Egypt to list more state companies on stock exchange

Egypt is selling state firms amid its economic crisis and Gulf entities are particularly interested in acquiring them.
MAHMOUD kHALED/AFP via Getty Images
Stock brokers gesture during trading at the Egyptian Stock Market on Nov. 25, 2012, in Cairo. - MAHMOUD kHALED/AFP via Getty Images
Al Monitor: The Pulse of the Middle East
Al-Monitor Staff

The Egyptian government is selling two state companies.

Yesterday the Egyptian cabinet approved the listing of the National Company for Petroleum and the National Company for Natural Water in Siwa on the Egyptian stock exchange, the state-owned news outlet Al-Ahram reported. 

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