Latest in Tag: IPO Highlight
Latest in Tag: IPO
Emaar Misr boosts net sales by 20% in H1 of 2015
Real estate developer scored net sales of EGP 3.91bn in first half of current year
EGP 48.7bn traded on EGX in Q4 of FY 2014/2015
Egyptians control 80.94% of value traded during quarter, non-Arab foreign investors accounted for 13.17%, Arab investors captured 5.89%
Emaar Misr Board approve capital rise by EGP 600m
Firm’s current issued capital evaluated at EGP 4.019bn, set to reach EGP 4.619bn with increase
52 million subscriptions in Emaar Misr’s IPO
Subscriptions phase started on 16 June, will last until 25 June
Edita’s IPO 4.5 times oversubscribed
Offer price was set at EGP 18.50 per share
EFG Hermes reports highest net profit since 2010
Investment bank operates in eight Arab countries
Actis wins Africa and Infrastructure firm of the year
The awards had an exceptionally strong turnout this year with over 35,000 votes cast by investors
Availability of fuel, obtaining licences challenges facing Arabian Cement in Egypt: CEO
Jose Maria Magrina asks government to promptly consider and resolve issues and complaints of existing investors in Egypt
OHD offers 15% of stocks at EGP 506m
33m stocks were offered by the company
Saudi Arabian firm investing in Suez Canal targets EGP 300bn in capital: Sheikh Kamel
Egyptian government looks to solve problems with Saudi investors
Capital market sheds over EGP 14bn
Egyptian markets influenced by losses in the international and Arabian capital markets
Edita Food Industries to go for new IPO: Actis partner
Mark Richards could not provide details on the value and the timing of the IPO
Orascom construction IPO expected during the first half of 2015: Company official
Company has not decided country for initial IPO yet
Euromoney Conference: New IPOs to revive stock market
Opportunities in petrochemical, real estate, and start-up companies
Capital market eager to present exchange traded funds (ETF) to investors: EGX chairman
Infrastructure, telecommunication and real estate show stock market promise
60% of Suez Canal Holding put to IPO in 2 months: Oriental Weavers founder
Consultations between Investors Union, Exchange chairman and Suez Canal Authority head taking place to conclude procedures
MOPCO to be listed in capital market early 2015: Company chairman
Chemicals company to launch IPO following completion of expansion projects
Egypt’s Arabian Cement Company shares to start trading on Sunday
Arabian Cement’s initial public share offer was 18.5 times oversubscribed, an official at CI Capital, who advised Arabian Cement Company on their IPO alongside EFG-Hermes
Domty secures 3 consulting offers to study listing in EGX: Company chairman
The company plans to float 30% of its shares in an initial public offering within two years
Arabian Cement aims to raise $100m with its IPO: EFG Hermes CEO
Company will announced IPO price next week
Petroleum ministry prepares bourse listing of new petrochemicals companies
By Muhammad Adel After amending the listing rules of companies in the Egyptian stock exchange, the Ministry of Petroleum is preparing an initial public offering (IPO) of new petrochemicals companies, said Samir Azer undersecretary of the Ministry of Finance. Following a meeting between Minister of Petroleum Sherif Ismail and chairman of EGX Mohamed Omran, the …
Egypt’s Arabian Cement to announce IPO price on 10 May
Reuters – Egypt’s Arabian Cement Company has set an indicative price range for its planned stock market listing at between EGP 8.45 and EGP 9.55 ($1.37), with trading to begin on or around 21 May, Chief Executive Jose Maria Magrina said on Monday. The deadline for buying orders will be on 8 May for private …
Saudi Arabia’s NCB plans capital hike before IPO
Reuters – National Commercial Bank, Saudi Arabia’s biggest bank by assets, plans to boost its capital by SAR 5bn ($1.3bn) through conversion of its retained earnings into capital, it said in an emailed statement on Tuesday. The announcement comes one month after the Saudi government said it planned to float 15% of the state-owned bank …
Etisalat’s Egyptian unit considers stock market listing
The last major IPO on the Egyptian exchange was in 2010.
Technology IPOs pickup in Q3 2013
Back-to-school season helps push technology companies’ IPOs up.
Twitter set to make a splash on Wall Street
The company will trade under the “TWTR” symbol on the New York Stock Exchange, breaking from the Nasdaq market used by a large number of tech companies.
Twitter IPO will be hot but with risks
This suggests a market value of some $15bn for the initial public offering (IPO), PrivCo says, using a “conservative” pricing at 30 times its annual revenue.
New sukuk projects awaiting bids
Finance Ministry advisor: Sukuk not affected by Egypt’s recent credit downgrading
Standard Chartered searches for new opportunities in Egypt
UK based bank has made previous attempts to enter Egyptian market by way of purchasing local banks
Telecom Egypt IPO raises $892 million, valued at $4.6 billion
Telecom Egypt (TE) raised LE 5. 132 billion ($892 million) from its initial public offering, valuing the company at $4. 6 billion on the London and Cairo exchanges where it will begin trade next week, it said on Thursday.
