24 Hrs
Source:
مأرب برس
Tehran targets Saudi Turkey Pakistan pact
The article details the Egyptian government's plan to issue four state-owned companies through an initial public offering (IPO) on the market between July 2026 and August 2026, aiming to raise approximately 41 billion Egyptian pounds. This initiative is part of the government's offerings program designed to enhance the private sector's contribution to the economy. The report indicated that oil, gas, and energy companies are among the most prominent entities targeted for listing. It also mentioned that the government continues its preparations by conducting technical and financial studies and coordinating with financial advisors. The plan also includes issuing additional shares for other companies, with specific deadlines set to achieve financial and investment goals. This effort reflects the government's broader strategy to strengthen the financial market and foster greater partnership between the public and private sectors.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)