1 Day
Source:
المصري اليوم
_1777352142843_145525226.png&w=64&q=75){kind=small}
Source: المصري اليوم
1 Dayالمصري اليوم
Source: المصري اليوم
1 DayReady to play
Ready to play
Economist Hany Geneina said the successful offering of Banque du Caire—anticipated for nearly 20 years—despite regional tensions and weak stock-market performance, reflects investors’ confidence in the Egyptian economy. The share of capital offered rose from 30% to 45%, while the public tranche was covered around 27 times and the private tranche around 19 times, with foreign investors bringing in nearly half a billion dollars. Geneina said the strong demand could encourage further offerings, and that listing companies does not mean giving up state assets; rather, it could improve management and boost efficiency.
Notice: This Is an AI-Generated Summary
Comments (0)