Offerings
Prime Minister Mostafa Madbouli revealed on Wednesday that the government will announce soon its plan of listing more than 20 companies on the Egyptian Stock Exchange (EGX).
El-Dokany stressed that the current period requires work to restore the confidence of the foreign investor to return to the Egyptian Stock Exchange, in addition to restoring the confidence of the local investor.
EGX annual bulletin revealed that the private offerings hit LE 4.68 billion, compared to LE 3.39 billion in previous year.
EGX will take a decision regarding stock market listing of state-owned companies and banks in the first quarter of 2018.