Banque du Caire Shares Debut in State Asset Sale
Banque du Caire shares debuted as part of Egypt's state asset sale.
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11:43:17 AM UTC
SquawkNews
Egypt's Banque du Caire (BQDC.CA) rose as much as 7% in its stock market debut on Monday after the government sold a 45% stake, completing a landmark state asset sale that had been delayed for nearly two decades.Reducing the state's role in the economy is a key pillar of Egypt's $8 billion loan pro…