Egypt to Hold Press Conference on Privatization Scheme...
International News
July 13, 2023
Egypt has signed contracts with the private sector to sell state-owned entities worth $1.9 billion under the Initial Public Offering programme which the country adopted earlier this year. Authorities in the north African state are targeting up to $40 billion from the sale of state-owned assets in the next four years to plug outflows of hard currency that have crippled its economy.