Egypt to Sell Stakes in 32 State-Owned Companies by 2024 ...Egypt

Egyptian Streets - News

Photo credit: Daily News Egypt The Egyptian cabinet announced on Wednesday that it would sell stakes in 32 state-owned firms over the next 13 months. According to the statement, stakes in the released list of companies, which may be updated to include additional companies over the next year, are to be sold to the Egyptian stock exchange or to strategic investors. The companies, the full list of which is available at the bottom of the article, work in multiple fields, namely banking, insurance, agriculture, energy, oil, and tourism and include the likes of Banque du Caire, Misr Insurance, Misr Pharma, and The United Bank. During the cabinet meeting, Egyptian Prime Minister Mostafa Madbouly ex

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Last updated : 09 February 2023 clock 03:09 PM

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Egypt to Sell Stakes in 32 State-Owned Companies by 2024 ...Egypt

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