Banque du Caire, Misr Insurance to be offered on stock exchange

Companies offered on the stock exchange, including Banque du Caire and Misr Insurance company, will attract local and foreign investors, Mohamed Maher, head of the Egyptian Capital Market Association (ECMA), said.

The data of companies to be offered on the stock exchange will be released next week, he added.

Maher added in televised statements that the flotation of the pound relatively provided hard currency, prompting the market to move in a positive direction.