Healthcare provider Cleopatra to list on Egypt bourse by May-end: official

The Egyptian subsidiary of UAE-based Abraaj Group is scheduled for listing on Cairo bourse by the end of this May, said bourse chief Mohamed Omran on Tuesday.

Cleopatra Holding, the healthcare arm of the Emirati group in the North African nation, will complete its initial public offering prospectus in the next few days, the Egyptian top official added.

In April 2016, Cleopatra received permission to list its shares on the Egyptian bourse under the symbol CLHO.CA, with capital worth with 80 million Egyptian pounds ($9 million).

Egypt’s leading investment bank, EFG-Hermes, runs Cleopatra’s IPO.

Cleopatra Holding owns four hospitals in Egypt; Cleopatra Hospital, El-Shorouk Hospital, Cairo Medical Centre and Nile Badrawi Hospital.