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Egypt to sell United Bank stake - SABC News - Breaking news, special reports, world, business, sport

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Egypt News

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Egypt’s central bank aims to sell shares in state-owned United Bank by the end of March 2025.

’s central bank aims to sell shares in state-owned United Bank in an initial public offering on the stock exchange by the end of March, it said in a statement yesterday.

United Bank increased its total assets to 106 billion Egyptian pounds at the end of June from 72 billion pounds one year earlier, the central bank statement said.

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