Egypt’s Banque du Caire attracts UK, UAE and African investors for IPO worth up to $454 million

Egypt’s Banque du Caire attracts UK, UAE and African investors for IPO worth up to $454 million

Egypt’s Banque du Caire has attracted commitments of up to $256 million from four international investors for its planned share sale, giving the government’s privatisation programme a significant boost as it opens part of the state-owned lender to outside ownership.

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