{"id":654170,"date":"2024-10-29T00:00:00","date_gmt":"2024-10-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/29\/united-banks-ipo-roadshow-is-taking-place-next-month\/"},"modified":"2024-10-29T00:00:00","modified_gmt":"2024-10-29T00:00:00","slug":"united-banks-ipo-roadshow-is-taking-place-next-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/29\/united-banks-ipo-roadshow-is-taking-place-next-month\/","title":{"rendered":"United Bank\u2019s IPO roadshow is taking place next month"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good <\/strong><strong>morning, all.<\/strong> It\u2019s a lighter news morning as we reach the final hump day of October. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>#1- Kouchouk strikes optimistic tone ahead of fourth IMF loan review: <\/strong>Speaking in a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02RJ3N79KtQ8UbLmDcD97egYQCCMygU3b8uqGuC13iz3rS6PvunfPJhYSLjkwbEfcUl\" style=\"\" rel=\"noopener\">briefing<\/a> yesterday, Finance Minister Ahmed Kouchouk said that while in Washington for the IMF and World Bank\u2019s annual meetings he had expressed the government\u2019s expectation that it would have \u201cpositive and constructive discussions\u201d with the Fund during the fourth review of our loan program. The review \u2014 which if successfully passed will unlock USD 1.3 bn in funds \u2014 had been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/86e6a568-f8e0-4a52-9edd-7081c1179ced\/imf-signals-openness-to-changing-loan-terms-amid-regional-conflict-pressures\" style=\"\" rel=\"noopener\">previously expected<\/a> to commence after the IMF annual meetings wrapped up this past Saturday. We\u2019re now waiting for IMF boss Kristalina Georgieva to land in Egypt \u201csee for herself what is happening in the country\u201d and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/21757400-64da-46be-946d-2b0fd12fbd86\/egypt-is-mapping-out-three-potential-routes-for-its-imf-program-adjustment\" style=\"\" rel=\"noopener\">possibly discuss program adjustments<\/a> with government officials. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>#2- United Bank\u2019s IPO roadshow next month? <\/strong>CI Capital \u2014 the firm managing United Bank\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8d79ff05-21fa-44eb-9911-9f2eeb114ae7\/united-bank-announces-intention-to-float\" style=\"\" rel=\"noopener\">initial public offering<\/a> \u2014 is planning to conduct a roadshow for the 30% stake of the lender going public next month, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/10\/28\/1838111\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reports, citing unnamed sources. The promotional tour for the offering will cover several countries in the Gulf \u2014 including Saudi Arabia, the UAE, and Kuwait \u2014 to attract investors for the bank's private placement, which is set to account for around 25% of the bank\u2019s total share capital, with the remaining 5% allocated to the public offering.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>#3- Sole proprietorships could be allowed to go public soon: <\/strong>The EGX is considering allowing sole proprietorships to be listed and traded on the bourse without having to become joint-stock companies \u2014 a change that would require an amendment to the Capital Market Act, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/10\/28\/1838122\" style=\"\" rel=\"noopener\">Al Borsa<\/a> quotes EGX boss Ahmed El Sheikh as saying. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- There might be a new Emirati industrial zone coming to the new capital<\/strong>, with the Administrative Capital for Urban Developments (ACUD) set to ink an MoU with an unnamed company from the UAE for a 500-feddan project in the coming days, ACUD Chairman Khaled Abbas told <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/CNBCArabia\/posts\/pfbid02fS6o2DGfNAcaYRhbhfGTgzrAB9Q6scNP7UxNdtsVbXdLqv4DhCF3UAFWJJe2m2vgl?rdid=RSFFWy4cBFkjvtXz\" style=\"\" rel=\"noopener\">CNBC Arabia<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A Turkish zone may also be in the cards: <\/strong>ACUD is also in negotiations with a Turkish company over a similar project, Abbas told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/10\/28\/1837953\" style=\"\" rel=\"noopener\">Al Borsa<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And that\u2019s not all: <\/strong>The company will <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/AsharqbEGY\/posts\/pfbid02bFsYXTdSQD4JdHxubg4XYKva9UvVsoZe59kFd8TCCLe6GHABSqjofyjdsDaVa59ul\" style=\"\" rel=\"noopener\">offer more industrial land<\/a> mid-2025 seeing as demand for land plots exceeded the 2k feddans initially offered, Abbas said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where does the company\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c97e865a-fd8a-4b88-9383-9546964ca6fc\/the-cbe-is-meeting-today-%25e2%2580%2594-analysts-expect-rates-to-remain-unchanged\" style=\"\" rel=\"noopener\">many times delayed<\/a><\/strong><strong> IPO stand? <\/strong>\u201cWe are close to selecting a financial advisor to revaluate the company,\u201d <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/watch\/?v=402222699605650&rdid=WqnJgzn5eWn9ePVr\" style=\"\" rel=\"noopener\">Abbas said<\/a>, adding that based on the revaluation the company will decide between floating either the parent company or one of its subsidiaries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ACUD\u2019s