Steady flow of public offers in Egypt
Article Abstract:
Egypt is carrying out a privatization programme and Helwan Cement is expected to be included with an offer in Jul 1995. Other candidates are Al Ahram Beverages and Alexandria National iron and Steel. Some 10% is likely to be offered on the market with a further 10% going to pension funds of employees. Privatizations already carried out include North Cairo Flour Mills, which was oversubcribed in May 1995, and Torah Cement, also privatized in May 1995.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Egypt starts series of sales for 1995
Article Abstract:
The privatisation of Egypt's state enterprises has been delayed by the dispute between the government and the IMF about exchange rate flexibility. However Egypt will not attempt to meet higher privatisation targets. The sale of shares in El-Nasr Clothing and Textiles Company was oversubscribed, and Egyptian Electric Cables Company is expected to be the next privatisation.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Egypt embarks on new phase of majority sales
Article Abstract:
Egypt is continuing with its privatisation programme following the sale of majority stakes in Medinet Nasr Housing & Development, a property company, and Egyptian Financial and Industrial (EFI), a fertiliser company. Other sales will include Southern Cairo Flour Mills, Amreya Cement and Elmaco, an electrical equipment manufacturer.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: CRO to invest gains from offers in data network. Telmex offers record debt deal. Advice to clunky conglomerates: follow GUS and enrich holders
- Abstracts: Bankers reject Labour's public interest bid plan. Dutch bourse proposes panel. New Swiss law: a step in the right direction
- Abstracts: A landscape for recycling: The temporary scheme which Livingston Eyre Associates has carried out on a university campus makes a virtue of necessity
- Abstracts: Netanyahu determined in the face of obstacles. Uncertainty over timing of Bezeq sale. Israel revives ambitious programme of sales
- Abstracts: Guarded optimism about Turkey's plans. Turkish steps to overcome dismal past. Turkish programme jolted into action