Asharq Al-awsat English https://aawsat.com/english Middle-east and International News and Opinion from Asharq Al-awsat Newspaper http://feedly.com/icon.svg

Egypt to Offer Companies on Stock Exchange as of September

Egypt to Offer Companies on Stock Exchange as of September

Saturday, 7 May, 2022 - 16:30
The Nile River in Cairo. (Getty Images)

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.


Editor Picks

Multimedia