🇪🇬 Egyptian Exchange

Macro Group Pharma plans to go for an initial public offering (IPO) in the first quarter (Q1) or the second quarter (Q2) of 2021, becoming Egypt’s second IPO this year, Enterprise reported.

Listing Misr Life Company will not be ready for listing on the Egyptian Exchange (EGX) as part of the state privatization program before the end of 2021, public business sector minister Hisham Tawfik reportedly told Al Mal on March 1st.

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.