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Minister: IPO programme to be launched in June
The Egyptian Gazette Published in The Egyptian Gazette on 23 - 05 - 2018

CAIRO, May 23, 2018 (MENA) - Minister of Public Sector Khaled Badawi has said that a programme for floating shares of state-owned companies on the stock market will be launched in June.
The government has announced plans to float stakes in four to six state-owned firms in the sectors of petroleum, industry and petrochemicals on the Egyptian Exchange as of June. The value of the floated stakes is estimated at LE15 billion-LE18 billion.

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