Private-Equity News
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Egypt's Sarwa Capital exposed to IPO "irregularities"
Beltone managed the IPO of Sarwa Capital, which began trading on the Egyptian stock exchange last month.
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Egypt’s stock exchange increases by LE4.5 billion
Egypt’s benchmark index (EGX 30) increased by 0.61 percent, standing at 13.145 points.
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Egypt keeps customs exchange rate at EGP 16 per $1 in November
The country has kept its customs exchange rate at EGP 16 since October 2017.
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Delayed state offering stalls Egypt's surging share sales
Egypt hopes the sales will raise badly needed funds for the state and boost the private sector as the country implements austerity measures.
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Egypt to weigh local-currency bond on international market
While investors would purchase the bonds in dollars, the principal and interest would be payable in Egyptian pounds, which means the buyer bears rate.
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Egypt prepares for London Stock Exchange
Kamel said that the traditional form of the Egyptian pavilion usually established in previous similar events has changed completely.
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Egypt's Hassan Allam to list shares on the Egyptian Exchange and GDRs on the London Stock Exchange
The Selling Shareholders include the Hassan Allam family which collectively owns an 86.2% stake in the Company.
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Egypt cancels auction of 5- and 10-year treasury bonds
Three previous T-bond auctions had been cancelled after bankers and investors demanded high yields on the debt.
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Egypt’s market capital losses reach LE64 billion
Egypt’s benchmark index (EGX 30) fell by 3.8 per cent, standing at 14,098 points.
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Egypt stock market to move sideways
Investors likely to start fresh selloff streak awaiting new stimulus.
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Egypt's finance ministry auctions EGP 16.2 bln in T-bonds
The ministry of finance said it sold EGP 8.250 billion of 91-days T-bills with an average interest rate of 19.179%.
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Sarwa Capital reveals IPO plans on Egyptian Exchange
Sarwa Capital, the leading provider of consumer and structured finance solutions in Egypt, targets launching an initial public offering on the EGX.
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Lockton officially begins operations in Egyptian market
The US-based Lockton Companies Inc, an insurance brokerage firm, announced it has officially began its operations in the Egyptian market.
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Market Capitalization gains LE 149.3B during Q1 of 2018c
In March, market capitalization gained LE 81.89 billion, ending the month at LE 974.18 billion.
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EGX’s chairman calls firms to diversify finance
Farid explained that the stock market is a strategic financing platform for direct investment companies in a sustainable manner.
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Egypt to issue next Eurobonds on Luxembourg stock exchange in April
This came as a response to the requests of the investment banks during the latest Eurobond issuance.
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Average yields on Egypt's 10-year bonds jump almost 100 bp
The 10-year bond rose to 14.800 percent from 13.871 percent at the last auction.
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Winners rise in Cairo stocks as Egypt starts to cut rates
Companies will benefit from access to cheaper credit in the Arab world’s most-populous country.
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The new Capital Market Law in 10 points
Egypt’s parliament ratified the amendments of the Capital market law that aims to increase competitiveness and create an inclusive economic climate.
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Average yields rise on Egypt's 3- and 9-month T-bills
Appetite for Egypt’s domestic debt has grown since the central bank floated the pound currency a year ago.