Reporting by Daily News Egypt has highlighted that the Egyptian government is looking to revamp its asset monetization and initial public offerings (IPOs) program, by prioritizing banks and financial institutions for listing on the stock exchange over the next few years.
According to government documents this initiative will also extend to companies in the energy, transportation, and communications sectors which will also be considered for IPOs.
This move is expected to revitalize the market, enhance corporate governance, and contribute to the government’s ambitious non-tax revenue target of $12.45 billion USD for the current fiscal year (FY) 2024/25.
According to Arab media reports, Egypt is preparing to host a Houthi delegation to reduce tensions in the Red Sea,
According to reports by Bloomberg News Egypt and Turkey are pressing Libya's two competing governments to reach a
Senior officials from Burkina Faso, Mali and Niger met in Bamako on late last week to lay the groundwork for
Egypt’s health ministry says three people were killed and 49 were injured after two trains collided in Egypt’s
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