The Clap:
Real Estate developer El Attal Holding, is set to IPO next year with a listing of 30-35% of its shares on the EGX in 2025, CEO Ahmed Al Atta said in an interview with Asharq Business.
The specifics:
Attal stated that it is collaborating with advisors from the UK and Greece to establish the offering, mentioning that the fair value of the company will be disclosed by the end of 2024.
The developer will construct a housing project in Saudi Arabia as well:
Attal mentioned that they will sign a deal with the Saudi Housing Ministry to establish a 1.5k unit residential project in the country.
