23 Hrs
Source:
بوابة الفجر
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Source: بوابة الفجر
23 Hrsبوابة الفجر
Source: بوابة الفجر
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Egyptian Prime Minister Mostafa Madbouly, joined by Central Bank Governor Hassan Abdullah and other officials, opened trading in Banque du Caire shares on the Egyptian Exchange, describing the offering as a major step in economic reform and expanding private-sector participation. The offering comprised 6.8625 billion shares, representing 45% of the bank’s shares, with a total value of EGP 36.37 billion—the largest in the history of Egypt’s capital market. The public-offering tranche was oversubscribed more than 27 times, with buy orders exceeding 9.28 billion shares, while the offering attracted more than half a billion dollars transferred from abroad.
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