Egypt to unveil the oil companies to be floated on EGX by Nov – Official

Cairo – Mubasher: Egypt’s government will announce the names of the companies, operating within the oil field, that it intends to float on the Egyptian Exchange by next November, said Minister of Petroleum Tareq El Molla.

The government plans to float a 20% stake in each company, noted minister.

Earlier, El Molla said the government may offer stakes in eight public oil companies on Egypt’s bourse.

MUBASHER Contribution Time: 14-Nov-2016 12:58 (GMT)
MUBASHER Last Update Time: 14-Nov-2016 12:58 (GMT)