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), according to an emailed press release.
🇪🇬 Egyptian Exchange
30,248.44 -589.00 (-1.91%)EGX 30 INDEX | As of 19-Jun-2025
| 1M | 3M | YTD | 1Y | 2Y |
| -3.53% | -3.51% | +1.71% | +14.50% | +68.15% |
| Value Traded (Mln EGP) 4,450.91 | Volume 954,941,592 |
| Transactions 92,352 | Market Cap. (Bln EGP) 2,240.84 |
19-Jun-2025
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Egypt has postponed the launch of its financial derivatives market until the second quarter (Q2) of 2025, Vice Chairman of the Financial Regulatory Authority (FRA) Islam Azzam told Asharq Business.
The Egyptian government will unveil its initial public offering (IPO) plan for three to four companies affiliated with the Armed Forces next week, Prime Minister Mostafa Madbouly announced in a press conference.
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), according to anonymous sources cited by Al Mal News.
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