Egypt to sell more shares in Abu Qir Fertilizers within a month

Minister of the public business sector told Reuters

  
A trader works at the Egyptian stock exchange in Cairo, Egypt, December 3, 2015. Image used for illustrative purpose.

A trader works at the Egyptian stock exchange in Cairo, Egypt, December 3, 2015. Image used for illustrative purpose.

REUTERS/Mohamed Abd El Ghany

CAIRO- Egypt plans to sell additional shares in Abu Qir Fertilizers Company on the local stock exchange within one month at most, the minister of the public business sector told Reuters on Thursday.

Minister Hesham Tawfiq added that an offering of stakes in four state-owned companies will be completed during the first half of 2022.

(Reporting by Momen Said Atallah Writing by Ahmad Elhamy; editing by David Evans)


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