Egypt targets 10 state-run company listings in 2022, says minister


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Thu, 2022-02-03 18:16

RIYADH: Egypt aims to float ten state-run companies on its stock exchange this year, in the form of initial public offerings and secondary offerings.

The announcement by the country’s finance minister Mohamed Maait, reported by Asharq, follows a cabinet statement on Tuesday, Feb. 1, as part of wider efforts to lure foreign investment and scale the Egyptian market’s attractiveness.

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