Egypt, Nov. 2 -- The European Bank for Reconstruction and Development (EBRD) is supporting Egypt's privatisation programme and capital market development by making a US$ 100 million equity investment in the initial public offering (IPO) of Banque du Caire (BdC), one of Egypt's largest commercial banks.The investment is being made jointly with the International Finance Corporation, which is also investing US$ 100 million in the offering, bringing the total investment by both multilateral development banks to US$ 200 million.The IPO, in which 45 per cent of BdC's common shares are being listed on the Egyptian Exchange (EGX), marks a significant milestone in Egypt's state ownership and privatisation programme and is expected to deepen local ca...