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Council clears Cairo Bank share valuation
The article discusses the meeting of Dr. Hossam El-Sayed, Assistant Prime Minister, during which he confirmed that the committee unanimously approved the methodology for assessing the fair value of the shares of Bank of Cairo. This is part of preparations to offer a portion of the bank’s shares on the Egyptian Exchange. The study has been updated based on the latest financial data, and the figures are based on the statements as of June 30, 2026, to reflect the bank’s most recent performance. The aim of this measure is to enhance transparency, increase market capitalization, and expand the investor base, with a focus on improving the management of state assets and achieving distinguished returns from the offering operations, thereby supporting the development of the Egyptian capital market and encouraging private sector participation.
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