Egypt to list two army-affiliated companies for investors ...Kuwait

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Egypt to list two army-affiliated companies for investors
The Egyptian government announced that two military-affiliated companies operating in the local market will be listed on Wednesday, while an initial public offering (IPO) advisor had been contracted to facilitate the necessary data for potential investors.  The two army-run companies are Safi, which produces bottled mineral water, and Wataniya Petroleum, a nationwide chain of petrol stations. The government will also put forward four other major companies via international banks, a cabinet statement said on Sunday, without naming these companies. The economic influence of the Egyptian military institution tremendously increased after President Abdel-Fattah al-Sisi, th

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