}

Banque du Caire IPO public tranche oversubscribed 2.54x as EGX falls

Subscriptions to the public tranche of Egypt-based lender Banque du Caire’s initial public offering (IPO) reached 2.54 times the allocated shares on Sunday, October 25, 2026, as the Egyptian Exchange (EGX) closed sharply lower amid widespread selling.

Egypt eyes 122M airport passengers annually by 2030

Egypt seeks to increase its current annual airport capacity from 73 million to over 122 million passengers by 2030 as part of a strategy to enhance air transport capabilities, expand infrastructure, and modernize the fleets of national airlines.

What is the key driver for success in upcoming Egyptian IPOs?