{"id":660389,"date":"2025-02-11T00:00:00","date_gmt":"2025-02-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/"},"modified":"2025-02-11T00:00:00","modified_gmt":"2025-02-11T00:00:00","slug":"damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/","title":{"rendered":"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering"},"content":{"rendered":"

EGX-listed D<\/strong>amietta Container and Cargo Handling Company wants to raise its <\/strong>authorized capital to EGP 1.5 bn<\/strong>, up from EGP 400 mn, and increase its issued and paid-up capital to EGP 1.1 bn, up from EGP 200 mn, according to an EGX bulletin<\/a>. It\u2019s worth noting that while the company has been listed on the exchange since 2022, it hasn\u2019t been actively traded but it has been gearing up to IPO. <\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The mechanism: <\/strong>The EGP 900 mn capital increase will be distributed across 90 mn new shares with a par value of EGP 10 apiece. The hike will be sourced from the company\u2019s statutory reserves and other reserves as reflected in its financial statement as of 30 June 2023, the bourse said.<\/p>\n

This could be part of the government\u2019s planned privatization push for 2025: <\/strong>The government plans to offer 20-25% of the company on the EGX as early as the first quarter of this year, local media reported<\/a> in December. The unconfirmed report suggested that the IPO would target major industry leaders from the region like the UAE\u2019s AD Ports and DP World through its private placement.<\/p>\n

Could Qatar be interested in snapping up a piece of the company? <\/strong>Qatar also has reportedly being eyeing<\/a> a majority stake in the company, alongside terminal operator Port Said Containers & Cargo Holding Company, for years now. <\/p>\n

AND- <\/strong>During his time in Qatar, Industry and Transport Minister Kamel El Wazir held a meeting<\/a> with the head of industrial at the Qatar Investment Authority Faisal bin Saoud Al Thani, where the two sides touched on the QIA potentially expanding its investments in Egypt, particularly in the industry and transport sectors. El Wazir proposed a number of potential investments in the transport sector \u2014 maritime transport, land transport, and ports. A delegation from the authority will visit Egypt \u201cas soon as possible\u201d to look into the proposed projects. <\/p>\n

