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Banque de Caire IPO, United Bank to help Egyptian bank re-rating
Egyptian banks look set to rebound from their low valuations in 2020, with interest rates and corporate actions likely to prove the triggers. Mohamed Saad, equity analyst at SHUAA Egypt in Cairo, argues that the valuations which are likely to be used in the long-awaited IPO of Banque du Caire…
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Click here to read the full story: The Africa Report