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2026-11-02T10:13:53.000Z

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Cairo Bank Offer Succeeds

Cairo Bank Offer Succeeds

Egyptian Exchange Chairman Omar Radwan said the successful offering of Banque du Caire and the start of trading in its shares reflect the strength and resilience of the Egyptian economy, the appeal of its investment climate, and its capacity to absorb major strategic offerings. He added that the offering’s record subscription levels point to a return of foreign investment momentum. The Exchange is working to attract new investors, list Egyptian and foreign companies, and develop its mechanisms to strengthen its role as a regional hub for sustainable finance. He made the remarks at a ceremony marking the start of trading, attended by Prime Minister Mostafa Madbouly.

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