayed the listing due to macroeconomic developments in 2016 and 2017, including [&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-637786","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8f2a7b1e-b575-4a6c-b85a-9441e304f17d","order":"0","is_powered_by":true,"section_story_id":"e168768a-4a32-449a-90fd-9989684f222a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637778],"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>Nile Air CEO says airline will IPO at the end of 2018 - 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\/11\/26\/nile-air-ceo-says-airline-will-ipo-at-the-end-of-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nile Air CEO says airline will IPO at the end of 2018\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Airline Nile Air\u2019s IPO is back on, with its CEO Ahmed Ali announcing that it will take place towards the end of 2018, Al Mal reports. 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He tells Al Borsa that the company now is working on listing procedures with NI Capital. A\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":626467,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/sico-plans-to-ipo-within-three-years\/","url_meta":{"origin":637786,"position":1},"title":"SICO plans to IPO within three years","author":"enterpriseam admin","date":"3 July 2018","format":false,"excerpt":"IPO WATCH- Egyptian electronics manufacturer SICO is planning to list shares on the EGX within three years, CEO Mohamed Salem tells Reuters\u2019 Arabic service, without providing any further details on the potential share sale. The company had denied reports back in February that it was eyeing an IPO, but Salem\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":633039,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/nib-sends-proposes-addition-of-13-companies-to-states-ipo-program\/","url_meta":{"origin":637786,"position":2},"title":"NIB sends proposes addition of 13 companies to state\u2019s IPO program","author":"enterpriseam admin","date":"26 February 2018","format":false,"excerpt":"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\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":637958,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/29\/nile-air-pending-approval-to-launch-new-flights-to-african-and-middle-eastern-cities\/","url_meta":{"origin":637786,"position":3},"title":"Nile Air pending approval to launch new flights to African and Middle Eastern cities","author":"enterpriseam admin","date":"29 November 2017","format":false,"excerpt":"Nile Air is planning to launch new flight routes between Egypt and other cities in Africa and the Middle East, CEO Ahmed Ali tells Al Mal. The charter airline is waiting for approval from different airports to begin mapping out flights. We noted this week that Nile Air\u2019s IPO plans\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628519,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/07\/rooya-holdings-is-still-working-on-completing-regulatory-requirements-ahead-of-planned-ipo\/","url_meta":{"origin":637786,"position":4},"title":"Rooya Holdings is still working on completing regulatory requirements ahead of planned IPO","author":"enterpriseam admin","date":"7 May 2018","format":false,"excerpt":"IPO WATCH- Rooya Holding Investments is working on completing the regulatory requirements to move ahead with its planned IPO on the EGX, parent company Pioneers Holding said in a statement to the EGX yesterday (pdf). 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