The Egyptian Exchange’s (EGX) Listing Committee has approved the final de-listing of National Bank of Kuwait Egypt’s (NBK Egypt) (NBKE) shares, according to a statement.

EFG Hermes Holding (HRHO) has received a non-binding offer from First Abu Dhabi Bank (FAB) for a potential cash acquisition of net less than 51% of the company’s issued shares at an indicative purchase price of EGP 19 per share, according to a press release.

The Egyptian Exchange (EGX) announced that the completion of the initial public offering (IPO) and private placement of 45.8% of Macro Group Pharmaceutical’s (Macro Capital) (MCRO) issued capital at a total value of EGP 1.28 billion or EGP 4.85 per share.

Industrial Engineering Company for Construction and Development (ICON) announced that its board of directors has approved the vertical demerger of the company, according to a statement filed to the Egyptian Exchange (EGX).