The Clap
NI Capital, the investment arm of the National Investment Bank, is preparing two state-owned companies for listing on the EGX during H2 2023, according to Al Mal.
What
The National Investment Bank is one of the government agencies for investment and owns several stakes in companies operating in different fields.
So What
Rami El-Dokany, President of the EGX, talked about the possibility of listing a number of state-owned companies on the EGX in 2023, as well as offering additional shares for companies already listed on the EGX.
Now What
The names of the companies that NI Capital is preparing for listing were not mentioned.
