united bank egypt news

IPO, Egypt and United Bank

Egypt launches United Bank IPO in IMF-backed sale

Egypt has begun the sale of a stake worth up to $104m in United Bank, said to be the country's first initial public offering (IPO) since 2021. This move is a key component of a privatisation programme supported by the International Monetary Fund (IMF).

Gulfbusiness.com on MSN · 3d

Egypt’s United Bank to sell 30% stake via IPO on local bourse

CBE is offering 330 million shares in United Bank at a max price of EGP15.6 apiece, equivalent to 30% of the bank’s total issued share capital.

Reuters on MSN · 3d

Egypt begins partial IPO of state-owned United Bank

Egypt's central bank began the sale of 30% of United Bank on Wednesday, marking only the second privatisation of a state-owned Egyptian lender in four years after a gap of more than a decade. United Bank said in a statement that the sale of 330 million shares could raise up to 5.

bnnbloomberg · 4d

Egypt Begins First IPO Since 2021 in IMF-Backed Asset Sale

Egypt has started selling a stake of as much as $110 million in United Bank, the country’s first initial public offering in three years as it presses ahead with a privatization program being encouraged by the International Monetary Fund.

Mena FN1d

United Bank To Launch Private Placement On EGX

(MENAFN- Daily News Egypt) Egypt's United bank has announced the opening of the private placement market for ...

Hebdo Ahram11d

United Bank eyes raising up to EGP 5.1 bln in EGX offering

The United Bank (UB) is aiming to raise between EGP 4.16 billion and EGP 5.14 billion in the upcoming initial public offering ...

Mint2d

Egypt Begins First IPO Since 2021 in IMF-Backed Sale of Assets

(Bloomberg) -- Egypt started selling a stake of as much as $104 million in United Bank, the country’s first initial public offering in three years as it presses ahead with a privatization ...

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IPO, Egypt and United Bank

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