Featured Oman plans IPO for state-owned logistics company Aya Anwar Mar 18, 2024 0 The Oman Investment Authority (OIA) is in the process of planning an initial public offering (IPO) for Asyad Group,…
MENA News S. Arabia’s MMC plans to sell 30% stake in IPO Nada Ali Feb 7, 2024 0 Saudi Arabia's Modern Mills for Food Products Co. (MMC) intends to sell a 30 per cent stake in an initial public…
Tech/AI ADNOC plans to list 15% stake in logistics unit IPO Nada Ali May 10, 2023 0 Abu Dhabi's main energy company ADNOC announced on Wednesday its plans to list 15 percent of its logistics and…
Featured Macro Group delays Egypt IPO plans Amwal Al Ghad English Apr 12, 2021 0 Macro Group, one of the largest and the fastest growing cosmeceutical companies in Egypt, is delaying its planned…
Featured Egypt’s TAQA Arabia IPO may be delayed to beyond Q1-2022 Amwal Al Ghad English Jan 27, 2021 0 TAQA Arabia plans to delay its planned initial public offering (IPO) on Egypt’s stock market (EGX) to at least for…
Featured Egypt’s Giza Spinning delays IPO until Q1-2022 amid coronavirus jitters Amwal Al Ghad English Jan 19, 2021 0 Egyptian textiles company Giza Spinning and Weaving is delaying plans for an initial public offering (IPO) until at…
Featured Coronavirus outbreak drives Egypt to delay state IPO plan Islam Salah & Gehad Abdelghany Mar 23, 2020 0 Egypt will postpone its planned government initial public offering programme, which includes dozens of state-owned…
Featured Fourteen Egyptian companies aiming for IPOs in 2020 – bourse head Islam Salah & Gehad Abdelghany Dec 31, 2019 0 Fourteen Egyptian companies are aiming to launch initial public offerings (IPOs) within 2020, the country’s stock…
Stocks OPEC supply cut not intentionally timed for Saudi Aramco listing: energy minister Amwal Al Ghad English Dec 8, 2019 0 Saudi Energy Minister Prince Abdulaziz bin Salman told CNBC on Friday that an agreement to further cut global oil…
Arab Saudi Aramco to IPO 1% of shares to individual investors Amwal Al Ghad English Nov 10, 2019 0 Saudi Aramco plans to sell up to 0.5 percent of its shares to individual investors in what could be described as…
Money Egypt’s EFG Hermes among banks on list for Saudi Aramco’s IPO Amwal Al Ghad English Sep 28, 2019 0 Egypt's EFG Hermes is among banks that have secured bookrunner roles on Saudi Aramco’s initial public offering,…
Featured Egyptian transport start-up Swvl plans IPO in 5-10 years Nayera Eid Sep 16, 2019 0 Egyptian transport technology start-up Swvl is planning an initial public offering on one of the stock exchanges in…
Featured Fawry IPO makes August – happy month for Egypt stock market Islam salah Sep 1, 2019 0 Egypt’s stock exchange (EGX) ended August on high note powered by the successful initial public offering of digital…
Featured Egypt’s EGX sees IPO of private company before year-end Amwal Al Ghad English Aug 19, 2019 0 Shares in a private company are expected to be offered on the Egyptian stock exchange (EGX) before the end of the…
Featured Egyptian digital payments company Fawry stock surges 31% at debut Amwal Al Ghad English Aug 8, 2019 0 Shares of Fawry, an Egyptian digital bill payments company, soared nearly 31.3 percent in their public trading…
Featured Egypt’s e-Finance heading for Cairo IPO in September Islam salah Aug 6, 2019 0 Egypt’s financial institutions operation company e-Finance is set to list in the Cairo stock exchange in September,…
Featured Egypt’s e-Finance recruits ZH&P for 2020 IPO Gehad Abdelghany Jul 30, 2019 0 Egypt's financial institutions operation company e-Finance has appointed local law firm Zaki Hashem & Partners…
Featured Egypt’s Fawry unveils IPO but no details of price, size, timing Nayera Eid Jul 10, 2019 0 Egyptian digital bill payments company Fawry has selected EFG Hermes to lead its public offering, but no details of…
Money Afreximbank to offer some shares in stock market listing – president Amwal Al Ghad English Jun 22, 2019 0 The African Export-Import Bank (Afreximbank) plans to sell some of its shares in an initial public offering (IPO)…
World EFG Hermes completes Finablr’s London IPO Gehad Abdelghany May 15, 2019 0 Egyptian investment bank EFG Hermes said on Wednesday it had concluded UAE-based payments and foreign exchange…
