Africa

Egypt unfolds aggressive plan for sale of state enterprises

by Editor

January 21, 2018 | 7:04 pm
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Finance Minister Amr El-Garhy at a news conference in Cairo, Egypt August 11, 2016. REUTERS/Mohamed Abd El Ghany

Egypt is looking to offer shares in eight to 10 state companies on the stock exchange over the next 18 months, Finance Minister Amr El-Garhy told Reuters on Sunday, as part of a drive to attract foreign investors. The flotations will be the first batch in a programme to float stakes in dozens of state-owned…

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by Editor

January 21, 2018 | 7:04 pm
  |     |     |   Start Conversation

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Analysis
Why hotel room rates may not reach the $300 mark soon

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