{"id":637841,"date":"2017-11-27T03:56:46","date_gmt":"2017-11-27T03:56:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/27\/ipo-of-alhokairs-malls-unit-said-to-be-on-hold-iraq-plans-usd-2-bn-eurobond\/"},"modified":"2017-11-27T03:56:46","modified_gmt":"2017-11-27T03:56:46","slug":"ipo-of-alhokairs-malls-unit-said-to-be-on-hold-iraq-plans-usd-2-bn-eurobond","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/27\/ipo-of-alhokairs-malls-unit-said-to-be-on-hold-iraq-plans-usd-2-bn-eurobond\/","title":{"rendered":"IPO of Alhokair\u2019s malls unit said to be on hold, Iraq plans USD 2 bn eurobond"},"content":{"rendered":"<p>Also making news in the international business press this morning:<\/p>\n<p><strong>Alhokair Malls IPO on hold? <\/strong>\u201cPlans to revive the public share sale of Fawaz Alhokair Group\u2019s mall unit are on hold after the accounts of its billionaire co-founder were frozen in Saudi Arabia\u2019s corruption crackdown, according to people with knowledge of the matter,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-11-26\/saudi-alhokair-mall-ipo-said-to-be-derailed-as-billionaire-held\">Bloomberg reports<\/a>.The unit\u2019s Marakez division runs the Mall of Arabia in West Cairo.<\/p>\n<p><strong>Iraq is planning a USD 2 bn eurobond issue <\/strong>to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-11-26\/iraq-plans-2-billion-eurobond-sale-to-plug-2018-budget-deficit\">plug its 2018 budget deficit<\/a> \u201cas the oil-rich country capitalizes on IMF backing and a gradual return to stability.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Also making news in the international business press this morning: Alhokair Malls IPO on hold? \u201cPlans to revive the public share sale of Fawaz Alhokair Group\u2019s mall unit are on hold after the accounts of its billionaire co-founder were frozen in Saudi Arabia\u2019s corruption crackdown, according to people with knowledge of the matter,\u201d Bloomberg reports.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-637841","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"889bbc91-e65c-41c7-a56c-cb7350056253","order":"0","is_powered_by":true,"section_story_id":"2fd358f3-df70-4e04-a391-2ee6fbdae335","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637828],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The Saudi retail giant is planning to sell about 65 mn existing shares and 30 mn new shares on the\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":610401,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/20\/alhokair-unit-could-invest-up-to-usd-1-5-bn-here-next-year\/","url_meta":{"origin":637841,"position":1},"title":"Alhokair unit could invest up to USD 1.5 bn here next year","author":"enterpriseam admin","date":"20 November 2023","format":false,"excerpt":"Other participating companies could make announcements today","rel":"","context":"In \"EnterpriseAM\"","block_context":{"text":"EnterpriseAM","link":"https:\/\/enterpriseam.com\/egypt\/tag\/enterpriseam\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1029.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570489,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/02\/alhokairs-marakez-seeks-usd-135-mn-from-ifc-to-build-malls-in-egypt-pay-off-debt\/","url_meta":{"origin":637841,"position":2},"title":"AlHokair\u2019s Marakez seeks USD 135 mn from IFC to build malls in Egypt, pay off debt","author":"enterpriseam admin","date":"2 April 2020","format":false,"excerpt":"INVESTMENT WATCH- Marakez seeks USD 135 mn IFC loan to set up malls in Egypt, pay off debt: Marakez for Real Estate Investment is in talks with the International Finance Corporation (IFC) for a USD 135 mn loan to finance expansion plans in Egypt, the IFC said. Fawaz, Salman, and\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":595319,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/egypt-to-tap-intl-banks-to-manage-usd-2-5-3-bn-eurobond-issuance-within-three-weeks\/","url_meta":{"origin":637841,"position":3},"title":"Egypt to tap int\u2019l banks to manage USD 2.5-3 bn eurobond issuance within three weeks","author":"enterpriseam admin","date":"23 September 2019","format":false,"excerpt":"Gov\u2019t to begin talks with banks over USD 2.5-3 bn eurobond issuance within three weeks: The Finance Ministry expects to begin talks within three weeks with some 20 international investment banks and 7-8 local and international law firms to advise on a USD 2.5-3 bn issuance of USD-denominated eurobonds on\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":605122,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/west-cairo-is-getting-an-ikea-as-marakez-al-futtaim-ink-agreement\/","url_meta":{"origin":637841,"position":4},"title":"West Cairo is getting an Ikea as Marakez, Al Futtaim ink agreement","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"EXCLUSIVE- West Cairo is getting an Ikea. Fawaz AlHokair Group\u2019s Marakez has inked a long-term lease agreement with Al Futtaim Misr for Retail to open a 20k sqm Ikea store at Mall of Arabia in West Cairo, according to a statement (pdf). The outlet will be the second in Egypt\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\/2018\/12\/807.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595244,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/","url_meta":{"origin":637841,"position":5},"title":"AlHokair\u2019s Marakez looking for land for a mall in Egypt\u2019s Assiut","author":"enterpriseam admin","date":"19 September 2019","format":false,"excerpt":"Marakez for Real Estate Investment is planning to develop a new shopping mall in Salam City on the Cairo-Ismailia road at a cost of EGP 250 mn, Chief Business Development Officer Ashraf Farid said, according to Al Shorouk. The mall will feature both open-air areas and retail stores. The Fawaz\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"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\/637841","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=637841"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637841\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637828"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637841"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637841"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}