Egypt seeks private-sector participation in state-owned assets worth $10 bln annually for 4 years -TV

Egyptian President Abdel Fattah al-Sisi ordered the government to set a program for the private sector’s participation in state-owned assets, with a target of $10 billion annually for four years, private television channel Extra News reported on Tuesday. The broadcaster did not mention any other details about the method of participation.

The Egyptian president also ordered the government to list army-owned enterprises on the Egyptian stock exchange before year end, according to state TV.

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