Banque Du Caire IPO Marks New Chapter in Egypt’s State Asset Sale Program: Prime Minister
7 Articles
7 Articles
Banque du Caire IPO marks new chapter in Egypt’s state asset sale program: Prime Minister
He described the listing as a major step toward implementing Egypt’s State Ownership Policy, which aims to reduce the government's economic footprint, strengthen private sector participation, and broaden ownership of state assets.
Egypt’s Banque du Caire debuts on EGX after largest IPO in market history
Shares of Banque du Caire (BDC) began trading on the Egyptian Exchange (EGX) main market on Monday following a record EGP 36.37bn initial public offering (IPO), the largest in the history of the country’s capital market. The offering comprised 6,862,500,000 shares, representing 45% of the bank’s total 15,250,000,000 shares. The IPO gives BDC a market […]
https://www.tradingsat.com/actualites/information-societes/after-more-de-20-an-d-suspite-la-bank-du-caire-realise-l-une-des-plus-important-introductions-en-bourse-d-egypte-1172962.html
The share of the Bank of Cairo jumped to 7% on the first day of its circulation on the Egyptian stock exchange, following the Government's sale of a 45% share of its stock, to close the curtain on the historic offering of one of the most prominent government assets after a prolonged delay of about two decades.
The Prime Minister is opening the debate on the Cairo Bank stock, with the participation of the Governor of the Central Bank, Albumat, the Egyptian lens today.
Madbouly attends Banque du Caire’s EGX trading debut
Prime Minister Moustafa Madbouly, on Monday, attended the official start of trading in Banque du Caire shares on the Egyptian Exchange (EGX), following the public offering of a stake in the state-owned bank. The trading debut was also attended by EGX Chairman Amr Radwan, alongside senior government officials and prominent figures from the capital market […]
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