Egypt is accelerating its privatisation programme, with authorities preparing to list stakes in state-owned banks as part of a renewed effort to attract foreign investment and deepen capital markets.
A potential initial public offering of Banque du Caire could take place as early as the second quarter of 2026, according to government officials, marking one of the most significant bank listings on the Egyptian Exchange in recent years.
The move comes as Cairo seeks alternative routes to advance asset sales after several planned stake deals with strategic investors slowed amid global market volatility and heightened regional tensions.
Officials say around 60 state-owned companies are currently being prepared for restructuring and investment, including firms earmarked for transfer to the Sovereign Fund of Egypt or eventual listing on the stock exchange.
The strategy forms part of Egypt’s broader economic reform agenda aimed at boosting private-sector participation, strengthening public finances, and attracting long-term foreign capital.
