Egypt’s Pharos eyes running two IPOs on Cairo bourse in H2-2016

By Yomna Yasser On Jan 18, 2016

Egypt’s investment bank, Pharos Holding is working on two initial public offerings (IPOs) on Cairo bourse that are expected to complete in the second half of 2016, its chief executive Elwy Taymour said Monday.

The planned IPOs are in health and financial services sectors.

Moody’s: Egypt’s higher SME lending quota supports economy but endangers banks’ asset quality

CIB arranged offering $306 million securitization bonds in Egypt in 2015