Consumer healthcare giant IDH seen listing in Egypt bourse as early as this month

Egypt’s largest medical diagnostics company, Integrated Diagnostics Holding (IDH) could start its dual listing of ordinary shares on the Egyptian bourse (EGX) before the end of the first quarter of the year and possibly as early as this month.

The company has submitted its paperwork to the Egyptian Financial Regulatory Authority (FRA), according to local press.

IDH, which owns the Al Borg and Al Mokhtabar laboratory brands in Egypt and has a strong presence in Jordan, Sudan and Nigeria, had told Enterprise in December that it was looking to push through the dual listing in the first half of 2021.