Cairo Oils and Soap (COSG) submitted a request to the Egyptian Exchange (EGX) to split its stock nominal value to EGP 0.50 from EGP 5, according to a statement by the EGX.

Taaleem Management Services Company, a subsidiary of the listed CI Capital, is expected to carry out the initial public offering (IPO) in March, Al Borsa News cited well-informed sources on February 18th.

Shares of newly split Orascom Financial Holdings (OFH) will begin trading on the Egyptian Exchange (EGX) on February 17th, becoming the final step of its split from  Orascom Investment Holding (OIH), according to a recent statement.

The Egyptian Exchange’s (EGX) approved the listing of the shares of Orascom Investment Holding (OIH) after slashing the authorized capital to EGP 2.88 billion from EGP 22 billion following the demerger, according to a disclosure on February 16th.