Egypt announces details of IPOs program in 2 weeks ...Egypt

Egypt’s government is set to announce within two weeks the details of the initial public offerings (IPOs) program of the state-owned companies on the Egyptian Stock Exchange. Egyptian Prime Minister Mostafa Madbouly said in statements from the New Administrative Capital on Saturday that “The cabinet will announce a plan naming all the companies to be offered throughout the year 2023.” Madbouly added that he previously discussed the revitalization of the Egyptian Stock Exchange. He assured that in less than two weeks, the plan to offer government companies on the Stock Exchange will be announced. During the press conference, he added that a number of international institutions have praised th

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