Egypt is preparing to list 10 companies within the government’s IPO program in the stock market during the first half of the upcoming fiscal year, while studying to provide tax incentives in new geographical cities – including the New Administrative Capital, the Suez Canal area and el-Alamein – for certain sectors. Egyptian Finance Minister Mohamed Maait explained that 10 companies will be offered within the government offering program in the stock market but he did not reveal the names of the companies and sectors operating in them. He added that the government plans to issue sukuk certificates in general, and that part of the financing in the new fiscal year will be through sukuks. He note
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