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Egyptian Exchange

Platform connecting Africa’s exchange markets in works, EGX to see 4-5 new IPOs

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

EGX to adopt new Tamayoz methodology ahead of SME-centered index launch

The adoption will take place provided that the new index will be launched within a matter of days, wrote an EGX statement

Immigration Minister and EGX launch new campaign targeting Egyptians abroad

Aimed towards educating Egyptians abroad how to invest in the Egyptian stock market and capital market, the campaign is part of a cooperation protocol between the two entities

Stated owned UMS announces possible EGX listing of up to 30%

UMS explained that the offering will help in providing sustainable liquidity to increase its capital and expansion

Macro Group snags EFG Hermes for upcoming IPO

Delaying their initial IPO date in April, founder Ahmed El Nayeb said that the company is waiting for market conditions to improve before listing