Business
Egypt approves offering of 30% stake in Banque du Caire on stock exchange
October 18, 2026 at 02:27 PM
Coverage
4 reports
يواليوم السابع
رئيس وحدة الشركات المملوكة للدولة بمجلس الوزراء: طرح 30% من أسهم بنك القاهرة بـ24.25 مليار جنيه
(opens the publisher’s site)
MAMasrawy
طرح 30% من أسهم بنك القاهرة بقيمة استرشادية 24.25 مليار جنيه
(opens the publisher’s site)
يواليوم السابع
"الرقابة المالية" تعتمد نشرة طرح أسهم بنك القاهرة "شركة مساهمة مصرية"
(opens the publisher’s site)
MAMasrawy
القيمة العادلة لسهم بنك القاهرة عند 5.30 جنيه للطرح في البورصة
(opens the publisher’s site)Egypt's Financial Regulatory Authority has approved the listing prospectus for a 30% stake in Banque du Caire, nine years after its provisional registration.
- The authority approved the prospectus on 18 October 2026, following the bank's provisional listing in February 2017.
- The offer comprises up to 4.575 billion shares, split 95% for qualified investors and 5% for public subscription.
- The indicative price ranges from 4.82 to 5.30 Egyptian pounds per share, valuing the offer at up to 24.25 billion pounds.
- Hashim El-Sayed, head of the state-owned companies unit, said purchase orders will be accepted from 19 to 23 October, with a final price by 26 October.