The energy and utility provider will be listing a total of 1,352,353,800 shares for EGP 0.50 per share.
El Dokany announced that the stock exchange's board of directors is going to terminate the EGX50 index, and intends to announce an index that complies with the provisions of Islamic Sharia soon.
The new company’s framework agreement will open up new horizons for cooperation at the continental and regional levels to encourage green investment , says EGX head El-Dakany
Several government officials throughout 2022 have said that the state is looking to offer shares in 10 state and military-owned institutions, however the plan continues to be delayed due to market conditions
El-Dokany, who was appointed late last week, succeeded Farid after the former EGX boss was selected as acting FRA head by the president in early August
