}

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FRA approves prospectus for 30% Banque du Caire offering worth up to EGP 24.25B

The Financial Regulatory Authority (FRA) approved the prospectus for a 30% share offering in Egyptian state-owned lender Banque du Caire, with an indicative value of approximately EGP 24.25 billion at the upper end of the proposed price range, as per a statement.

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