
Al-Abd Group aims to debut on NILEX in H1 2021
Company’s capital currently stands at about EGP 90m
Company’s capital currently stands at about EGP 90m
The IPO will take place within a month after getting the FRA’s approval in December, chairperson at Eagle Advisors says
Omar Maghawry, CEO and managing partner of FEP Capital, has proposed splitting Nile Stock Exchange (NILEX) from the Egyptian Exchange (EGX) as a stand-alone company to spur greater initial public offerings IPOs and achieve better results. Maghawry, who was speaking on the sideline of the 21st Annual General Meeting and Flagship Conference of the African …
Financial Group maintained its dominance over the brokerage firms in June, with a total volume of EGP 4.99bn, representing a market share of 15.4%. It took the lead in the main market excluding deals and deals market, as well as institutions’, Arabs’, and foreigners’ transactions. The Commercial International Brokerage competed over the second place with …
The decision is in line with the president’s amendment of the regulating controls of EGX: Omran
Small and medium-sized enterprises (SMEs) have aided Egypt’s economic recovery, but there is still room for improvement, says report by Oxford Business Group
FEP Capital, the private Equity, investment Banking and consultancy company, the most recent investment bank working in Egypt, has announced the signing of a sponsorship contract with the Nahr El-Kheir Company for Agricultural Development and Investment and Environmental Services, in order to register the latter in Nile Stock Exchange (NILEX). The step aims to promote …
Catalyst Partners, Sigma Capital promote to launch IPO for 27.6% of MB Engineering shares valued at EGP 32.8m, says managing directoR
Companies face difficulties during the evaluation process as EFSA does not have a metric to evaluate subsystems of integrated IT systems in determining the value of shares
Political, economic turmoil in last five years caused low turnout on NILEX
FEP, which is owned by Egyptian and Gulf investors, has great confidence in the Egyptian economy and the performance of the Egyptian Stock Exchange (EGX) in the upcoming period, Al-Shahin said in a statement to MENA.
Omran cautions that economic indicators are still marred by persistent unemployment, debt, budget deficit, and inflation
Stockbrokers attribute the drop to Orascom’s recent refusal to go public
Main indices jumped more than 1.7%
Mohamed Omran, Chairman of the Egyptian Stock Exchange, issued a decision for rules governing mentoring companies for small and medium sized enterprises (SMEs). The decision included rules for mentoring as well as measures to be taken in the case of violations. The first article of the decision obligated companies wishing to offer mentoring services to …