Tag: IPO

Egyptian government prioritises banks in IPO program to boost stock market, revenues

Move aims to contribute to government's ambitious non-tax revenue target of EGP…

Fatma Salah Fatma Salah

Government fears losing control over state-owned companies amid IPO programme

Government withdrew from offering state-run transport companies: Source

Fatma Salah Fatma Salah

Government aims to raise $6.5bn from IPO programme in 2024: Finance Minister

The government is adopting balanced and cautious policies to cope with the…

Daily News Egypt Daily News Egypt

Minister of Finance says government IPO programme reaches $3.5bn in subscriptions

Minister of Finance Mohamed Maait stressed the need to strengthen multilateral cooperation…

Daily News Egypt Daily News Egypt

Government reduces its stakes in 61 companies for IPO programme

Egyptian government selects new companies from different sectors to sell their shares…

Fatma Salah Fatma Salah

Raya Holding to launch IPO for its IT subsidiary in 1H 2024

Hossam Hussein, CFO of Raya Holding for Financial Investments, said the company…

Mohamed Alaa El-Din Mohamed Alaa El-Din

EFG Hermes advises on ADES Holding’s $1.219bn IPO on Tadawul

EFG Hermes, a leading investment bank in Frontier and Emerging Markets (FEM),…

Fatma Salah Fatma Salah

Government IPO programme boosts Egypt’s stock market 

EGX30 expected to hit 17,800 points, says Moataz Ashmawy

Daily News Egypt Daily News Egypt

30% of Egyptian Drilling Company included in TSFE’s Pre-IPO Fund

Informed sources told Daily News Egypt (DNE) that the Egyptian General Petroleum…

Fatma Salah Fatma Salah