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Egypt to offer companies on stock exchange as of September – minister tells Reuters

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content Egypt will start offering shares in state companies on the country’s stock exchange starting from September, Public Enterprise Minister Hisham Tawfik told Reuters on Saturday. The minister said that the move had been postponed until after the end…
byAva Gardner
May 8, 2022
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Egypt to offer companies on stock exchange as of September – minister tells Reuters
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Egypt will start offering shares in state companies on the country’s stock exchange starting from September, Public Enterprise Minister Hisham Tawfik told Reuters on Saturday.

The minister said that the move had been postponed until after the end of the summer vacation period.

The government had planned to offer shares in 4-6 companies during the current fiscal year that runs to end-June. (Reporting by Momen Saeed Atallah, Writing by Nayera Abdallah; Editing by Kirsten Donovan)

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