Economy · FinanceOngoing · 7
Egypt raises over $650 million in IPO of state-owned bank
editorial@africanews.com (Rédaction Africanews) · Africanews
Published 3 Nov 2026, 2:36 am·1 h ago·1 min read
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Egypt on Monday raised more than 650 million dollars in its initial public offering of the state-owned Banque du Caire. The offering comes as the country advances reforms under an International Monetary Fund programme to boost private sector participation in Egyptian economy.
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