Procedures in place to offer up 20 state-owned companies and Banque du Caire on IPOs

The Vice Chairman of the Egyptian Exchange (EGX) Mohamed Sabry said that as the receiving entity, the EGX aims to conduct initial public offerings (IPOs) for 20 state-owned companies shortly. Six of these companies have already applied for provisional listing, and the remaining companies are expected to apply next, Sabry added. He noted that the … The post Procedures in place to offer up 20 state-owned companies and Banque du Caire on IPOs appeared first on Egypt Independent.

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