current valuation? <\/strong>The company had a valuation of EGP 280 bn before the float and it is yet to be evaluated post float, he told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/10\/28\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%B9%D8%A7%D8%B5%D9%85%D8%A9-%D8%A7%D9%84%D8%A7%D8%AF%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A8%D8%AF%D8%A1-%D8%B7%D8%B1%D8%AD-%D8%A7%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9-%D9%84%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D9%88%D8%AA%D9%88%D9%82%D9%8A%D8%B9-%D8%B9%D9%82%D9%88%D8%AF-%D9%82%D8%B1%D9%8A%D8%A8%D8%A7\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>, adding that its current valuation could be around EGP 900 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Inside the biggest stories transforming the Arabian Peninsula and the world<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Introducing <a target=\"_blank\" href=\"https:\/\/www.semafor.com\/newsletters\/gulf?utm_source=swaps&utm_medium=swap&utm_campaign=enterpriseegypt\" style=\"\" rel=\"noopener\">Semafor Gulf<\/a> \u2014 your go-to source for understanding the rising influence of Saudi Arabia, the UAE, and Qatar. Three times a week, the Semafor Gulf newsroom will bring you original reporting that examines how the region's financial, business, and geopolitical decisions shape the world \u2014 from culture and investment to infrastructure, climate, and technology. Navigate the region's capital, influence, and power with Semafor Gulf \u2014 <a target=\"_blank\" href=\"https:\/\/www.semafor.com\/newsletters\/gulf?utm_source=swaps&utm_medium=swap&utm_campaign=enterpriseegypt\" style=\"\" rel=\"noopener\">subscribe here at no cost.<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA POINT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt4\"><\/a> <strong>Pharma sales saw a 50% y-o-y increase in 3Q 2024<\/strong>, to reach some EGP 60 bn, <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/10\/28\/%D8%A8%D8%B3%D8%A8%D8%A8-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D9%85%D8%A8%D9%8A%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D8%AF%D9%88%D9%8A%D8%A9-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D8%AA%D9%82%D9%81%D8%B2-50-%D9%81%D9%8A-%D8%A7%D9%84%D8%B1%D8%A8%D8%B9-%D8%A7%D9%84%D8%AB%D8%A7%D9%84%D8%AB-%D9%85%D9%86-2024\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reports, citing unnamed sources from the Federation of Egyptian Industries\u2019 pharma division, who pointed to the increase in prices after pharma players were given the greenlight <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/862efbea-9bc6-40b6-8d32-1ad9e18c24ae\" style=\"\" rel=\"noopener\">to hike prices by an average of 25%<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HAPPENING TOMORROW-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- CEO Women Conference will kick off tomorrow in the capital:<\/strong> The <a target=\"_blank\" href=\"https:\/\/ceo-women.com\/#\" style=\"\" rel=\"noopener\">CEO Women<\/a><a target=\"_blank\" href=\"https:\/\/ceo-women.com\/#\" style=\"\" rel=\"noopener\">Conference<\/a> will take place tomorrow under the theme The Future of Healthcare in Egypt. The conference will highlight women's role in healthcare, the global focus on public health, and the role of AI in healthcare. The event \u2014 which will be held at the Four Seasons Hotel \u2014 will also debut the Entrepreneur Zone, a platform that will allow female entrepreneurs to showcase their innovative projects, connect with investors, and build valuable partnerships.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Attention, real estate players: <\/strong>The <a target=\"_blank\" href=\"https:\/\/decision-makers.org\/\" style=\"\" rel=\"noopener\">Decision Makers Conference<\/a> will kick off tomorrow, bringing together 500 attendees and over 30 speakers to discuss the country\u2019s real estate sector. The conference will host sessions on urban development strategies, attracting foreign investment, and the current challenges and promises of Egypt's real estate industry with input from leading public and private sector players.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- It\u2019s another cool day in Cairo<\/strong>, with a high of 27\u00b0C and a low of 18\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s more or less the same in Alexandria<\/strong>, with a high of 25\u00b0C and a low of 19\u00b0C.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we now cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p class=\"tag-border-left\">CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- We just got some more details on<\/strong> <strong>the UN\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/wuf.unhabitat.org\/wuf12\" style=\"\" rel=\"noopener\">World Urban Forum<\/a><\/strong><strong>,<\/strong><strong> set to take <\/strong><strong>place in Cairo from 4-8 November: <\/strong>The forum \u2014 expected to draw around <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d5e54f1d-dc98-4fe2-ac8a-af684b381301\/madbouly-promises-important-privatization-news-soon\" style=\"\" rel=\"noopener\">20k participants<\/a> from 185 nations \u2014 will focus on \u201clocalizing the sustainable development goals\u201d under the theme It All Starts at Home: Local Actions for Sustainable Cities and Communities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What to expect: <\/strong>The forum will include 31 sessions, 27 of which will see Egyptian officials participate, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0GbAWJfj3pNfm5zmWKQTLJw9V6oF2FLQBzWwNM7XKWxvp3kdZB6ZPyfw19aA725Skl\" style=\"\" rel=\"noopener\">statement<\/a>. The sessions on Egypt will focus on national project financing and future investment opportunities, while the forum\u2019s exhibition will provide government agencies and real estate developers space to inform visitors about ongoing and upcoming projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Registration for the event is available on the forum\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/events.unhabitat.org\/\" style=\"\" rel=\"noopener\">website<\/a><\/strong><strong>. