Egyptian Stock Market: Regulator Says Military-Owned Firms May List in 2022 - Bloomberg
Some military-owned companies could sell stakes on the Egyptian stock market this year, the head of the country’s market regulatory agency said Monday.
Mohamed Omran, speaking to reporters, didn’t provide additional details. But the disclosure suggests momentum for a proposal put forward in 2019 by President Abdel-Fattah El-Sisi.
More broadly, the government has also relaunched a stalled program to sell or list additional stakes or IPO some entities owned by the state.
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