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United Bank eyes raising up to EGP 5.1 bn in upcoming IPO
The upper limit of the indicative price range gives the bank a market cap of up to EGP 17.2 bn
United Bank announces intention to float
The bank plans to sell a 30% stake on EGX before the end of the year
Private investors to manage five major Egyptian airports in the first phase of privatization plans
The airports will remain under the sovereignty of the Egyptian state
Egypt’s airport privatization plans are already attracting suitors
Good morning, friends, and welcome to new work week. We are gearing up for a busy week as the IMF…
United Bank submits request to list shares on the EGX
The bank is planning to list 1.1 bn shares with a nominal value of EGP 5 per share
Dragon Oil is looking to invest more in Egypt. News from UN, El Gouna, AAIB
The government owes Dragon Oil USD 200 mn in receivables
CBE to sell a stake in United Bank in IPO by 1 Q 2025
The CBE is in the process of obtaining the required approvals form the Financial Regulatory Authority and the EGX
State exits microfinance player Tamweely after EGP 2.8 bn buyout by int’l consortium
The acquisition comes just ahead of our fourth IMF loan program review in late September
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