Confidence rebound for Egypt as Dubai bank plans IPO | The National:
"In a vote of confidence for Egypt’s economy, one of Dubai’s biggest investment banks plans to take part in the country’s first initial public offering since the fall of Hosni Mubarak in 2011.
The move by Al Mal Capital comes as a slew of Egyptian companies – along with the government – plan to raise capital through the equity markets after Egypt’s EGX 30 Index rose more than 20 per cent this year.
Even Egypt’s government is turning to the country’s bourse to fund infrastructure projects and public-sector companies."
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