EGX

  • MoP Could Offer Enppi Shares on EGX

    MoP Could Offer Enppi Shares on EGX

    Sunday, 20th June 2021

    The Minister of Petroleum and Mineral Resources, Tarek El-Molla, told CNBC that the ministry could potentially offer a share of Enppi on the Egyptian Stock Exchange (EGX).

  • B Investments Negotiates Selling Total Egypt Stakes

    B Investments Negotiates Selling Total Egypt Stakes

    Thursday, 6th August 2020

    B Investments has started preliminary negotiations regarding selling 20% of its share in Total Egypt.

  • Qalaa Holdings Explains Reduced Stake in ERC

    Qalaa Holdings Explains Reduced Stake in ERC

    Thursday, 1st August 2019

    Qalaa Holdings has confirmed in a market statement that its stake in the Egyptian Refining Company (ERC) has decreased to 13.14% because other shareholders have underwritten additional equity.

  • Egypt’s IPO Activity Surges in 2018

    Egypt’s IPO Activity Surges in 2018

    Tuesday, 19th March 2019

    Four IPOs that were valued at $315 million took place in 2018 on EGX, compared to the $179 million from the previous IPOs in 2017.

  • ERC Commercial Operations to Start in Q3 2019

    ERC Commercial Operations to Start in Q3 2019

    Wednesday, 27th February 2019

    ERC is 99.28% complete, and the diesel producing unit has been successfully tested.

  • Negotiations Begin for Egyptian Energy Exchange Market

    Negotiations Begin for Egyptian Energy Exchange Market

    Tuesday, 7th August 2018

    The Ministry of Petroleum and the Egyptian Exchange have begun negotiations regarding the creation of a natural gas exchange market.

  • Enppi to List 15% Stake on EGX

    Enppi to List 15% Stake on EGX

    Sunday, 22nd April 2018

    Engineering for the Petroleum and Process Industries (Enppi) is set to sell around 15% of its shares in an initial public offering on the Egyptian Exchange Market (EGX).

  • Egypt Gas Shareholders Approve Dividend Payouts

    Egypt Gas Shareholders Approve Dividend Payouts

    Monday, 2nd April 2018

    Egypt Gas's general assembly has authorized the company to pay out dividends of EGP 1 per share.

  • Electricity Ministry Delays IPOs

    Electricity Ministry Delays IPOs

    Tuesday, 27th March 2018

    The Egyptian Ministry of Electricity and Renewable Resources has delayed the initial public offerings of three firms onto the Egyptian Exchange until electricity subsidies are lifted.

  • Enppi IPO Delayed to End of 2018

    Enppi IPO Delayed to End of 2018

    Thursday, 22nd February 2018

    The initial public offering (IPO) of 24% of the Engineering for the Petroleum and Process Industries (Enppi)’s stakes in the Egyptian Exchange Market (EGX) will take place at the end of 2018, said Mohamed Hathout, Head of Enppi.