TAQA Arabia to debut on EGX next Sunday

The Egyptian Financial Supervisory Authority (EFSA) agreed on Thursday to publish the report to allow the trade of TAQA Arabia shares on the Egyptian Exchange (EGX). The company’s cap is around 676.1 million Egyptian pounds.

The report listed total shares of the company’s capital of around 1.352 billion shares with a value of 50 piasters per share.

The fair value per share is 8.9 pounds, according to a report from an independent financial advisor.

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