Arab Finance: The United Bank of Egypt is set to embark on a roadshow across the Gulf region, Europe, and the US over the next two months to promote its shares under listing plans on the Egyptian Exchange (EGX) in the first quarter (Q1) of 2025, CEO Ashraf El-Kady told Asharq Business on September 23^rd.

A day earlier, the Central Bank of Egypt (CBE) decided to list a portion of the United Bank's shares on the EGX.

El-Kady noted that the maximum share available for the offering is 49%.

CI Capital will oversee the offering process, while Baker & McKenzie will serve as the legal advisor.

Founded in 2006, the United Bank offers a wide range of services to individuals, companies, and small- and medium-sized enterprises (SMEs). It also provides Islamic banking services, among others.

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