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Egypt to Sell Stake in United Bank
Egypt to sell United Bank stake by end of March, central bank says
Egypt's central bank aims to sell shares in state-owned United Bank in an initial public offering (IPO) on the stock exchange by the end of March, it said in a statement on Sunday. It did not say how
Egypt to Sell Stake in United Bank Through IPO in Early 2025
Egypt will sell a stake in state-owned United Bank via a local initial public offering, as the North African nation presses on with plans to attract a fresh wave of foreign investment through the sale of public assets.
Egypt Central Bank to list United Bank on stock exchange by Q1 2025
The Central Bank of Egypt has decided to offer a stake in United Bank’s (UB) shares on the Egyptian Stock Exchange, and is currently working on obtaining the required approvals related to the offering, media reports said. The approvals required include that from the Financial Regulatory Authority and the Egyptian Stock Exchange.
Egypt to Offer United Bank Stake in IPO Amid Asset Sale Push
Egypt will offer a stake in state-held United Bank on the Egyptian stock market, the central bank said Sunday, as the government pushes ahead with a public asset sale program that’s part of an effort to bring in foreign investors.
Middle East Eye
17m
Egypt asks citizens to leave breakaway Somaliland as Somalia-Ethiopia tensions mount
Cairo also issued a travel warning amidst security concerns which coincide with warming military ties with Mogadishu ...
The Media Line
6h
Egypt Warns of Regional Escalation as Cease-fire Negotiations Stumble
Egypt’s Foreign Minister Badr Abdelatty warned on Sunday of the growing risk of an all-out regional war as fighting between ...
3d
on MSN
Sword with markings of ancient pharaoh Ramses II unearthed in Egypt, archaeologists say
Ramses the Great is credited with expanding Egypt's reach as far as modern Syria to the east and Sudan to the south.
Zawya
4h
Egypt's Entrepreneur Awards announces fourth edition winners of 2024; #People of Now
Cairo: Egypt’s Entrepreneur Awards (EEA) announced the winners of its various categories during the closing ceremony of its ...
4d
on MSN
Sword with pharaoh’s mark found in Egypt, still shimmering 3,000 years later
The bronze sword was unearthed by archaeologists at an ancient fort in the Nile Delta. It was emblazoned with the signature ...
4d
Egypt PM says Saudi's planned $5 bln investment independent of cenbank deposit
Egypt's Prime Minister Mostafa Madbouly said on Thursday that a planned Saudi Arabian investment of $5 billion in Egypt is ...
Zawya
14h
Kuwaiti investments in Egypt estimated to be $20bln
During a press conference held at the embassy yesterday morning, he affirmed that this meeting is one of the most prominent outcomes of the state visit by His Highness the Amir of Kuwait Sheikh Mishal ...
4d
Egypt’s Gas Output to Return to Normal Levels Next Year, PM Says
Egypt’s natural gas production will return to normal levels by June 2025, the prime minister said, just as a recent output ...
8d
on MSN
At least three killed as trains collide in Egypt
At least two people have been killed and 29 injured in a train collision in Egypt, the Egyptian health ministry said Saturday ...
Energy Central
4h
No power cuts in Egypt again: Prime Minister Mostafa Madbouly
Egyptian Prime Minister Mostafa Madbouly has formally announced the end of the country’s electricity outage crisis. In a ...
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