Wednesday 15 August 2018
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23 days ago

Egypt mulls majority stake offerings in more public firms

Egypt is considering adding companies to the list of state-run firms in which investors can secure majority stakes as it readies to launch a program aimed at reviving the battered public sector. The government is planning to start with the sale of Heliopolis Housing and Eastern Tobacco in October, Public Enterprise Minister Hisham Tawfik said in an interview.

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