Remember: <\/strong>Damietta Container and Cargo Handling got the green light to temporarily list<\/a> on the EGX back in 2022. The EGX gave the company a six-month window to meet the requirements to IPO on the exchange and obtain regulatory approvals ahead of its planned IPO, initially scheduled for 2023, but we are yet to see it happen.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company wants to increase its issued and paid-up capital to EGP 1.1 bn<\/p>\n","protected":false},"author":1,"featured_media":660390,"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":[7303],"tags":[102,72,78,145,1260,587],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-660389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-capital-markets","tag-capital-markets","tag-enterpriseam","tag-ipo-watch","tag-logistics","tag-mena-ipos","tag-state-privatization-program","wpautop","entry"],"acf":{"mongo_id":"59571de1-31ef-4c8e-be0c-ae93f00c1924","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/940.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering","related_issue":[660377],"teaser":"The company wants to increase its issued and paid-up capital to EGP 1.1 bn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.52fe8b86-1cb4-44c3-bbb3-3688b932dbe4.mp3"},"yoast_head":"\nDamietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering - 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\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering\" \/>\n<meta property=\"og:description\" content=\"The company wants to increase its issued and paid-up capital to EGP 1.1 bn\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-11T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.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\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering\",\"datePublished\":\"2025-02-11T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/\"},\"wordCount\":400,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1\",\"keywords\":[\"capital markets\",\"EnterpriseAM\",\"IPO watch\",\"logistics\",\"MENA IPOs\",\"state privatization program\"],\"articleSection\":[\"Capital markets\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/\",\"name\":\"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-02-11T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering\"}]},{\"@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":"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering - 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\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/","og_locale":"en_US","og_type":"article","og_title":"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering","og_description":"The company wants to increase its issued and paid-up capital to EGP 1.1 bn","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-02-11T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.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\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering","datePublished":"2025-02-11T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/"},"wordCount":400,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1","keywords":["capital markets","EnterpriseAM","IPO watch","logistics","MENA IPOs","state privatization program"],"articleSection":["Capital markets"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/","name":"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1","datePublished":"2025-02-11T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/damietta-container-and-cargo-handling-files-for-a-capital-hike-ahead-of-a-rumored-public-offering\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering"}]},{"@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\/2025\/2\/940.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/940.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\/2025\/2\/940.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":667845,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/06\/bonyan-to-kick-off-the-egxs-first-full-ipo-of-the-year-today\/","url_meta":{"origin":660389,"position":0},"title":"Bonyan to kick off the EGX\u2019s first full IPO of the year today","author":"enterpriseam admin","date":"6 July 2025","format":false,"excerpt":"The listing will offer up a 20\u201321.9% stake in the company through its retail and institutional tranches","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\/1898.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578396,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/27\/capital-markets-in-2022-it-just-wasnt-the-year-for-fresh-paper\/","url_meta":{"origin":660389,"position":1},"title":"Capital markets in 2022: It just wasn\u2019t the year for fresh paper","author":"enterpriseam admin","date":"27 December 2022","format":false,"excerpt":"Let\u2019s just say it outright: 2022 was not a great year for the EGX. Last year, we were cheering the fact that Egypt saw four IPOs \u2014 but we\u2019re ending 2022 on a less positive note, albeit not as bad as the zero we ended 2020 with.The two IPOs that\u2026","rel":"","context":"In "YEAR IN REVIEW: CAPITAL MARKETS"","block_context":{"text":"YEAR IN REVIEW: CAPITAL MARKETS","link":"https:\/\/enterpriseam.com\/egypt\/category\/year-in-review-capital-markets-3\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/548.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542727,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/one-step-closer-to-macros-ipo\/","url_meta":{"origin":660389,"position":2},"title":"One step closer to Macro\u2019s IPO","author":"enterpriseam admin","date":"13 January 2022","format":false,"excerpt":"Cosmeceuticals giant Macro Group\u2019s shares will be listed on the EGX today after receiving the blessing of the bourse\u2019s listing committee yesterday, according to an EGX statement (pdf) yesterday. The listing will pave the way for company\u2019s plan to offer up to 45.8% of its shares (which will trade under\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\/2022\/1\/152.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579240,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/31\/investment-banks-eye-terminal-operator-ipos-and-qatars-swf-is-looking-for-a-strategic-stake\/","url_meta":{"origin":660389,"position":3},"title":"Investment banks eye terminal operator IPOs \u2014 and Qatar\u2019s SWF is looking for a strategic stake","author":"enterpriseam admin","date":"31 January 2023","format":false,"excerpt":"A unit of Qatar\u2019s sovereign wealth fund is eyeing majority stakes in two state-owned terminal operators as investment bankers angle for IPO mandates in what could be the first sign so far this year of significant new activity in the Madbouly government\u2019s privatization program.The Qatar Investment Authority\u2019s Maha Capital has\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\/2023\/1\/536.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561006,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/22\/marseilia-plans-egx-upgrade-this-year\/","url_meta":{"origin":660389,"position":4},"title":"Marseilia plans EGX upgrade this year","author":"enterpriseam admin","date":"22 March 2021","format":false,"excerpt":"Real estate firm Marseilia Group plans to jump from the small-cap Nilex to the EGX before the end of this year, Vice President for Commercial Sector Affairs Mysarra Ashour told us. The company is currently working on completing the paperwork it needs for the upgrade to the main market, he\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572112,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/11\/speed-medical-will-acquire-city-labs-in-the-coming-months\/","url_meta":{"origin":660389,"position":5},"title":"Speed Medical will acquire City Labs in the coming months","author":"enterpriseam admin","date":"11 June 2020","format":false,"excerpt":"M&A WATCH- Speed Medical (SPMD) is set to acquire 100% of City Labs in the coming months once SPMD completes a EGP 220 mn capital increase and completes due diligence on City Lab, according to Hapi Journal. The two had already set up a joint venture, CitySpeed, in 2018. The\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/660389","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=660389"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/660389\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/660377"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/660390"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=660389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=660389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=660389"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=660389"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=660389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}