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Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100 mn each, with BdC committing to tighter governance and enough…
Another historic high for the greenback
Here are the stories driving the day, both at home and abroad. The USD passed the EGP 56 mark in…
BdC’s Hussein Abaza on why the bank is listing now and what comes next
The CEO says investors are buying a finished turnaround, funded by rural deposits and built for rate cuts
IMF lands in Cairo for the final review, with divestments, energy subsidies and tax on the table
Good morning, lovely people. The IMF mission is in town earlier than we expected for the eighth and final review…
EBRD, IFC sign on to Banque du Caire’s upsized IPO
The state’s biggest sale in years has grown to 45% of the bank and prices at the top of its…
EGP weakens against USD — plus, four foreign funds commit USD 256 mn to Banque du Caire IPO
At home, the USD jumped to EGP 55 for the first time, while Banque du Caire’s IPO and MNT-Halan’s EGX…
The road to an IPO with BdC’s Hussein Abaza
Banque du Caire is going public in a landmark IPO. On this episode of Making It, Hussein Abaza, the CEO…
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The Oil Ministry and Chevron initial the fiscal agreement for developing Cyprus’ Aphrodite gas field
Good morning, ladies and gents. Egypt’s biggest listed developer just signed its most ambitious agreement with the state yet, and…
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