Bank of Cairo Plans to List 30% of Shares on Stock Exchange
Bank of Cairo announced its intention to list 30% of its capital by selling shares owned by Bank Misr in Egypt and internationally.
Translated by Qiyas from النهار — Original source
The Bank of Cairo announced its intention to list 30% of its capital on the Egyptian Stock Exchange, through the sale of 4.575 billion existing shares held by Bank Misr, via a public offering in Egypt and a private placement for qualified investors in Egypt and several international markets. The bank stated in a press release that the offering is currently pending the completion of necessary regulatory approvals, including approval from the Financial Regulatory Authority for the offering prospectus, the registration of the bank’s shares, and approvals from the Egyptian Exchange. The subscription for the offering is expected to be completed by late October 2026, with trading in the shares to begin in November 2026, subject to obtaining the required regulatory approvals.
