17 Hrs
Source:
بوابة الشروق
_1777352142843_145525226.png&w=64&q=75){kind=small}
Source: بوابة الشروق
17 Hrsبوابة الشروق
Source: بوابة الشروق
17 HrsReady to play
Ready to play
Mohamed Adel, spokesperson for the Cabinet Presidency, said that the offering of Banque du Caire, valued at more than EGP 36 billion, was the largest in the history of offerings on the Egyptian Stock Exchange. He said around US$600 million of the proceeds came from new investment, mostly from foreign investors. He affirmed the government’s commitment to continuing to offer state-owned assets and broaden ownership in the coming period. In the first 15 minutes of trading, the bank’s share price rose by about 7%, from its offering price of EGP 5.30 to EGP 5.68. More than 95 million shares were traded, worth over EGP 600 million.
Notice: This Is an AI-Generated Summary
Comments (0)