{"id":573675,"date":"2020-08-13T04:06:36","date_gmt":"2020-08-13T04:06:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-du-caire-ipo-on-hold-until-2021\/"},"modified":"2020-08-13T04:06:36","modified_gmt":"2020-08-13T04:06:36","slug":"banque-du-caire-ipo-on-hold-until-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-du-caire-ipo-on-hold-until-2021\/","title":{"rendered":"Banque du Caire IPO on hold until 2021"},"content":{"rendered":"

<\/a> IPO WATCH- Banque du Caire\u2019s IPO isn\u2019t happening before 2021: <\/strong>State-owned Banque du Caire\u2019s (BdC) plans to debut on the EGX won\u2019t be seeing the light of day until next year once the covid-19 pandemic has subsided, Masrawy<\/a> reports, citing unnamed sources familiar with the matter. The bank had planned to float 20-30% of its shares on the exchange in April but shelved the listing<\/a> due to the market turmoil caused by the virus.<\/p>\n

Background: <\/strong>BdC was hoping to raise some USD 500 mn via its IPO on the EGX in what was expected to be the country\u2019s biggest sale of state assets<\/a> since 2006. The European Bank for Reconstruction and Development<\/a>, the Sovereign Fund of Egypt, and Abu Dhabi Development Holding<\/a> were reportedly considering purchasing a stake.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO WATCH- Banque du Caire\u2019s IPO isn\u2019t happening before 2021: State-owned Banque du Caire\u2019s (BdC) plans to debut on the EGX won\u2019t be seeing the light of day until next year once the covid-19 pandemic has subsided, Masrawy reports, citing unnamed sources familiar with the matter. The bank had planned to float 20-30% of its […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[3816,726,571,72,78,370,2380,1901],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573675","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-abu-dhabi-development-holding","tag-banque-du-caire","tag-ebrd","tag-enterpriseam","tag-ipo-watch","tag-sovereign-fund-of-egypt","tag-speed-round","tag-tarek-fayed","wpautop","entry"],"acf":{"mongo_id":"0fe4f6bd-8bf6-4120-8fbd-63220c888e2f","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[573670],"teaser":"","voice_url":""},"yoast_head":"\nBanque du Caire IPO on hold until 2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-du-caire-ipo-on-hold-until-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque du Caire IPO on hold until 2021\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Banque du Caire\u2019s IPO isn\u2019t happening before 2021: State-owned Banque du Caire\u2019s (BdC) plans to debut on the EGX won\u2019t be seeing the light of day until next year once the covid-19 pandemic has subsided, Masrawy reports, citing unnamed sources familiar with the matter. The bank had planned to float 20-30% of its […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-du-caire-ipo-on-hold-until-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-13T04:06:36+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-du-caire-ipo-on-hold-until-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-du-caire-ipo-on-hold-until-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque du Caire IPO on hold until 2021\",\"datePublished\":\"2020-08-13T04:06:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-du-caire-ipo-on-hold-until-2021\/\"},\"wordCount\":137,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abu Dhabi Development Holding\",\"Banque du Caire\",\"EBRD\",\"EnterpriseAM\",\"IPO watch\",\"Sovereign Fund of Egypt\",\"SPEED ROUND\",\"Tarek Fayed\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-du-caire-ipo-on-hold-until-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/banque-du-caire-ipo-on-hold-until-2021\/\",\"name\":\"Banque du Caire IPO on hold until 2021 - 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