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong>Africa\u2019s top auto aftermarket and feeder industries exhibition is coming to town: <\/strong>The capital will host <a target=\"_blank\" href=\"https:\/\/www.autotechegypt.com\/en\/home.html\" style=\"\" rel=\"noopener\">Autotech 2024<\/a>, \u201che premier hub that brings together the biggest industry professionals in the automotive aftermarket and feeding industries,\u201d on 17-19 November and welcome over 9k attendees and over 300 exhibiting companies. The event is also being billed as a chance to network with others in the sector, hold B2B meetings, and see leading figures in the industry speak. Check out the conference\u2019s <a target=\"_blank\" href=\"https:\/\/www.autotechegypt.com\/en\/Conference\/Conference-Agenda.html\" style=\"\" rel=\"noopener\">agenda<\/a> and find the <a target=\"_blank\" href=\"https:\/\/register.visitcloud.com\/survey\/2l2wgvioykncs?actioncode=WEB1&utm_source=microsoft&utm_medium=display&utm_campaign=aet24gat-aa-homepage-en&utm_content=homepage-en\" style=\"\" rel=\"noopener\">link to register<\/a> on the event\u2019s official website. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/\" style=\"\" rel=\"noopener\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a busy morning in the foreign press today<\/strong>, as the situation in Gaza looks increasingly dire and the US elections race continues to heat up. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel has moved to ban UNRWA from the country<\/strong>, effectively barring humanitarian aid from the largest aid provider to Gaza and the Palestinians. Several countries \u2014 including Germany, the UK, and Belgium \u2014 condemned the move. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/live\/2024\/oct\/28\/israel-iran-gaza-lebanon-unrwa-middle-east-crisis-news\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnn.com\/2024\/10\/28\/middleeast\/unrwa-israel-knesset-vote-ban-palestinians-intl\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/israeli-parliament-passes-law-ban-un-relief-agency-unrwa-operating-inside-2024-10-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/israel-palestinians-hamas-war-un-aid-refugees-16bc0524adc947b95abe25d7d9eca038\" style=\"\" rel=\"noopener\">AP<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Uncertainty over the prospects of a ceasefire continues: <\/strong>Israeli Prime Minister Benjamin Netanyahu said he is open to a short truce in Gaza if they could agree on a small hostage swap agreement, though he also denied having received a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/b5480b17-ecfd-4a49-8983-5ce2f3a09bb7\/this-morning:-ubs-also-sees-gdp-growing-at-more-than-5%25--ceo-+-vietnamese-pm-in-the-uae\" style=\"\" rel=\"noopener\">proposal<\/a> from Egypt, saying if he had, he would have accepted it on the spot. Egyptian President Abdel Fattah El Sisi had said a day earlier that he had proposed a two-day ceasefire to exchange hostages, ahead of a 10-day stretch of negotiations for a permanent ceasefire. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-28\/israel-hamas-war-netanyahu-open-to-short-truce-in-gaza?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/netanyahu-israel-did-not-receive-proposal-release-4-hostages-2024-10-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Netanyahu is pledging to strike more peace agreements<\/strong> <strong>with Arab countries<\/strong> in the \u201cday after\u201d the war, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-wants-more-peace-deals-with-arab-countries-after-war-netanyahu-says-2024-10-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The situation on the ground<\/strong>: Palestine\u2019s emergency services have warned of 100k Palestinians trapped in Jabalia without food or medical supplies, while in Lebanon, at least 60 were killed in the eastern Bekaa valley yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Donald is appealing to religious voters in swing state Georgia as early votes kick off, while Kamala Harris doubled down on her criticism of Trump <\/strong>following a rally of his that saw speakers make racist remarks against Puerto Rico. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/harris-campaigns-michigan-trump-georgia-final-stretch-white-house-race-2024-10-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN BUSINESS NEWS- Rivalry between Big Tech heats up: <\/strong>Microsoft is accusing Google of backing a lobbying group designed to undermine its position with competition authorities and that it runs shadow campaigns against Microsoft, while the coalition \u2014 the Open Cloud Coalition \u2014 claimed it was focused on openness in cloud services, and Google claimed Microsoft is engaging in anti-competitive practices. