Listing the shares of state-owned Banque du Caire on the Egyptian Exchange (EGX) will be carried out once the local and global markets recover, Chairman Tarek Fayed told CNBC Arabia on November 30th.

Egypt’s Ministry of Public Business Sector requested an investment bank to act as an adviser for the initial public offering (IPO) of Ghazl el Mahalla Company, Masrawy reported on November 30th.

The Financial Regulatory Authority (FRA) announced that non-Egyptian companies can list their shares on the Egyptian Exchange (EGX) with a minimum paid-up and issued capital similar to the required amount for Egyptian firms, according to an official statement.

Sarwa Capital Holding for Financial Investments closed its inaugural sukuk issuance of EGP 2.5 billion by its subsidiary Sarwa Sukuk Company, according to a disclosure to the Egyptian Exchange.