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
UMS explained that the offering will help in providing sustainable liquidity to increase its capital and expansion
Delaying their initial IPO date in April, founder Ahmed El Nayeb said that the company is waiting for market conditions to improve before listing
The EGX recently organized a workshop to introduce and familiarize companies with IPOs and requirements for registration
