Cairo - Mubasher: The Egyptian Stock Exchange (EGX) announced on Tuesday that shares in Genial Tours will commence trading on Wednesday, 21 October on the Nile Exchange (NILEX).

The EGX set the stock's opening price at EGP 1.61 per share, the same as its public offer price.

The company's initial public offering (IPO) was covered 121 times, through requesting 72.8 million shares at offering price of EGP 1.61 per share.

Genial Tours' had floated 600,000 shares, or 20% of capital.