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Egypt targets 8-10 flotations of state firms over 18 months

"The companies will include companies listed on the exchange and those not listed." - Egypt Finance Minister Amr El-Garhy


EGYPT is looking to offer shares in eight to 10 state companies on the stock exchange over the next 18 months, Finance Minister Amr El-Garhy told Reuters on Sunday, as part of a drive to attract foreign investors.

The flotations will be the first batch in a programme to float...

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