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Offering

United Bank completes public, private offering of 330M shares worth EGP 4.57B

The share price was set at EGP 13.85 per share, raising a total of EGP 4.57 billion across two tranches.

Egypt qualifies two army affiliated companies to be floated on EGX

This comes as a step of a postponed plan to float a number of army-affiliated companies on the EGX through Egypt’s Sovereign Wealth Fund (SWF).