}

MNT-Halan's private IPO tranche 11.2x oversubscribed

MNT-Halan has closed subscriptions for the private tranche of its initial public offering (IPO) on the Egyptian Exchange (EGX), with the tranche 11.2 times oversubscribed at an offer price of EGP 24.50 per share, as per an emailed press release.

Orascom Real Estate opens 1st phase of O West Sports Club

Orascom Real Estate has opened the 17-feddan first phase of O West Sports Club in 6th of October City, with work underway on a second phase covering another 9 feddans, as per an emailed press release.

What are your expectations for gold prices in the coming period?