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 ...

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 ...

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 ...

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.

The bank intends to allocate 95% of the offering shares (313.5mln) to institutional investors and 5% (16.5mln shares) to retail investors ...

Egypt has started selling a stake of as much as $110 million in United Bank, the country’s first initial public offering in ...

Egypt’s pound has slipped to its lowest level since a devaluation in March, amid a broad sell-off in emerging markets and ...

Minister of Foreign Affairs Badr Abdelatty and his French counterpart Jean-Noel Barrot discussed efforts to de-escalate ...

Egypt’s United Bank has announced the opening of the private placement market for registering buy and sell orders on its shares on the Egyptian Exchange (EGX) starting tomorrow, Wednesday, until 25 ...