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اليوم السابع
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2026-11-02T10:10:21.000Z

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Cairo Bank's Record IPO

Cairo Bank's Record IPO

Trading in Cairo Bank shares began on the Egyptian Exchange after the completion of the largest offering in its history, valued at more than EGP 36.37 billion, according to Exchange Chairman Omar Radwan. The public offering was oversubscribed more than 27 times, while the private placement drew strong interest from regional and international investment institutions. Radwan said the deal reflected confidence in the Egyptian economy and the market’s ability to attract investment and finance major companies. He added that the Exchange looked forward to welcoming another offering in the coming period.

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