Orascom acquires all shares of Nile Sugar with total value of EGP3.5bln
Orascom Investment Holding (OIH)'s board of directors approves acquiring all the outstanding shares of Nile Sugar…
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3 private firms to finish offering procedures by 2019 end: EGX Chairman
Three private companies are set to be listed in the Egyptian Exchange before the end of 2019, Chairman of EGX…
Egyptian Cabinet approves consumer finance law
The Egyptian cabinet approved consumer finance law drafted by The Egyptian Financial Supervisory Authority.
Egypt’s Beltone Financial assets under management rise 37%
Beltone Financial, the Egyptian investment bank owned by billionaire Naguib Sawiris, recorded a 37 percent annual…
Egypt IPOs raise $290.3 mln in 9 months – bourse chief
Initial public offerings in Egypt have raised 5.2 billion Egyptian pounds ($290.3 million) during the first nine…
Sarwa Capital gets regulatory approval for Cairo IPO
Egypt’s Sarwa Capital obtained regulatory approval on Tuesday to place 47.2 percent of its shares in an initial…
Egypt to name banks for 30% listing of Alex Cont mid-Oct
Egypt plans to pick the investment banks to manage the secondary offering for a 30 percent stake in state-run firm…
NI Capital picks legal adviser for Egypt state AMOC’s offering before mid-Oct.
State financial institution NI Capital will name sooner than mid-October the legal adviser for Alexandria Mineral…
Egypt expects IPOs of five state firms to raise up to $1.4 bln
Egypt is seeking to start floating shares in five state-owned companies soon to raise up to 25 billion Egyptian…
Net foreign contributions to Egypt’s bourse $582 mln since start of 2018
Net foreign contributions to the Egyptian stock market reached 10.404 billion Egyptian pounds ($582 million) since…