logo
National Printing plans to float 10% stake on EGX

National Printing plans to float 10% stake on EGX

Zawya7 hours ago
National Printing S.A.E., an integrated printing and packaging platform in Egypt, is planning to float up to 10% of its shares on the Egyptian Exchange (EGX), as per an emailed press release.
The initial public offering (IPO) will involve the sale of up to 21.171 million existing ordinary shares by National Printing International Holding S.A.L., Grandview Investment Holdings Corp, and other minority shareholders.
The offering will include a private tranche committed by Saudi Arabian entrepreneur and investor Omran Mohammed AlOmran as cornerstone investor, in addition to a public tranche open for subscription. Both tranches will be offered at the same price per share.
National Printing is in the process of obtaining approvals from the Financial Regulatory Authority (FRA), including the public subscription notice.
Subject to these approvals and market conditions, the subscription period for the public tranche is expected to take place from July 27th to 31st, 2025.
National Printing's shares are listed on the EGX under the symbol NAPR.CA.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Nahyan bin Mubarak attends celebration of 23rd July Revolution at Egyptian Embassy
Nahyan bin Mubarak attends celebration of 23rd July Revolution at Egyptian Embassy

Al Etihad

time4 hours ago

  • Al Etihad

Nahyan bin Mubarak attends celebration of 23rd July Revolution at Egyptian Embassy

21 July 2025 22:13 ABU DHABI (WAM)Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence, and Khalifa Shaheen Al Marar, UAE Minister of State, attended Monday evening the reception hosted by Sharif Mahmoud Said Eissa, Ambassador of the Arab Republic of Egypt to the UAE, on the occasion of the 73rd anniversary of the 23rd July event, held at the Egyptian Embassy in Abu Dhabi, was attended by a number of senior officials, members of the Arab and foreign diplomatic corps accredited to the UAE, and members of the Egyptian community residing in the country. In his speech on the occasion, Ambassador Sherif Eissa emphasised the depth and strength of the relations between the Arab Republic of Egypt and the UAE, built on the principles of brotherhood laid down by the late Sheikh Zayed bin Sultan Al Nahyan. He noted that the past two years have witnessed both qualitative and quantitative transformations in UAE-Egypt relations, with Emirati direct investment in Egypt reaching an unprecedented level of nearly $70 billion, making the UAE the top investing country in Egypt. He also highlighted the UAE's substantial investments in the Ras El Hekma project on Egypt's northern coast, and noted that bilateral trade between the two countries exceeds $4 billion annually.

National Printing plans to float 10% stake on EGX
National Printing plans to float 10% stake on EGX

Zawya

time7 hours ago

  • Zawya

National Printing plans to float 10% stake on EGX

National Printing S.A.E., an integrated printing and packaging platform in Egypt, is planning to float up to 10% of its shares on the Egyptian Exchange (EGX), as per an emailed press release. The initial public offering (IPO) will involve the sale of up to 21.171 million existing ordinary shares by National Printing International Holding S.A.L., Grandview Investment Holdings Corp, and other minority shareholders. The offering will include a private tranche committed by Saudi Arabian entrepreneur and investor Omran Mohammed AlOmran as cornerstone investor, in addition to a public tranche open for subscription. Both tranches will be offered at the same price per share. National Printing is in the process of obtaining approvals from the Financial Regulatory Authority (FRA), including the public subscription notice. Subject to these approvals and market conditions, the subscription period for the public tranche is expected to take place from July 27th to 31st, 2025. National Printing's shares are listed on the EGX under the symbol © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

HiRemoters delivers up to 80% savings in cost through AI-powered remote hiring platform
HiRemoters delivers up to 80% savings in cost through AI-powered remote hiring platform

Zawya

time8 hours ago

  • Zawya

HiRemoters delivers up to 80% savings in cost through AI-powered remote hiring platform

Cairo, Egypt – HiRemoters, the AI-powered tech remote hiring platform engineered by Sprints, announced major growth milestones delivering cost savings of up to 60% in the GCC, 75% in Western Europe, and 80% in the United States for global clients seeking remote tech talent. HiRemoters is built by Sprints, one of the region's leading ed-tech companies. The platform leverages six years of Sprints' talent development expertise and a curated network of over 150,000 vetted top-tier tech professionals. Using AI-powered matchmaking, HiRemoters connects businesses with remote-ready talent, whether for individual roles or full-scale team builds. 'HiRemoters was launched after growing demand from global companies to access our top-tier, affordable tech talent,' said Bassam Sharkawy, Chief Strategy Officer and Co-founder of Sprints. 'One U.S. client built an LLM using AI developers from HiRemoters - that's the kind of caliber projects we are able to deliver.' Unlike traditional outsourcing models with hidden fees, HiRemoters provides full transparency and direct client-talent engagement. The platform offers complete customization for role definitions, compensation, onboarding, and timezone alignment while automating complex workflows including compliant contracts, 48-hour onboarding, and multi-currency payroll. HiRemoters also provides Employer of Record (EoR) services, enabling businesses to hire globally without establishing local entities. The platform handles legal, payroll, tax, and benefits administration while giving clients complete control over the employee lifecycle. "Our goal is not only to help businesses scale but to enhance the remote work experience for everyone," said Ayman Bazaraa, CEO and Co-founder of Sprints. "We're investing in advanced collaboration platforms and next-generation AI recruitment tools." The company continues expanding its technology infrastructure and global talent network while maintaining its commitment to continuous upskilling through the Sprints platform. About HiRemoters is a global remote hiring platform that enables companies to hire, onboard, manage, and pay top tech talent worldwide, without the need to establish local entities or navigate complex local regulations. Powered by AI, it delivers seamless payroll, compliance, and Employer of Record services, efficiently connecting businesses with pre-vetted professionals. Developed by Sprints, and backed by Disruptech Ventures, EdVentures, and Falak.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store