Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » IPO Watch 👀 » Are government companies close to being listed? 🤨

Are government companies close to being listed? 🤨

by Omar El Shorafa
September 1, 2022

The Clap
The committee overseeing IPOs will meet next week, which could be an indication that some government companies are close to being listed, according to the Minister of Finance, Mohamed Maait.

Backstory
The government was preparing to list 10 state-owned companies in 2022, but the plan was halted due to the crisis of the Russian-Ukrainian war.

Why this Matters
Listing state-owned companies on the EGX will help attract more investors to the market, in addition to accomplishing the government’s exit plan from some sectors in favor of the private sector.

The announcement also comes at a time when Egypt is close to securing a loan from the IMF, which will help solve the liquidity crisis that worried investors.

What Now
As part of the government’s plan, Safi and Wataniya are being prepared for listing on the EGX.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Economy 🏙

S&P Global affirms Egypt’s credit rating & economic outlook

by Shams Abbas
January 28, 2023
Economy 🏙

Gulf funds eye stake in seven hotels in Egypt

by Shams Abbas
January 24, 2023
Summary of IMF’s meeting about Egypt’s loan
Economy 🏙

Goldman Sachs: Egypt’s on the right track

by Shams Abbas
January 23, 2023
Economy 🏙

Russia to allow exports to Egypt in exchange for Russian ruble

by Shams Abbas
January 23, 2023
Economy 🏙

ITFC offers $1.5 billion in financing to Egypt

by Shams Abbas
January 23, 2023
Orascom Financial continues to buyback sharesđź’¸
Economy 🏙

The “Forbes International Tower” right here in Egypt

by Shams Abbas
January 22, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hellođź‘‹ We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkersđź’­

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Cleanđź§ą We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)Â