Turkish Defense explains Mecca Agreement aims and mechanisms
The article discusses the Egyptian government's plan to offer portions of the "E Finance" company for investment in the stock market, as part of the public offerings program, with the goal of raising 102 billion Egyptian pounds by the fiscal year 2025-2026. The procedures include offering shares through public auctions, with expectations that the majority of the shares will be allocated to institutional investors. It also mentions that the government aims to attract both local and foreign investments and to provide opportunities for citizens to subscribe to the company, in order to enhance the role of the private sector and expand in the financial market.
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