Sources: Despite EGX listings, govt unlikely to launch offerings in current economic conditions
The Cabinet announced on Tuesday evening that 10 state-owned companies had been temporarily listed on the Egyptian Exchange, one of several measures to develop the state’s privatization program it said has prompted “great interest and praise” from international institutions. Observers of the Egyptian economy have long called for the government to move toward privatization to grant private capital broader access to the domestic market. But it comes at a moment […] The post Sources: Despit...
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