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/520bf847-7346-442a-8f70-5c4680ae2886\" style=\"\" rel=\"noopener\">Financial Times<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/239.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Going Green day \u2014 your weekly briefing of all things green in Egypt:<\/strong> Enterprise\u2019s green economy vertical focuses each Tuesday on the business of renewable energy and sustainable practices in Egypt, everything from solar and wind energy through to water, waste management, sustainable building practices and how you can make your business greener, whatever the sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue, <\/strong>we take a look at Egypt\u2019s progress toward achieving the UN\u2019s sustainable development goals \u2014 with a particular focus on those that relate to sustainability and the environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, all. It\u2019s a lighter news morning as we reach the final hump day of October. WATCH THIS SPACE- #1- Kouchouk strikes optimistic tone ahead of fourth IMF loan review: Speaking in a briefing yesterday, Finance Minister Ahmed Kouchouk said that while in Washington for the IMF and World Bank\u2019s annual meetings he had [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":654171,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7204],"tags":[72,7193,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-654170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-united-bank","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"4300b43b-ec32-42cf-aaf9-d8c1048b100c","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/10\/2499.jpg","photo_position":"above","homepage_title":"","full_issue_title":"United Bank\u2019s IPO roadshow is taking place next month","related_issue":[654168],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.9581c7a8-7c5b-4083-b169-7bbd7495be6b.mp3"},"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>United Bank\u2019s IPO roadshow is taking place next month - 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\/2024\/10\/29\/united-banks-ipo-roadshow-is-taking-place-next-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"United Bank\u2019s IPO roadshow is taking place next month\" \/>\n<meta property=\"og:description\" content=\"Good morning, all. It\u2019s a lighter news morning as we reach the final hump day of October. 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If you or your colleagues are using corporate email and need us to help you whitelist our new sender to guarantee deliverability, please reach out to us on editorial@enterprise.press. Expect a little more hassle on those flights to JFK from Cairo:\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625125,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/what-were-tracking-this-week-and-beyond-95\/","url_meta":{"origin":654170,"position":3},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"27 September 2018","format":false,"excerpt":"The African Development Bank (AfDB) will reportedly disburse the third and final USD 500 mn tranche of a USD 1.5 bn loan to Egypt \u201cwithin days.\u201dThe 2018 Narrative PR Summit will take place at the Four Seasons Nile Plaza on Sunday, 28 October with participants including friends ranging from the\u2026","rel":"","context":"In &quot;Up Next&quot;","block_context":{"text":"Up Next","link":"https:\/\/enterpriseam.com\/egypt\/category\/up-next\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640458,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/26\/imf-representatives-are-scheduled-to-visit-in-october-for-our-fourth-loan-review\/","url_meta":{"origin":654170,"position":4},"title":"IMF representatives are scheduled to visit in October for our fourth loan review","author":"enterpriseam admin","date":"26 August 2024","format":false,"excerpt":"Good afternoon, all. It\u2019s shaping up to be another calm news day as we enjoy one of the last days before summer comes to an end and the academic year kicks off. THE BIG STORY TODAY- Fourth review incoming: Representatives from the IMF should land in town early October to\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/94.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":668669,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/20\/finmin-expects-imf-reviews-to-wrap-up-this-fall-unlocking-usd-2-5-bn-disbursement\/","url_meta":{"origin":654170,"position":5},"title":"FinMin expects IMF reviews to wrap up this fall, unlocking USD 2.5 bn disbursement","author":"enterpriseam admin","date":"20 July 2025","format":false,"excerpt":"The government could close 3-4 privatization agreements this fiscal year","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1221.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/654170","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=654170"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/654170\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/654168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/654171"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=654170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=654170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=654170"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=654170"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=654170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}