Ahmed Farahat

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Latest by Ahmed Farahat


Government resumes offering 25% of Enppi on EGX

The government committee supervising the state IPO programme gave the green light for resuming offering process of the Engineering for Petroleum and Process Industries (Enppi) on the Egyptian Exchange (EGX). Officials responsible for the offering process have resumed their meetings with Enppi’s representatives in the past period, an informed source told Daily News Egypt, adding …

Ahmed Farahat

Scenarios after Tax Cuts on European Cars

Egypt and the EU signed an agreement on 25 June 2001 in Brussels to establish a free-trade zone for a maximum period of 12 years from the time the agreement goes into gradual effect, while liberalising Egyptian imports from industrial goods of the EU extending to 16 years. This agreement requires reducing European car customs …

Ahmed Farahat

Floating companies on EGX during Q4 2018: Al Saeed

Minister of Planning, Follow-up, and Administrative Reform Hala Al-Saeed said that the programme of the government IPOs is due to begin in the last quarter of 2018. Al-Saeed said in a press statement on the sidelines of the Egypt Government Excellence Conference held in cooperation with the United Arab Emirates, that there is no delay …

Ahmed Farahat