{"id":656863,"date":"2024-12-11T00:00:00","date_gmt":"2024-12-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/"},"modified":"2024-12-11T00:00:00","modified_gmt":"2024-12-11T00:00:00","slug":"united-banks-shares-rise-3-2-in-egx-debut","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/","title":{"rendered":"United Bank\u2019s shares rise 3.2% in EGX debut"},"content":{"rendered":"

United Bank\u2019s shares <\/strong>rose<\/a><\/strong> 3.2% to EGP 14.29 per share by the time the markets closed<\/strong> yesterday on their first day of trading.<\/strong> During trading, the company\u2019s shares under the ticker UBEE.CA rose by as much as 10.0% to change hands at EGP 15.23, before pairing back gains, according to market data. This put the bank\u2019s market capitalization yesterday at EGP 15.7 bn.<\/p>\n

This marks only the second post-IPO EGX debut this year<\/strong>, after Act Financial began trading on the EGX in late July and saw its shares jump<\/a> 29.7% on the first day of trading. It also marks the first IPO of a bank on the EGX in 28 years, according to the offering\u2019s sole global coordinator and bookrunner CI Capital in a statement<\/a>.<\/p>\n

Remember: <\/strong>The Central Bank of Egypt-owned bank offered up a 30% stake in the IPO \u2014 equivalent to 330 mn shares \u2014 at a share price of EGP 13.85 each, raising some EGP 4.57 bn. United Bank\u2019s retail offering, which closed last week, was overs<\/a>ubscribed 59x<\/a>, while the offering\u2019s private placement was covered 6x. The offering as a whole was more than 8.6x oversubscribed.<\/p>\n

More IPOs of state-owned companies could soon be on their way:<\/strong> Prime Minister Mostafa Madbouly told reporters last week that his government plans<\/a> to offer three to four companies affiliated with the military on the bourse, which was followed by unconfirmed reports<\/a> naming two of the companies as Wataneya and Safi with listings pencilled in for 1Q 2025.<\/p>\n

What they said:<\/strong> \u201cThe offering coverage figures reflected a great thirst for new subscriptions and offerings, and increased confidence in the EGX, and increasing confidence in the bourse to accommodate all subscriptions and offerings, whether coming from the government of the private sector,\u201d EGX head Ahmed El Sheikh said at the ringing of the bell to mark the entrance of the stock, according to a statement (pdf)<\/a> from the central bank.<\/p>\n

Advisors: <\/strong>CI Capital was the sole global coordinator and bookrunner for the offering, while Helmy, Hamza & Partners \u2014 Baker McKenzie\u2019s Cairo office \u2014 acted as counsel. Baker Tilly was the offering\u2019s independent financial advisor and Ernst & Young (EY) the auditor. <\/p>\n

United Bank\u2019s EGX debut also caught the attention of the int\u2019l business press: <\/strong>Bloomberg<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

