EFG Hermes, the investment banking arm of EFG Holding, has successfully advised on the $333 million initial public offering (IPO) of Asyad Shipping Company on the Muscat Stock Exchange (MSX).

EFG Hermes, the investment banking arm of EFG Holding, has successfully completed its advisory role on the $163 million initial public offering (IPO) of Alpha Data on the Abu Dhabi Securities Exchange (ADX).

Egypt-based real estate investment firm Bonyan achieved net profits valued at nearly EGP 3 billion in 2024.

Bonyan, an independent real estate investment company, has appointed Baker Tilly as its independent financial advisor to assess the fair value of its shares in preparation for its anticipated initial public offering (IPO) on the Egyptian Exchange (EGX).

Three new companies, including Bonyan, have recently requested to list their shares on the Egyptian Exchange (EGX)

The Egyptian Exchange (EGX) is set to list a major private-sector real estate company this month.

EFG Hermes has completed its advisory role on the initial public offering (IPO) of Nice One Beauty.

EFG Hermes has concluded its advisory on Almoosa Healthcare Company’s $449 million initial public offering (IPO) on the Saudi Exchange.

The EGX Listing Committee approved Korra Energi’s temporary listing of 2.25 billion shares at a nominal value of EGP 0.20 per share.

CI Capital has successfully completed its advisory on the EGP 4.57 billion initial public offering (IPO) of The United Bank on the Egyptian Exchange (EGX).

EFG Hermes, an investment bank and a subsidiary of EFG Holding, has completed its advisory on the $2 billion initial public offering (IPO) of Talabat Holding on the Dubai Financial Market (DFM).

Some investment banks are conducting fresh evaluations of the state-run fuel retailer Wataniya and the military-owned National Company for Producing and Bottling Water (Safi) in preparation for initial public offerings (IPOs) on the Egyptian Exchange (EGX) in the first quarter (Q1) of 2025.

The Egyptian government is planning to offer stakes in Port Said Container and Cargo Handling Company (PSCCHC) and Damietta Container and Cargo Handling Company (DCHC) through initial public offerings (IPOs) on the Egyptian Exchange (EGX).

The Egyptian Exchange (EGX) announced the successful execution of the public and private offerings of The United Bank (UBEE) shares, involving 330 million shares, equivalent to 30% of the bank’s issued capital.

The public offering of the United Bank on the Egyptian Exchange (EGX) has been oversubscribed by 59 times.

The subscription period for investors in The United Bank’s initial public offering (IPO) begins on November 27th, and will remain open until December 3rd.

Subscription to the United Bank’s private offering on the Egyptian Exchange (EGX) has been oversubscribed by three times its allocated shares.

The private offering of The United Bank on the Egyptian Exchange (EGX) has been 1.06 times covered on its first day.

The Egyptian Exchange (EGX) has announced the dates for opening the Special Deals Market (OPR) to register buy and sell orders for The United Bank shares.

Al Ahly Sabbour Development is seeking to offer 20-25% of its shares on the Egyptian Exchange (EGX), with the selection of an offering advisor in early 2025.