Cairo – Mubasher: Egypt’s Minister of Petroleum denied floating shares of either Cairo Oil Refining or any oil state-run oil companies on Cairo bourse, said Hamdy Abd Al-aziz, the ministry’s spokesman.
Only oil ventures will be listed in the Egyptian Exchange (EGX), the spokesman added.
Earlier, the government announced its plan to offer a share of successful state-owned companies and banks on EGX, repeating its FY15 move when having listed Sidi Kerir, Telecom Egypt, and AMOC.
