Macro Group Pharmaceuticals will continue the procedures of its listing on the Egyptian Exchange (EGX) through an initial public offering (IPO) by the end of 2021 or early 2022, the company’s chairman Ahmed El Nayeb told Al Borsa Newspaper.

 Orascom Financial Holding (EGX:OFH) cuts its stake in Belton Financial Holding (EGX:BTFH) to 59.22% from 61.24% by, according to a statement filed to the Egyptian Exchange.

Abu Qir Fertilizers’ (EGX:ABUK) board of directors approved cash dividends worth EGP 1.5 billion, EGP 1.2 per share, for the fiscal year (FY) 2020/2021, according to the company statement filed to the Egyptian Exchange.

Fawry for Banking Technology and Electronic Payments (EGX:FWRY) said Link Holdco BV sold 30.368 million shares worth EGP 516.261 million, according to a statement released on August 24th.