Go Bus to list 30% stake on EGX within 2 years

Updated 5/26/2024 2:19:00 PM
Go Bus to list 30% stake on EGX within 2 years

Arab Finance: Go Bus Egypt is planning to list 30% of its shares on the Egyptian Exchange (EGX) within two years, CEO Fady Nassif told Asharq Business on May 26th.

Nassif revealed that the company will kick off its business in Saudi Arabia next June or July through 100 buses, with initial investments of $5 billion, starting with the city of Riyadh.

Moreover, the firm will start its operations in Greece in early 2025, then it will expand to the UAE.

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