Egypt has approved the prospectus for the sale of a 30% stake in state-owned Banque du Caire, paving the way for a potential $454 million share offering. The Financial Regulatory Authority authorized the sale of up to 4.575 billion existing shares held by Banque Misr, with the stake potentially increasing to 45%, subject to investor demand and regulatory requirements. Approximately 95% of the offering will be allocated to qualified investors, while retail investors will receive the remaining 5%. Orders are scheduled for October 19–23, with the final price expected by October 26 and trading anticipated in November. The transaction forms part of Egypt’s broader privatization program, intended to attract private capital, improve corporate governance, and expand investment opportunities in state-owned businesses.