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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 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
59m
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 ...
Arab Times
59m
NBK-Egypt Signs Cooperation Protocol to Provide Equipment for Baheya Hospital New Branch in Sheikh Zayed
NBK-Egypt signed a cooperation protocol for the fourth time with Baheya Foundation for Early Detection and Treatment of ...
The Media Line
8h
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 ...
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 ...
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’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 ...
internationaltaxreview
5h
The subject to tax rule and its impact on Egypt
While the rule could result in enhanced tax revenues, Egypt must consider its effect on foreign direct investment, say Rabie ...
Zawya
16h
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 ...
Energy Central
6h
Egypt Announces End to Year-Long Load Shedding Program
Prime Minister Mostafa Madbouly announced the conclusion of the load shedding program, which started in July 2023 across ...
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 ...
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