Half of BdC’s proceeds to the treasury

At home, capital markets and industrial milestones carried the week while the regional war and a weeks-long EGX sell-off sat in the background.

The treasury will take up to half of the EGP 36.37 bn (c. USD 658 mn) raised in Banque du Caire’s (BdC) IPO put it toward easing public debt pressures…