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


Reuters | Updated: 07-05-2022 20:40 IST | Created: 07-05-2022 20:40 IST
Egypt to offer companies on stock exchange as of September - minister tells Reuters

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.

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