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.
🇪🇬 Egyptian Exchange
30,248.44 -589.00 (-1.91%)EGX 30 INDEX | As of 19-Jun-2025
| 1M | 3M | YTD | 1Y | 2Y |
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| 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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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.
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, as per a disclosure.
The public offering of the United Bank on the Egyptian Exchange (EGX) has been oversubscribed by 59 times, as per an EGX announcement on December 3rd.
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