Egypt raises over $650 million in Banque du Caire IPO
Egypt sold shares of the state bank on Monday. It raised more than $650 million.
Why it matters: Egypt is raising cash by selling state assets.
Sources: Africanews · See it on the globe
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The story so far · 4 days, October 20 to November 2, 2026
Egypt raises over $650 million in Banque du Caire IPO
One Turn followed this story across 4 editions, from Mumbai, India on October 20, 2026. Newest first.
Egypt has a privatization program.
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- Ambani's Jio Platforms launches what may be India's biggest IPO
- Jio Platforms soars 21% on debut after record IPO
- Jio Platforms raises $3.2 billion in India's biggest IPO
- Egypt raises over $650 million in Banque du Caire IPO
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Jio Platforms raises $3.2 billion in India's biggest IPO
Jio drew about $77 billion in bids. It becomes India's second most valued firm.
Why it matters: Signals strong investor appetite for India.
Sources: CNBC, AFP via France 24 via Wikipedia · See it on the globe
Jio Platforms soars 21% on debut after record IPO
Jio shares rose about 21% at listing in Mumbai. It raised $3.2 billion, India's largest IPO, with about $77 billion in bids.
Why it matters: It signals strong investor appetite for Indian companies.
Sources: BBC Hindi, AFP via France 24 via Wikipedia · See it on the globe
Ambani's Jio Platforms launches what may be India's biggest IPO
Mukesh Ambani's Jio Platforms, backed by Meta and Google, is launching what could be India's largest initial public offering, aiming for a valuation of about £81bn when it lists on Wednesday. The listing goes ahead despite a downturn in Indian stocks.
Why it matters: The size of the listing makes it a test of investor appetite for Indian equities during a market slump.
Sources: The Guardian · See it on the globe