Thirty two state-owned companies, including three banks and two companies (Wataniya and Safi), will be offered on the stock exchange or to a strategic investor over the course of a year. This will inevitably cover 18 sectors and economic activities, Egyptian Prime Minister Mostafa Madbouly announced, in a press conference, Wednesday. Madbouly announced that the government is preparing different scenarios for the Egyptian economy, with the help of experts. This is within a framework time period of two years, in light of the extended repercussions of the Russian-Ukrainian crisis. Madbouly said 25 percent of these companies will be offered for sale within six months, which is an important step
Hence then, the article about 29 state owned companies 3 banks to be offered for sale pm was published today ( ) and is available onEGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( 29 state-owned companies, 3 banks to be offered for sale: PM )