CI Capital | Egypt Oil & Gas

Enppi Signs Deal to Manage IPO

Engineering for the Petroleum & Process Industries (Enppi) has signed a contract with three banks to manage the company's initial public offering (IPO) on the Egyptian Exchange Market (EGX).

Three Firms to Bid on ENPPI’s Shares

CI Capital, Beltone Financial and Arqaam Capital will compete for ENPPI’s IPO.

Egypt, China to Swap Currency

Egypt reached a currency swap agreement with China valued at $2.7b, brining Egypt closer to achieving the conditions required to receive a $12b loan from the International Monetary Fund (IMF).

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