IPO

Egypt announces its readiness for a new plan with the International Monetary Fund
Business

Egypt announces its readiness for a new plan with the International Monetary Fund

Egyptian Prime Minister Mostafa Madbouly said that discussions with the International Monetary Fund (IMF) have not stopped, and emphasized that…
Banque du Caire, Misr Insurance to be offered on stock exchange
Business

Banque du Caire, Misr Insurance to be offered on stock exchange

Companies offered on the stock exchange, including Banque du Caire and Misr Insurance company, will attract local and foreign investors,…
Egypt receives investor offers to buy Wataniya, Safi companies
Economy

Egypt receives investor offers to buy Wataniya, Safi companies

Egypt started receiving offers from investors to buy shares of Wataniya and Safi companies, affiliated to the National Service Projects…
Egypt hires banks for its debut sale of bonds denominated in US dollars
Economy

Egypt hires banks for its debut sale of bonds denominated in US dollars

Egypt has selected banks for its debut sale of Islamic bonds denominated in US dollars, a document showed, on Friday.…
Cabinet prepares for offering public companies’ shares on stock exchange
Business

Cabinet prepares for offering public companies’ shares on stock exchange

Prime Minister Mostafa Madbouly held a meeting on Monday to follow up the procedures for restructuring a number of public…
Abu Dhabi’s ADNOC weighs IPO of logistics and services unit next year- sources
Middle East

Abu Dhabi’s ADNOC weighs IPO of logistics and services unit next year- sources

DUBAI, Nov 21 (Reuters) – State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering…
Saudi Aramco gains 10% in debut to clinch top seat at $1.8T
Business

Saudi Aramco gains 10% in debut to clinch top seat at $1.8T

RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market…
Saudi Aramco starts trading after record $25.6 billion IPO
Economy

Saudi Aramco starts trading after record $25.6 billion IPO

RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco is listed and started trading on the Saudi Tadawul stock…
Saudi prince’s ambitions hinge on triumphant Aramco sale
Middle East

Saudi prince’s ambitions hinge on triumphant Aramco sale

RIYADH, Saudi Arabia (AP) — Saudi Arabia is expected to set a new record for the largest stock flotation in…
‘Crown jewel’ Aramco stirs loyal Saudi demand for giant IPO
Middle East

‘Crown jewel’ Aramco stirs loyal Saudi demand for giant IPO

RIYADH (Reuters) – From taxi drivers to clerics, Saudis clamoring to own part of state oil giant Aramco went online…
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