Rare Algerian IPO May Be Followed by at Least Three More in 2025

By Salah Slimani

Rare Algerian IPO May Be Followed by at Least Three More in 2025

Algeria, which in March saw its first public initial offering in eight years, expects at least three others in 2025 as it looks to grow its small and illiquid stock exchange and diversify the economy.

One of the firms will be from the pharmaceutical sector, the exchange's director-general, Yazid Benmouhoub, said in an interview with the Asharq TV channel, without elaborating.

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