Egypt seeks to offer additional stakes in Egypt Aluminum, Kima on EGX

Image used for illustrative purpose. Partnership between Emirates Global Aluminium and cement companies across the country has radically reduced polluting nitrogen oxides emissions.

The ministry has begun the necessary procedures for the offerings and is in the process of appointing an investment bank to provide technical advising

Staff Writer, Arab Finance

September 19, 2024

PHOTO
Image used for illustrative purpose. Partnership between Emirates Global Aluminium and cement companies across the country has radically reduced polluting nitrogen oxides emissions.

Egypt is seeking to offer additional stakes in Egypt Aluminum and Egyptian Chemical Industries (KIMA) on the Egyptian Exchange (EGX), Asharq Business reported, citing Minister of Public Business Sector Mohamed Shimy.

The ministry has begun the necessary procedures for the offerings and is in the process of appointing an investment bank to provide technical advising, he added.

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