Private-Equity News
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Egypt stocks drop following prosecutor attack
The attack raised fears about militant reach in the country and possible government crackdown.
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Egypt: Bisco Misr to Voluntarily Delist From Egypt's Stock Exchange
Established in 1957, the originally state-owned Bisco Misr is one of the country's main providers of baked goods and confectionery.
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Egypt begins marketing 10-year US dollar bond at 6.25% yield area
Egypt is rated B3 by Moody's, B- by Standard & Poor's and B by Fitch.
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Egypt's Beltone Capital to offer shares on stock exchange in Q4 2015
Egypt's Beltone Private Equity will offer shares of Beltone Capital, which it manages, worth 1 billion Egyptian pounds ($131.06 million) on the Egyptian stock exchange in the last quarter of this year, a partner said on Thursday.
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Telecom Egypt says will not buy treasury stocks
Telecom Egypt had recently changed CEO and chairman.
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Emaar Misr’s $353m IPO in Egypt to run June 16-25
The shares will be priced at 4.49 Egyptian pounds each, meaning the offer is expected to raise 2.69 billion pounds.
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Egypt picks banks for first international bond issue in 5 years
BNP Paribas, Citigroup, JP Morgan, Morgan Stanley and Natixis will arrange the investor meeetings for Egypt.
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Egypt's market gains $3 bn in one week, EGX30 jumps 8.3% as govt suspends capital gains tax
The Egyptian Cabinet put the 10 percent tax on capital gains on hold for two years, but will keep a 10 percent tax on stock dividends.
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Emaar plans to float 13 per cent of Egypt unit
If completed, the flotation will underline the link between Egypt and the UAE, with the latter providing large amounts of financial, energy and political support to the Egyptian government.
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Egypt is only Mena market to issue IPOs in Q1 2015: EY
Both of the IPOs that closed in Q1 2015 were companies based in Egypt, with Orascom Construction opting for a dual listing on the Egyptian Stock Exchange (SE) and Nasdaq Dubai.
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Egypt's Amer Group posts jump in Q1 profit
Amer has diversified businesses in the primary and secondary homes market, as well as hotels, shopping malls and restaurants.
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Top Egypt medical firm sees London IPO 11 times oversubscribed
IDH is the largest fully-integrated private-sector medical diagnostic services provider in Egypt.
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London Stock Exchange welcomes Egypt’s Integrated Diagnostics Holdings
IDHC becomes first Egyptian healthcare company to complete a UK offering, second listing by an Egyptian company in London this year, third healthcare company from the MENA region to list in London.
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Egypt: Central Bank Reduces Foreign Exchange Auction Days to Three Per Week - Statement
Egypt's foreign reserves jumped to $20.525 billion at the end of April, an increase by $5.234 billion from last month.
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Egypt's Oriental Weavers to issue dividend of 0.4 pounds per share
The company last month reported a 2014 net profit of 377.47 million pounds.
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Three local energy-related firms to list on Egypt stock exchange
The EGX has attracted six new companies in the first quarter of 2015.
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Egypt to look again at trading bonds on Cairo bourse: minister
Bonds were supposed to start trading on the stock exchange in the third quarter of last year.
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London Stock Exchange welcomes Egypt’s Edita Food Industries
In addition to Edita there are a further ten Egyptian companies on London's markets with a combined market capitalisation of over $23bn.
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Egypt's CIB Bank to issue dividend of 1.2 pounds per share
The bank last month reported annual net profits of 3.74 billion pounds until December.
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Egypt's Edita sets share price at 18.50 Egyptian pounds
Subscriptions for a separate domestic offering available only in Egypt will close at the end of the month.