}

Banque du Caire’s private placement draws sixfold demand at EGP 5.30/share

Banque du Caire attracted demand equivalent to around six times its private placement, with the final offering price set at EGP 5.30 per share, according to informed sources cited by Asharq Business.

Alexandria Port Authority, Hassan Allam Utilities sign MoU for El-Dekheila logistics center

The Alexandria Port Authority signed a memorandum of understanding (MoU) with Egypt-based infrastructure investor Hassan Allam Utilities and Al-Tarek Group to study the development, construction, and operation of an integrated logistics center at El-Dekheila Port, according to a Ministry of Transport statement.

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