The public offering of the United Bank on the Egyptian Exchange (EGX) has been oversubscribed by 59 times, as per an EGX announcement on December 3rd.
🇪🇬 Egyptian Exchange
33,002.85 +404.22 (+1.24%)EGX 30 INDEX | As of 25-Jun-2025
| 1M | 3M | YTD | 1Y | 2Y |
| +3.06% | +3.91% | +10.97% | +21.05% | +90.90% |
| Value Traded (Mln EGP) 5,424.24 | Volume 1,784,540,152 |
| Transactions 128,453 | Market Cap. (Bln EGP) 2,431.89 |
25-Jun-2025
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The Egyptian Exchange (EGX) has announced the dates for opening the Special Deals Market (OPR) to register buy and sell orders for The United Bank shares.
Fitch Ratings has upgraded Commercial International Bank (Egypt) S.A.E. (CIB) 's Long-Term Issuer Default Rating (IDR) to 'B' from 'B-' and its Viability Rating (VR) to 'b' from 'b-'. The Outlook is Stable.
The United Bank has announced plans to offer 30% of its shares, approximately 330 million, in a secondary offering on the Egyptian Exchange (EGX), according to a press release.
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