Featured Egypt signs deal with CI Capital-led group for ENPPI’s IPO Amwal Al Ghad English Oct 8, 2018 0 Egypt has signed an agreement with three banks to manage the sale of a 24 percent stake in state-owned oil company…
Arab Oil giant Aramco IPO to happen early 2021: Saudi crown prince Amwal Al Ghad English Oct 8, 2018 0 Saudi Arabia's crown prince says the stock market debut for the kingdom's oil giant Aramco will go forward by early…
EGX Sarwa Capital gets regulatory approval for Cairo IPO Islam salah Oct 2, 2018 0 Egypt’s Sarwa Capital obtained regulatory approval on Tuesday to place 47.2 percent of its shares in an initial…
Featured Egypt expects IPOs of five state firms to raise up to $1.4 bln Islam salah Sep 4, 2018 0 Egypt is seeking to start floating shares in five state-owned companies soon to raise up to 25 billion Egyptian…
Featured Sisi: Egypt to sell shares in state-owned cement firms Amwal Al Ghad English Aug 15, 2018 0 Egypt is looking to sell shares in some state-owned cement firms in the coming period in the latest step to revive…
Featured Egyptian retailer HyperOne plans IPO in late 2019 Amwal Al Ghad English Aug 1, 2018 0 Egyptian retailer HyperOne is planning an initial public offering at the end of 2019, chairman of parent company…
Featured Egypt expects to start IPO programme in Q4 – minister Amwal Al Ghad English Jul 5, 2018 0 Egypt will start its initial public offering programme for some state-owned firms during the fourth quarter of this…
Financial Institutions Egypt expects Misr Insurance IPO before year-end: minister Amwal Al Ghad English Jun 13, 2018 0 Egyptian state-owned Misr Insurance Holding is expected to hold before the end of this year an IPO for its unit…
Featured ZH&P to advise Egypt ENPPI on first state-run IPO – sources Islam salah May 23, 2018 0 Egypt’s state oil firm ENPPI is expected to appoint local law firm Zaki Hashem & Partners (ZH&P) as legal…
EGX State-run ENPPI to sell 24% stake in Cairo stock market: minister Yomna Yasser Apr 19, 2018 0 Egypt’s state-owned oil firm ENPPI will sell up to 15 percent of its shares in an initial public offering on the…
EGX Egypt expects IPO of state-owned oil company ENPPI in H1: bourse chief Yomna Yasser Jan 9, 2018 0 Egypt expects an initial public offering of state-owned oil company ENPPI during the first half of the current…
EGX Egypt’s Al Tawfeek Leasing says IPO to run Dec.19-24 Yomna Yasser Dec 17, 2017 0 Egypt’s Al Tawfeek Leasing (A.T. LEASE) will start an initial public offering (IPO) on December 19, the firm said…
Financial Institutions Morgan Stanley bullish on China’s ‘new economy with scale’ Yomna Yasser Nov 15, 2017 0 Morgan Stanley says it is bullish on its business in China as initial public offering activity there picked up…
EGX Al Tawfeek Leasing plans to sell more shares in Egypt IPO Yomna Yasser Nov 11, 2017 0 Egypt’s Al Tawfeek Leasing (A.T. LEASE) plans to sell larger stake in its anticipated initial public offering on…
USA Trump selects Saudi Aramco to list IPO stock on NYSE Yomna Yasser Nov 5, 2017 0 Saudi Aramco has just got a high-profile pitch for its upcoming initial public offering. It came from the U.S.…
Arab Saudi Aramco’s IPO is on track for 2018; says Saudi crown prince Yomna Yasser Oct 26, 2017 0 Saudi Aramco's initial public offering is on track for 2018, and the national oil giant could be valued at more…
Arab Deutsche Bank says ‘no reason to doubt’ Saudi Aramco IPO is on track for 2018 Yomna Yasser Oct 24, 2017 0 The absence of Jamie Dimon from Saudi Arabia's Future Investment Summit should not be seen as a signal that Saudi…
EGX Home appliance maker Unionaire plans Egypt, Europe IPO in H1-2018 Yomna Yasser Oct 18, 2017 0 Egyptian home appliances maker Unionaire Group plans for public offering in Egypt and Europe in the first half of…
Arab Saudi Aramco asks FTI Consulting to suspend IPO investor relations work Yomna Yasser Oct 17, 2017 0 State-owned Saudi Aramco has asked FTI Consulting to halt its investor relations advisory work related to the oil…
Industry & Trade Saudi Aramco mulls shelving international IPO Yomna Yasser Oct 14, 2017 0 Saudi Aramco is studying selling shares privately rather than list them publicly, the Financial Times reported on…