Government Approves Offering of 30% to 45% Stake in Banque du Caire

The Egyptian government has approved plans to offer between 30% and 45% of Banque du Caire’s shares on the Egyptian Exchange.

The approval gives the green light for a share offering within that range, rather than setting a single percentage for the stake to be sold.

The decision followed Cabinet approval at its 116th meeting, held on October 22, 2026.

Banque du Caire, an Egyptian joint-stock company, is the subject of the planned offering. The announcement did not specify a sale timetable, share price or expected proceeds.

The final size of the stake to be offered remains unspecified within the approved 30% to 45% range.