Egypt’s state-run digital payments and fintech company e-finance has stated its IPO indicative price, while the final price announcement is expected around 9 October. It is likely that subscription for the Egyptian Retail Offering will go on from 6 to 13 October.
Trading on the Egyptian Exchange (EGX) is expected to start around 18 October. The company is offering 257.78 million shares on EGX and has strong growth opportunities.
