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" public offering"

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Business - Economy
5/1/2024 6:06:15 PM
The Administrative Capital for Urban Development (ACUD) is scheduled to name an international initial public offering (IPO) advisor during the third quarter of 2024 (July-September), company CEO Khaled Abbas told CNBC on Wednesday.

Business - Economy
1/14/2024 8:56:58 PM
Egypt's Initial Public Offering (IPO) programme, which commenced in February 2023, has attracted $3.5 billion in investments so far, Minister of Finance Mohamed Maait said on Sunday.

Business - Economy
12/14/2023 3:14:17 PM
The International Finance Corporation (IFC), one of the financial arms of the World Bank Group, was appointed in June as a strategic advisor for the Egyptian government’s Initial Public Offering (IPO) to provide advisory services for Egypt's privatisation programme.

Business - Markets & Companies
12/10/2023 7:13:57 PM
Administrative Capital for Urban Development (ACUD), the operator of Egypt’s new capital, signed an agreement with JOBMASTER for Human Capital Solutions to restructure the company in preparation for the initial public offering (IPO) on the Egyptian Exchange (EGX) and global stock markets, according to a statement on Sunday.

Business - Economy
7/13/2023 7:02:37 PM
The International Monetary Fund (IMF) has welcomed recently steps by the Egyptian government to push forward the Initial Public Offering (IPO) Programme, boosting the private sector and tackling its dollar shortage.

Business - Economy
7/11/2023 7:27:22 PM
Egypt has signed contracts with the private sector to sell state-owned entities worth $1.9 billion under the Initial Public Offering (IPO) programme which the country adopted earlier this year.

Business - Economy
7/11/2023 7:17:11 PM
Prime Minister Mostafa Madbouly announced on Tuesday that Egypt has signed contracts with the private sector to sell state-owned entities worth $1.9 billion under the Initial Public Offering (IPO) programme which the country adopted earlier this year.

Business - Economy
7/10/2023 6:12:07 PM
Egypt’s Prime Minister Mostafa Madbouly will hold a press briefing on Tuesday to reveal the progress the government has made on its privatization programme, including the initial public offering (IPO) programme.

Business - Economy
6/19/2023 8:19:01 PM
The Egyptian government signed on Sunday an agreement with the International Financial Corporation (IFC), the financial arm of the World Bank, to provide advisory services for its initial public offerings (IPOs) programme for state-owned companies.

Business - Economy
5/14/2023 2:59:05 PM
Fitch Solutions said that the fourth Egyptian pound devaluation will occur in the context of progress on the divestment strategy Egypt is enacting. Egypt is currently working on reducing the government footprint in the economic activity for the private sector; chiefly through its initial public offering (IPO) and privatization programmes.

Business - Economy
4/30/2023 6:00:00 AM
Egypt's Prime Minister Mostafa Madbouly announced on Saturday that over 10 military-affiliated companies would soon be listed for investors as part of its ongoing initial public offering (IPO) programme.

Business - Economy
3/27/2023 5:51:52 PM
Egypt has recently taken concrete steps towards the investment opportunities it offers for strategic investors or under the government’s initial public offering (IPO) programme, through which 32 state-owned companies are promoted to be tapped.

Business - Economy
3/16/2023 12:11:52 PM
Egypt is considering the addition of eight state-owned companies to its 32 companies that will be listed under the government’s initial public offering (IPO) programme or offered for strategic investors, Minister of Finance Mohamed Maait said on Wednesday.

Business - Energy
3/13/2023 1:49:19 PM
Shares in the United Arab Emirates' ADNOC Gas rose 19 percent in their first day of trading on Monday in a $2.5 billion initial public offering that aims to tap into growing demand for the fuel.

Business - Economy
3/7/2023 10:09:33 PM
Ayman Soliman, the CEO of The Sovereign Fund of Egypt (TSFE), said Egypt could attract $4 billion from the Cooperation Council for the Arab States of the Gulf (GCC) market after resuming the initial public offering (IPO) programme this year.

Business - Energy
2/23/2023 12:40:59 PM
State-owned UAE energy firm ADNOC Gas announced a price range on Thursday for an initial public offering it hopes will raise $2 billion, in what would be this year's biggest share flotation so far.

Business - Economy
2/8/2023 1:50:02 PM
Egypt intends to initiate the first stage of the initial public offering (IPO) programme under its new loan agreement with the International Monetary Fund (IMF) in March before the completion of the programme's first review, a source close to the cabinet’s discussions told Ahram Online.

Business - Economy
7/21/2022 1:25:51 PM
Egypt’s cabinet has approved in its weekly Wednesday meeting preparing two national companies for their stakes to be offered for sale on the Egyptian Exchange (EGX).

Business - Markets & Companies
2/13/2022 4:53:00 PM
Egypt's President Abdel-Fattah El-Sisi instructed the government on Sunday to continue to launch more Initial Public Offerings (IPOs) of state-owned companies to increase the ownership base at the Egyptian Stock of Exchange (EGX) and lure direct investments.

Egypt - Politics
2/1/2022 10:50:51 PM
Egypt targets to list more state-run companies on the Egyptian Stock Exchange (EGX), including a number of the country's Armed Forces affiliated companies during 2022, a cabinet statement said on Tuesday, as part of the country's goal to launch more initial public offerings (IPOs) of public companies.

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