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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
Qatar Islamic Bank backs out of United Bank offer -report
QIB and the Kuwait Finance House completed their due diligence for United Bank in December
Qatar Islamic Bank, Kuwait Finance House wrap up due diligence on United Bank
The sale could reportedly reel in the USD equivalent of EGP 22 bn
THIS EVENING: QIB, KFH conclude their due diligence on United Bank
Good afternoon, ladies and gentlemen, and happy hump day. The news cycle is beginning to gain traction as we steamroll…
Shift EV eyes larger 50k annual capacity factory. PLUS: GB Auto Jordan expansion, El Gouna solar power, oil and gas news, debt news, regulations news, NBE earnings
The home-grown startup is also considering setting up shop abroad, with an eye on Southern Europe and the GCC
United Bank stake sale could come sooner than we think + El Sisi checks on the economy
El Sisi “gave directives” for the ministers to “continue working on developing national economic programs
EBRD interested in acquiring stakes in United Bank, Banque du Caire
The European lender has lodged interest with the sovereign fund and is waiting for clarity about the size of the…
Due diligence on United Bank hasn’t started yet, says CBE
Due diligence will begin by the end of September, central bank says
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