New Administrative Capital mulls listing on EGX, turning into holding firm

By: Abdullah Bedier

Cairo – Mubasher: The New Administrative Capital company is currently considering listing on the Egyptian Exchange (EGX), deputy chairman Mohamed Abdel Latif said in a speech during the fourth session of Builders of Egypt Forum on Sunday.

The company is also studying the possibility to turn into a holding company that owns a number of companies, Abdel Latif added.

The newly established firm has started this study with the manpower and immigration ministry since Ashraf El-Sharqawy was the minister, he said.

MUBASHER Contribution Time: 04-Mar-2018 11:19 (GMT)
MUBASHER Last Update Time: 04-Mar-2018 12:47 (GMT)