Egypt bourse approves listing of Banque du Caire

Egypt’s bourse has approved the listing of state-owned Banque du Caire, a statement from the bourse said on Wednesday.

Banque du Caire applied to list on the Egyptian exchange with a capital of 2.25 billion Egyptian pounds ($123.97 million), the bourse said on Feb. 1. ($1 = 18.1500 Egyptian pounds)