Banque du Caire Sees Strong IPO Interest Despite Mideast War

AI Summary

Egypt’s state-owned Banque du Caire is attracting strong interest in a planned sale of a 30% stake. The offering is proceeding despite turmoil elsewhere in the Middle East as Egypt hosts major IPOs.

Egypt’s state-owned Banque du Caire is seeing strong interest in its sale of a 30% stake this month, as the Middle East’s most populous nation shrugs off turmoil elsewhere in the region to host two major initial public offerings.