Egyptian exchange sets Banque du Caire IPO price at EGP 5.30 per share; offering covered 6 times

The Egyptian stock exchange announced the offer price for Banque du Caire's initial public offering at EGP 5.30 per share. The exchange also said the offering was covered 6 times, citing international institutions' confidence in the Egyptian economy.

Detected & updated continuously · Source: Nebula