Business

Egyptian fertiliser business MOPCO seeks Cairo listing

 Egypt's state-owned Misr Fertilizers Production Company (MOPCO) has applied for a listing on the Cairo stock exchange with capital of 2.3 billion Egyptian pounds ($302 million), a bourse statement said on Thursday.

The listing is part of a flurry of initial public offerings, mergers and rights issues that have boosted activity on the EGX , which had struggled to win investor confidence during four years of political and economic turmoil since the Arab Spring uprising.

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