Arab FinancePrime Minister Dr. Mostafa Madbouly announced that the Egyptian government will reveal in the coming period the offering of three to four companies affiliated with the armed forces on the Egyptian Stock Exchange, as part of the anticipated offering plan that will be announced in detail in the coming weeks.
Madbouly explained during a press conference that this step comes within the framework of the government’s strategy to enhance the participation of the private sector in the national economy, and increase transparency by listing companies on the stock exchange, which contributes to attracting investments and promoting economic development.
The Prime Minister also indicated that full details about these proposals will be available soon, as the announcement of the numbers and procedures related to them will be followed up in detail at a later time.
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