The United Bank
CI Capital is acting as the lead manager for the share offering, with Commercial International Brokerage as the broker, and Baker Tilly serving as the financial advisor.
The bank revealed the retail portion of its offering will take place between November 20 and 25, while the institutional segment will run from November 27 to December 3.
The IPO could raise between LE 4.2 billion and LE 5.1 billion, with the final price to be determined through a book-building process.
The agreement may be completed within December 2022.
