Egypt approves updated Banque du Caire valuation ahead of potential IPO
A government committee unanimously approved on Thursday the methodology for an updated fair value study of Banque…
Browsing Tag
IPO programme
Egypt’s FRA to begin state IPO training on 26 July
Egypt's Financial Regulatory Authority (FRA) will launch a training programme next Sunday, 26 July, to help…
Egypt’s FRA launches training programme to prepare state firms for IPOs
Egypt's Financial Regulatory Authority (FRA) will launch an IPO readiness programme within two weeks to help…
Egypt’s PM sets end-2026 deadline for state IPO stake sales
Prime Minister Moustafa Madbouly directed on Thursday that state-owned companies slated for offerings on the…
EGX expands IPO programme with 6 new state firms – chairman
Egypt’s Egyptian Exchange (EGX) is expanding its initial public offering programme (IPO) with the addition of six…
Egypt reviews update to State Ownership Policy to boost private sector role
Egypt’s Prime Minister Moustafa Madbouly chaired a meeting on Monday of the Supreme Committee for the State…
Minister sees ‘unprecedented’ activity on Egyptian stock exchange
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib inaugurated on Tuesday the trading session to…
IFC reopens Egypt hub, seeks stronger investment ties
Egypt’s Minister of Planning and Economic Development Rania Al Mashat and the Managing Director of the…
Egypt’s PM orders roadmap govt. divestment plan
Prime Minister Mostafa Madbouly has instructed the development of a unified roadmap for the government’s IPO…
Egypt’s IPO programme nets $6b from 21 deals, PM reviews next phase
Egypt’s privatisation push has delivered 21 transactions worth $6 billion across 11 sectors to date, Prime Minister…
Egypt’s Sisi orders unified business tax, faster customs
Egyptian President Abdel Fattah El Sisi on Sunday ordered the replacement of various fees collected by government…
URGENT: Egypt’s PM denies Banque du Caire sale at $1b
Egypt’s Prime Minister Moustafa Madbouly has refuted recent reports of the sale of Banque du Caire, labeling them…
Egypt reviews progress on IPO programme
Egypt's Prime Minister Mostafa Madbouly on Tuesday reviewed the latest progress of the IPO programme during a…
Egypt’s PM follows up plans for sale of 2 military-owned companies shares
Egypt’s Prime Minister Moustafa Madbouly chaired on Sunday a high-level meeting to oversee the planned share of…
PM: Egypt to offer shares in six key state-owned companies next year
Egypt plans to list shares in five state-owned companies on the stock exchange within the first half of 2025, Prime…
Egypt announces sale of $5.6 billion worth of state-owned assets
Egypt has signed contracts to sell stakes in 14 state-owned assets worth a total of $5.6 billion as part of a…
Egypt’s new capital in initial talks to hire advisor for H1/2024 IPO
Administrative Capital for Urban Development (ACUD), the owner and developer of Egypt’s new capital, is in talks…
Egypt aims to raise $5 billion from sale of stakes in state firms by June-end: minister
Egypt aims to raise between $4 billion and $5 billion from the sale of stakes in state-owned companies by the end…
UAE’s Global Investment Holding buys 30% shares of Egypt’s Eastern Company
UAE’s Global Investment Holding Company has on Sunday signed an agreement to acquire 30 percent of shares in…
Egypt to sell state stakes in 3 firms in Q4, 3 more in Q1-2024
Egypt plans to offer shares in three of its state-owned companies on the stock exchange (EGX) in the fourth quarter…
Consortium including Talaat Moustafa subsidiary buys $700 mln stake in Egypt hotel holding…
A consortium that includes Egypt’s Talaat Moustafa Group Holding (TMG Holding) has bought a stake in a state-owned…
Egypt sells state stakes for $1.9 billion – PM
Egypt has sold stakes in some state-owned entities, said Prime Minister Moustafa Madbouly in a press conference on…
Egypt picks IFC as strategic advisor for asset monetisation scheme
Egypt has chosen the International Finance Corporation (IFC), the World Bank's investment arm, as its strategic…
Egypt to complete Misr Life Insurance share sale before H1-end: minister
Egypt plans to complete selling shares of Misr Life Insurance on the stock exchange or offering them to strategic…
Egypt to announce detailed plan for IPO programme next week – Cabinet
Egypt's Prime Minister Moustafa Madbouly said on Wednesday that government would announce a detailed plan for its…
Egypt’s stock exchange hopes to launch derivatives market by mid-year: chairman
Egypt’s stock exchange (EGX), the Middle East’s best performer last year, plans to launch a derivatives market by…
Egypt aims to raise $6 billion by June from share sale of state firms
Egypt seeks to raise up to $6 billion before the middle of next year by selling stakes in state-owned firms, the…
Egypt launches pre-IPO fund for state firms – minister
Egypt has launched a pre-IPO fund designed to hold public stakes and work with strategic investors ahead of public…
Egypt to list 10 state-owned companies before year-end: finance minister
Egypt is planning to offer shares in 10 state companies on the stock exchange before the end of the current year,…
Egypt postpones share sale of state firms until September – minister
Egypt has decided to postpone the planned offering of shares of some state firms on the stock exchange until…
Egypt’s anticipated biggest IPO to take place within two years – official
Egypt plans to sell stake in the state company behind its new capital city, Administrative Capital for Urban…
Egypt plans to resume stalled state-run IPO programme by year-end: minister
Egypt expects to restart a stalled IPO programme to list or sell additional stakes in over 20 state-owned companies…
Egypt to resume IPOs of state-run firms starting October – sources
Egypt’s government plans to resume its programme to sell stakes in state-run firms by the beginning of next…
Egypt’s Misr Insurance Holding signs deal to sell 25% of life arm in IPO
Egyptian state-owned Misr Insurance Holding (MIHC) signed on Thursday an agreement with NI Capital to start the…
Egypt’s NI Capital prepares IPOs of two government firms this year – CEO
NI Capital Holding Company expects to complete offering shares of two government-run firms within 2021 as part of…
Egypt puts state-companies stake sales on ice due to “unfavourable” market: minister
Egypt has shelved its plan to sell stakes in state-owned companies due to the “unfavorable” market conditions…
EFG Hermes aims to complete Egypt’s two state-run IPOs before year-end
Egypt’s EFG Hermes investment bank hopes to finalise the listing of state-owned Banque du Caire and Alexandria…
Egypt targets up to $5.8 billion from state IPOs – dep finmin
Egypt seeks to raise 100 billion Egyptian pounds ($5.8 billion) through initial public offerings (IPO) of…