Egyptian digital bill payments company Fawry plans to float up to a 36 percent stake in an …
Listing
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Egypt’s financial institutions operation company e-Finance plans to list on the Cairo stock exchange in the fourth …
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Egypt has named HSBC as lead bank to manage a public offering for a 20 percent stake …
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Egyptian retailer HyperOne is planning an initial public offering at the end of 2019, chairman of parent …
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Chinese internet giant Tencent said it is planning to spin off its streaming music service on a …
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Egypt’s Holding Company for Chemical Industries (CIHC) will name next month an investment bank to help manage …
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Tech news
Careem Egypt acquires online restaurant listing platform to trial food delivery
by Yomna Yasserby Yomna YasserEgypt’s transportation app Careem said Sunday it had acquired RoundMenu and would start trialing food delivery services …
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Arab
Saudi Aramco CEO says studying New York, London, Tokyo, Hong Kong for listing
by Yomna Yasserby Yomna YasserSaudi Aramco’s chief executive announced Tuesday that domestic and international exchanges such as New York, London, Tokyo, …
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Industry & Trade
Saudi Arabia favours New York for Aramco’s foreign listing despite risks: sources
by Yomna Yasserby Yomna YasserSaudi Arabia is preferring New York for the main foreign listing of state oil giant Aramco, even …
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EGX
FEP Capital says lining up three new listings on Egypt SME bourse
by Yomna Yasserby Yomna YasserEgyptian investment bank FEP Capital said it is lining up share floatations for three or four firms …