Deputy Prime Minister: 30 firms in offering stage
The Deputy Prime Minister and Head of the State-Owned Enterprises Unit indicated that the government continues to prepare for and facilitate the offering of 20 companies affiliated with the Public Business Sector, in addition to 10 other companies from the Petroleum Sector, bringing the total number of companies targeted in the current phase to 30. The offering process follows a transparent methodology that includes an independent financial advisor's fair value assessment and strict regulatory procedures, with the expectation of completing the Cairo Bank offering in the last quarter of this year.
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