Macro Finance
Banque du Caire Seeks to Raise Up to $454 Million in Egypt IPO
Bloomberg Markets·October 18, 2026·1 min read
Banque du Caire plans to raise up to 24.25 billion Egyptian pounds ($454 million) by selling a 30% stake in an initial public offering, which would be Egypt's largest IPO in years. The state-owned lender's listing is part of a broader push by the government to sell stakes in state companies.
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