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Banque du Caire share valuation method approved
The committee approved the validity of the methodology and approach used to prepare the updated fair value study of Banque du Caire's shares, in preparation for offering a stake of the bank's shares on the Egyptian Exchange. The study was based on the bank's financial statements up to June 2026, with updated data and financial assumptions to ensure valuation accuracy. The offering aims to strengthen the capital market, expand ownership bases, and promote private sector participation. It is emphasized that this does not mean selling or divesting from companies, but rather enhancing asset management governance and achieving higher returns on state assets.
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