Arab Finance: The National Company for the Sale and Distribution of Petroleum Products (Watania) and the National Natural Water Bottling Company (Safi) are expected to be among the four companies affiliated with the armed forces that will be listed on the Egyptian Stock Exchange, according to the Al Arabiya website.
The two companies are also currently undergoing a re-evaluation in preparation for the planned offering in the first quarter of next year, and Prime Minister Mostafa Madbouly announced last week that three to four companies affiliated with the armed forces are scheduled to be listed on the Egyptian Stock Exchange, as part of a broader plan for offerings that will be revealed this week, according to statement Issued by the Council.
In the same context, Dr. Mostafa Madbouly noted that the IPO plan will be announced for the coming period, noting that there are companies that will be announced in the areas of the banking sector, the industrial sector, the pharmaceutical industry sectors, and in various investment sectors, where they will be presented in detail as procedures and numbers. .
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