The Financial Regulatory Authority (FRA) agreed to increase the stake offered for sale in Banque du Caire’s initial public offering (IPO) from 30% to 45% of the total issued share capital

The initial public offering (IPO) of Banque du Caire has attracted subscription orders for approximately 453.6 million shares in the public tranche, representing a coverage ratio of 1.98 times the 228.75 million shares allocated to retail investors.

MNT-Halan celebrated the commencement of trading in its shares on the Egyptian Exchange (EGX) under the ticker symbol HALN.CA after attracting strong investor demand for its initial public offering (IPO).

EFG Hermes, a subsidiary of EFG Holding, has successfully concluded its role as joint global coordinator and joint bookrunner on MNT-Halan's initial public offering (IPO) on the Egyptian Exchange (EGX).

Banque du Caire and its major shareholder, Banque Misr, have signed cornerstone investment agreements with a group of qualified investors to purchase about 63% of the shares allocated to the first tranche of its private placement, which represents 95% of the total shares offered for sale.

The public offering of Banque du Caire on the Egyptian Exchange (EGX) has attracted subscriptions for approximately 97.01 million shares on its first day, equivalent to 0.424 times the total number of shares offered.

Banque du Caire has set the indicative price range for its initial public offering (IPO) on the Egyptian Exchange (EGX) between EGP 4.82 and EGP 5.30 per ordinary share.

The Financial Regulatory Authority (FRA) approved the prospectus for a 30% share offering in Egyptian state-owned lender Banque du Caire, with an indicative value of approximately EGP 24.25 billion at the upper end of the proposed price range, as per a statement.

The retail tranche of MNT-Halan’s initial public offering (IPO) attracted orders for approximately 2.093 billion shares on its sixth and final subscription day, with demand reaching 43.6 times the 48 million shares allocated to retail investors.

Egypt has increased the stake it plans to offer in Banque du Caire on the Egyptian Exchange (EGX) to 45%, from 30% previously, an unnamed official source told Asharq Business.

MNT-Halan has closed subscriptions for the private tranche of its initial public offering (IPO) on the Egyptian Exchange (EGX), with the tranche 11.2 times oversubscribed at an offer price of EGP 24.50 per share, as per an emailed press release.

The retail tranche of MNT-Halan’s initial public offering (IPO) drew subscription orders for approximately 252.51 million shares by the fourth day of the offering, exceeding the 48 million shares allocated to individual investors by 5.26 times.

The retail tranche of MNT-Halan’s initial public offering (IPO) attracted orders for approximately 128.81 million shares on its third day, covering the 48 million shares available to individual investors about 2.68 times.

Egypt Education Platform (EEP) is getting ready to offer around 25% of its shares on the Egyptian Exchange (EGX), with the offering likely to take place in November, according to media reports citing informed sources.

Banque du Caire plans to offer 30% of its issued share capital on the Egyptian Exchange (EGX) through an initial public offering (IPO), with Banque Misr selling 4.575 billion existing ordinary shares.

MNT-Halan is set to offer 320 million shares, equivalent to 20% of its total share capital of 1.6 billion shares, at an offering price of EGP 24.50 per share.

EFG Holding is preparing for the listing of three additional companies on the Egyptian Exchange (EGX) in 2026, Group CEO Karim Awad said at the EnterpriseAM Forum.

The Commercial International Bank (CIB) has entered into a cornerstone investment agreement with MNT-Halan, committing to invest up to EGP 2 billion in the international offering forming part of MNT-Halan’s planned IPO on the Egyptian Exchange (EGX).

Metad Helwan for Metal Rolling plans to list a 15%–30% stake on the Egyptian Exchange (EGX) in the second half (H2) of 2027

The Egyptian Exchange’s (EGX) market capitalization has surpassed EGP 4.3 trillion, while average daily trading value has approached a record EGP 10 billion, EGX Executive Chairman Omar Radwan said.