Egypt will sell a stake in state-owned United Bank via a local initial public offering, as the North African nation presses on with plans to attract a fresh wave of foreign investment through the sale of public assets.

The Central Bank of Egypt is currently pursuing approval from the Financial Regulatory Authority and the Egyptian Stock Exchange

Egypt's central bank aims to sell shares in state-owned United Bank in an initial public offering (IPO) on the stock exchange by the end of March, it said in a statement on Sunday. It did not say how

Egypt’s central bank plans to sell shares in state-owned The United Bank in an initial public offering on the stock exchange by the end of the first qua