Home politics A new offering on the Egyptian Stock Exchange worth 1.8 billion pounds

A new offering on the Egyptian Stock Exchange worth 1.8 billion pounds

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Tuesday 22/July/2025 – 12:31 PM

















In a statement, the Egyptian Stock Exchange announced the implementation of a new offering on the Egyptian Stock Exchange for the Bunyan Development and Trade Company Bony.CA at a value of 1.8 billion pounds, within the framework of cooperation and coordination between all parties to the stock market in Egypt, through:

A new offering on the Egyptian Stock Exchange worth 1.8 billion pounds

– A special offering of 344.8 million shares, at a coverage rate of 6.88 times, and the allocation was allocated to 561 customers with 18 brokerage companies.

A public offering a number of 18.1 million shares at a coverage rate of 33.7 times, and the allocation was allocated for 15,824 customers with 94 brokerage companies.

Ahmed Al -Sheikh, head of the Egyptian Stock Exchange, stated that the stock exchange continues its efforts to facilitate all steps related to restriction and subtraction, as it continues to provide technological solutions developed and innovative to fulfill the requirements of new proposals. He added: We always emphasize the readiness of the Egyptian Stock Exchange to receive more proposals, whether governmental or from the private sector.

The sheikh stressed that the Egyptian Stock Exchange continues its strategy in encouraging the registration of serious and ambitious companies, developing their financial tools and increasing their attractiveness to local and international investors, within the framework of the state’s efforts to enhance the role of the money market in supporting economic growth.

The Egyptian Stock Exchange decided to disrupt the work next Thursday, July 24, 2025, on the occasion of the celebration of the July 23 revolution, according to an official statement issued today, Tuesday.

Disable the work on the Egyptian Stock Exchange next Thursday on the occasion of the July 23 Revolution

Trading is scheduled to be resumed on Sunday 27 July 2025, after the end of the official leave and the weekly holidays on Friday and Saturday.

The decision comes in line with what the Central Bank of Egypt announced regarding the disruption of work in all banks operating in Egypt on the same day, provided that banking activities are resumed on Sunday morning, July 27, 2025.



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