Latest in Tag: IPOs Highlight
Latest in Tag: IPOs
Market fluctuations obstruct IPOs of over $1bn: EFG Hermes CEO
Awad pointed to the demand for hedging in the region, highlighting the existence of preliminary proposals run by the company
IPO issues tackled during Capital Markets conference
A problem the market faces when holding an IPO, said Hany Genena, economist at Beltone Financial, is that in the mid-90s the government used to list and hold IPOs for companies when they were in debt.
Beltone Financial prepares IPOs worth more than EGP 10bn
The board of directors is considering to change the company’s name and the adaptation of a new strategy
Will new IPOs be the saviour of the capital market?
Despite holding major conferences to market the role of the EGX in raising capital, its Chairman Mohamed Omran has not been approached by new companies since the beginning of the year, neither state owned nor private
Egypt tripled domestic IPO in 2015: Backer & McKenzie
2015 witnessed the first cross-border IPOs by Egyptian issuers in the past five years
EGX provides EGP 20bn for listed companies since 30 June uprising
EGP 5bn volume of IPOs in 1H 2015, Omran says
20 companies list on EGX in FY 2014/2015
Companies raised total of EGP 5bn
20 companies listed on EGX with EGP 5bn capital since May 2014
Egypt’s stock market to launch second annual IPO summit
41.4% decrease in foreigners working in Egypt’s government sector: CAPMAS
Number of foreign workers in any facility and its branches is not permitted to exceed 10% of employee total
4 public petroleum companies to be listed on EGX
IPOs of first two companies to be within Q1 of 2016
Public companies’ IPOs will be through capital increase: Omran
Investors do not mind applied taxes, but seek a clear and simple mandate, EGX chairman said
Ministry of Supply studies listing FIHC in stock market
Ministry of Petroleum is also studying possibility of capital market listing
6 companies to have IPOs this fiscal year: EFG Hermes CEO
Food industry likely to be the first to have an IPO, says Karim Awad
State owned companies’ IPOs: Disguised privatisation or economic solution?
Egypt can revive privatisation, interim president Adly Mansour says
Consultations underway with public companies to increase capital, boost trading: EGX chairman
By Mohamed Ayyad Consultations are underway with a number of governmental companies to increase their capital in the market in an effort to boost trade volume amid the recent exit of several major companies, according to Egyptian Exchange (EGX) Chairman Mohamed Omran. Omran told the Daily News Egypt that the agreement is still underway to …
First IPOs summit sheds light on companies’ listings in stock market
In 2013, a total of nine companies were listed amounting to EGP 0.2bn
EGX continues sideways movement reflecting market uncertainty
The stock exchange’s main indicator, the EGX30, reflected ongoing instability in the market with a shaky day of trading Wednesday. A slight dip started the day, followed by an up-swing that lasted until midday before it closed at 5,668 points, losing 0.38 per cent of its value. The market has been sensitive to contradictory news …