3rd of November 2026

Sharkawy & Sarhan acted as Egyptian counsel to IFC on its equity investment of approx. $100 million in the initial public offering (IPO) of Banque du Caire (BdC) as part of the Egyptian government’s privatization program

Sharkawy & Sarhan is delighted to have acted as Egyptian counsel to the International Finance Corporation (IFC) on its equity investment of approximately USD 100 million in the initial public offering (IPO) of Banque du Caire (BdC), one of Egypt’s leading banking institutions, as part of the Egyptian government’s privatization program.

The transaction represents another important milestone for Egypt’s financial and banking sector. Long anticipated by the market, BdC’s listing is one of the largest IPOs on the Egyptian Exchange. The offering drew record demand from institutional investors, reflecting growing international confidence in Egypt’s capital markets and its banking sector.

It was a pleasure working alongside our colleagues at Hunton Andrews Kurth LLP, who acted as international counsel to IFC.

The Sharkawy & Sarhan team was led by Partner Lamiaa Youssef and Senior Associate Menna Abouzekry, with support from Junior Associates Nour Khaled and Saif El Assal.

 

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3rd of November 2026

Sharkawy & Sarhan is delighted to have acted as Egyptian counsel to the International Finance Corporation (IFC) on its equity investment of approximately USD 100 million in the initial public offering (IPO) of Banque du Caire (BdC), one of Egypt’s leading banking institutions, as part of the Egyptian government’s privatization program.

The transaction represents another important milestone for Egypt’s financial and banking sector. Long anticipated by the market, BdC’s listing is one of the largest IPOs on the Egyptian Exchange. The offering drew record demand from institutional investors, reflecting growing international confidence in Egypt’s capital markets and its banking sector.

It was a pleasure working alongside our colleagues at Hunton Andrews Kurth LLP, who acted as international counsel to IFC.

The Sharkawy & Sarhan team was led by Partner Lamiaa Youssef and Senior Associate Menna Abouzekry, with support from Junior Associates Nour Khaled and Saif El Assal.

 

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