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Egypt to Sell Stake in United Bank
Egypt to sell United Bank stake by end of March, central bank says
Egypt's central bank aims to sell shares in state-owned United Bank in an initial public offering (IPO) on the stock exchange by the end of March, it said in a statement on Sunday.It did not say how big the stake would be and said that it was still seeking approvals from the stock exchange and the Financial Regulatory Authority.
Egypt to Sell Stake in United Bank Through IPO in Early 2025
Egypt will sell a stake in state-owned United Bank via a local initial public offering, as the North African nation presses on with plans to attract a fresh wave of foreign investment through the sale of public assets.
Egypt to Offer United Bank Stake in IPO Amid Asset Sale Push
Egypt will offer a stake in state-held United Bank on the Egyptian stock market, the central bank said Sunday, as the government pushes ahead with a public asset sale program that’s part of an effort to bring in foreign investors.
Al-Monitor
5h
Egypt fears 'all out' regional war: foreign minister to AFP
Egypt's foreign minister warned Sunday of the risk of an all-out regional war as fighting between Israel and Lebanon's ...
2d
on MSN
Sword with markings of ancient pharaoh Ramses II unearthed in Egypt
Ramses the Great is credited with expanding Egypt's reach as far as modern Syria to the east and Sudan to the south.
Channel NewsAsia Singapore
4h
Egypt fears 'all out' regional war between Israel and Hezbollah
Egypt's foreign minister warned Sunday (Sep 22) of the risk of an all-out regional war as fighting between Israel and Lebanon ...
3d
Egypt PM says Saudi's planned $5 bln investment independent of cenbank deposit
Egypt's Prime Minister Mostafa Madbouly said on Thursday that a planned Saudi Arabian investment of $5 billion in Egypt is ...
3d
Egypt’s Gas Output to Return to Normal Levels Next Year, PM Says
Egypt’s natural gas production will return to normal levels by June 2025, the prime minister said, just as a recent output ...
2d
Alstom creates new fleet for Egypt monorail project
Trains created by manufacturing giant Alstom have been test run in Cairo ahead of the launch of a new Egyptian monorail ...
4d
on MSN
Egypt will not accept security changes on Gaza border, foreign minister says
Egypt will not accept any changes to the security arrangements that were in place on its border with Gaza before war broke ...
4d
Bird poop hid ancient paintings in Egypt temple — until now. See what’s been revealed
In ancient Egypt, paint was sourced from minerals, such as ocre, that were then ground into a powder, according to research ...
8d
on MSN
At least three killed as trains collide in Egypt
At least two people have been killed and 29 injured in a train collision in Egypt, the Egyptian health ministry said Saturday ...
4d
Blinken Visits Egypt, but Skips a Stop in Israel
The secretary of state is making his 10th visit to the Middle East since the Oct. 7 attacks. Until now, he has met with ...
Hebdo Ahram
5h
Match facts: Egypt’s Masry v Libya’s Al Hilal (CAF Confederation Cup)
Ahram Online provided a live score coverage for Sunday’s match between Egypt’s Masry and Libya’s Al Hilal in the second ...
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