This marks only the second post-IPO EGX debut this year<\/p>\n","protected":false},"author":1,"featured_media":656864,"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":[7224],"tags":[104,68,72,78,1350,1260,7193],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-656863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-watch","tag-economy","tag-egx","tag-enterpriseam","tag-ipo-watch","tag-madbouly-cabinet","tag-mena-ipos","tag-united-bank","wpautop","entry"],"acf":{"mongo_id":"b476a5c7-40cb-42d9-bdaf-41cbee2a788e","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1021.jpg","photo_position":"above","homepage_title":"","full_issue_title":"United Bank\u2019s shares rise 3.2% in EGX debut","related_issue":[656853],"teaser":"This marks only the second post-IPO EGX debut this year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.8bbe31c0-1c62-4c19-9138-ddd68f4d2bb7.mp3"},"yoast_head":"\nUnited Bank\u2019s shares rise 3.2% in EGX debut - 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\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"United Bank\u2019s shares rise 3.2% in EGX debut\" \/>\n<meta property=\"og:description\" content=\"This marks only the second post-IPO EGX debut this year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-11T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"United Bank\u2019s shares rise 3.2% in EGX debut\",\"datePublished\":\"2024-12-11T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/\"},\"wordCount\":378,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EGX\",\"EnterpriseAM\",\"IPO watch\",\"Madbouly Cabinet\",\"MENA IPOs\",\"United Bank\"],\"articleSection\":[\"IPO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/\",\"name\":\"United Bank\u2019s shares rise 3.2% in EGX debut - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-12-11T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"United Bank\u2019s shares rise 3.2% in EGX debut\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"United Bank\u2019s shares rise 3.2% in EGX debut - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/","og_locale":"en_US","og_type":"article","og_title":"United Bank\u2019s shares rise 3.2% in EGX debut","og_description":"This marks only the second post-IPO EGX debut this year","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-12-11T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"United Bank\u2019s shares rise 3.2% in EGX debut","datePublished":"2024-12-11T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/"},"wordCount":378,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1","keywords":["economy","EGX","EnterpriseAM","IPO watch","Madbouly Cabinet","MENA IPOs","United Bank"],"articleSection":["IPO"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/","name":"United Bank\u2019s shares rise 3.2% in EGX debut - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1","datePublished":"2024-12-11T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/united-banks-shares-rise-3-2-in-egx-debut\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"United Bank\u2019s shares rise 3.2% in EGX debut"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1021.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":589918,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/11\/taqa-arabia-shares-up-sharply-in-second-debut\/","url_meta":{"origin":656863,"position":0},"title":"Taqa Arabia shares up sharply in second debut","author":"enterpriseam admin","date":"11 July 2023","format":false,"excerpt":"Taqa Arabia share price soars 3,900% to EGP 20","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/307.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556367,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/e-finance-shares-soar-50-in-egx-debut-company-looks-to-ma-launch-of-e-health-platform\/","url_meta":{"origin":656863,"position":1},"title":"e-Finance shares soar 50% in EGX debut, company looks to M&A, launch of e-health platform","author":"enterpriseam admin","date":"24 October 2021","format":false,"excerpt":"e-Finance shares jump 50% in EGX debut: Shares in state-owned fintech platform and payment infrastructure provider e-Finance jumped 50% in their trading debut on the EGX last Wednesday. Trading under the ticker EFIH, the company rose as much as 79% to EGP 25 per share during the session before closing\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/237.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565414,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/07\/taaleem-shares-pop-6-in-egx-debut\/","url_meta":{"origin":656863,"position":2},"title":"Taaleem shares pop 6% in EGX debut","author":"enterpriseam admin","date":"7 April 2021","format":false,"excerpt":"Higher education outfit Taaleem saw its shares rise a bit over 6% in their first day of trading, closing at EGP 6.10 after opening at EGP 5.75. The company\u2019s sale of 49% of its shares in its EGX debut \u2014 under the ticker TALM \u2014 marks the first real IPO\u2026","rel":"","context":"In "SPEED ROUND: IPO WATCH"","block_context":{"text":"SPEED ROUND: IPO WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/362.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589827,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/10\/egx-voids-taqa-arabia-debut-following-83000-price-surge\/","url_meta":{"origin":656863,"position":3},"title":"EGX voids Taqa Arabia debut following 83,000% price surge","author":"enterpriseam admin","date":"10 July 2023","format":false,"excerpt":"EGX blames incorrect transactions for 83,000% price surge","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/326.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":656420,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/04\/united-banks-retail-tranche-59x-oversubscribed-as-subscription-period-closes\/","url_meta":{"origin":656863,"position":4},"title":"United Bank\u2019s retail tranche 59x oversubscribed as subscription period closes","author":"enterpriseam admin","date":"4 December 2024","format":false,"excerpt":"The offering\u2019s private placement also finished oversubscribed, with the subscription covered 6x","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/535.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":588079,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/06\/taqa-arabia-to-debut-on-the-egx-by-mid-june-asharq\/","url_meta":{"origin":656863,"position":5},"title":"Taqa Arabia to debut on the EGX by mid-June -Asharq","author":"enterpriseam admin","date":"6 June 2023","format":false,"excerpt":"The energy company will list its shares on the EGX this Thursday.","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/255.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\/656863","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=656863"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/656863\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/656853"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/656864"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=656863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=656863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=656863"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=656863"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=656863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}