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Madbouly denies Banque du Caire sale rumors

Prime Minister Mostafa Madbouly denied reports claiming the sale of Banque du Caire at a value of $1 billion.

Updated 3/20/2025 8:39:00 AM
Egypt targets to raise $2.5B from government IPO program in FY2024/25

Egypt expects to raise between $2 billion and $2.5 billion from the resumption of the state’s initial public offering (IPO) program during the current fiscal year (FY) 2024/2025.

Updated 8/7/2024 7:24:00 AM
Egypt targets raising $1.5B from government offerings in 2025

Egypt seeks to raise around $1 billion from government offerings in 2024 and $1.5 billion in the coming year.

Updated 4/21/2024 7:44:00 AM