Bonyan for Real Estate and Investment announced that its public offering has been covered approximately 33.7 times.

The Egyptian Exchange (EGX) is set to list a major private-sector real estate company this month.

The Egyptian government is planning to offer stakes in 10 companies in 2025, including banks, state-owned enterprises, and Armed Forces-affiliated firms, Prime Minister Mostafa Madbouly revealed.

The International Finance Corporation (IFC) has submitted a technical study and a proposed timeline to the Egyptian government to offer the management and operation of 20 airports, including four new ones, to the private sector.

The government is working on the state’s initial public offering (IPO) program and will make important announcements soon regarding the offering of several airports and banks.

The state-owned pharmaceutical firm HoldiPharma has received five offers from investment banks to manage the anticipated offerings of its subsidiaries, Chemical Industries Development (CID) and Misr Pharma, on the Egyptian Exchange (EGX).

Raya Holding for Financial Investments is planning to list up to 30% of its subsidiary Raya Information Technology (Raya IT) on the Egyptian Exchange (EGX) in October.

Act Financial is planning to raise EGP 1.04 billion in a private placement of 300 million shares on the Egyptian Exchange (EGX) from July 9th to 18th, and an initial public offering (IPO) of 60 million shares until 23rd, Managing Partner and Co-Founder Mostafa Abdelaziz said in a press conference on July 2nd.

El Attal Holding is considering offering a stake ranging between 30% and 35% on the Egyptian Exchange (EGX) in early 2025.