FRA noted that it came to its decision after studying many international practices, after which they concluded that SPACs is a preferred method for many experienced founders and major shareholders
Capital markets play a key role in financing large, as well as small and medium-sized companies, explained MoICMin Al Mashat
Farid stated that the proposed amendments could unlock new horizons for startups with high growth prospects through expanding into the capital market
At the first forum of heads of African investment commissions, Farid told reporters that more initial public offerings (IPOs) are expected during the second half (H2) of the year
The adoption will take place provided that the new index will be launched within a matter of days, wrote an EGX statement
