Three Egyptian SOEs Investigating IPOs
Lesson Brief
Al Sharq Al Awsat
On April 7, Al Sharq Al Awsat reported that three Egyptian state-owned entities were looking into initial public offerings on the Egyptian stock exchange. The news comes as foreign investments in Egypt have declined amid increased political tension both in Egypt and regionally with the government looking to give the country an economic boost. Officials and analysts are hoping these and similar moves will increase the diversity of the stock exchange. This article is heavy in economic and financial terminology and this set assumes the reader has a solid base in Arabic, but give it a try no matter what!
Click and Match
- segments (ie groups, categories)
- شرائح
- developments, expansions
- توسعات
- initial offerings
- طروحات أولية
- pace
- وتيرة
- private companies
- شركات خاصة
- liquidity
- سيولة
- to offset, to compensate for
- عَوَّضَ ، يُعَوِّضُ
- considering that, taking into consideration that
- في الاعتبار أن
- refining
- تكرير
- outset, onset
- مطلع