IPO Buzz Grows in Egypt as Two More Companies Ready Share Sales
- CI Capital, BPE Partners disclose plans for Cairo listings
- IPO interest rises as benchmark index recoups post-2016 losses
Traders work on the trading floor at the Egyptian stock exchange in Cairo, Egypt.
Photographer: Shawn BaldwinThis article is for subscribers only.
The buzz around initial public offerings in Egypt is growing louder, with two more companies announcing plans for share sales.
Investment bank CI Capital Holding said Thursday it intends to offer more than 40 percent of its capital on the Cairo stock market. BPE Partners is preparing to sell shares in its private equity investment company later this month, the firm’s founding partner said Wednesday.