Egypt's bourse raised EGP 20bn in 27 months-Omran

Cairo – Mubasher: The Egyptian listed firm raised nearly EGP 20 billion through the Egyptian Exchange (EGX) since June 2013, said Dr. Mohamed Omran, Chairman of EGX.

The first half of 2015 witnessed a number of major Initial Public Offerings (IPOs), added Omran.

The IPOs on the Egyptian Exchange were one of the primary drivers of IPO activity in MENA in H1 2015, noted Omran.

Notably, first-half IPOs in Egypt included Integrated Diagnostics Holdings, Edita Food Industries, Orascom Construction and Emar Misr.

Mubasher Contribution Time: 15-Sep-2015 11:36 (GMT)