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Source: Thomson Reuters.   Last updated on Feb 22, 2019 at 23:50PM (UTC).   Delayed by at least 15 minutes.
“Orascom Construction Ltd.” Applies for Listing on the Egyptian Exchange
Feb 17, 2015
“Orascom Construction Ltd” (UAE) applied for listing on The Egyptian Exchange (EGX), with a capital of $ 105 million (nearly 800 million Egyptian pounds) divided on 105 million shares. 

This reflects the increasing appeal of the Egyptian market in the region. The Egyptian market, with advanced infrastructure in addition to ongoing developments in regulations, proved to be more in line with international standards in the region.

From the beginning of this year, EGX had two new companies listed with capital exceeding a quarter of a billion Egyptian pounds. Another two companies applied for listing with a value exceeding 1.6 billion Egyptian pounds.  

It is worth mentioning that EGX managed to list 13 companies in 2014.  

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