China International Capital Corp (CICC) is implementing a major cost-cutting measure by slashing the base pay of …
IPO market
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FeatureInternational NewsNewsStocksWorld
China plans to strengthen inspections on firms planning IPOs
by Nada Aliby Nada AliChina’s top securities regulator will increase inspections on firms preparing for IPOs this year to enhance supervision …
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FeatureInternational NewsNewsStocksWorld
Chinese authorities push Syngenta to withdraw $9b Shanghai IPO on market volatility
by Nada Aliby Nada AliChinese authorities influenced Syngenta to withdraw its $9 billion IPO application in Shanghai due to concerns about …
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BanksEGXEgypt NewsFeatureFinancial InstitutionsMoneyNewsReal EstateStocks
Egypt’s new capital in initial talks to hire advisor for H1/2024 IPO
by Yomna Yasserby Yomna YasserAdministrative Capital for Urban Development (ACUD), the owner and developer of Egypt’s new capital, is in talks …
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Egypt plans to offer shares in three of its state-owned companies on the stock exchange (EGX) in …
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BanksFeatureFinancial InstitutionsIndustry & TradeMoneyTech/AI
Egypt picks IFC as strategic advisor for asset monetisation scheme
by Yomna Yasserby Yomna YasserEgypt has chosen the International Finance Corporation (IFC), the World Bank’s investment arm, as its strategic advisor …
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EGXFeatureFinancial InstitutionsMoneyStocks
Egypt to complete Misr Life Insurance share sale before H1-end: minister
by Sanaa Allamby Sanaa AllamEgypt plans to complete selling shares of Misr Life Insurance on the stock exchange or offering them …
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EGXFeatureMoneyReal EstateStocks
Egypt’s anticipated biggest IPO to take place within two years – official
by Marwa himdanby Marwa himdanEgypt plans to sell stake in the state company behind its new capital city, Administrative Capital for …
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Tech news
Dell SecureWorks, 2016’s first tech IPO, fizzles on Wall Street
by Ghada Ismailby Ghada IsmailThe lackluster market debut of SecureWorks Corp, the cyber unit of Dell Inc, failed to rally the …
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Saudi Prince Alwaleed Bin Talal Abdulaziz Alsaud, The head of the Kingdom Holding Company (KHC), said his …