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.
Morocco's Economy and Finance Minister, Nadia Fettah Alaoui, announced on Thursday that the country's economy is
According to reporting by Reuters unofficial Libyan banknotes have been exchanged for real dollars and have subsequently contributed to the
Egypt has announced a 15-percent increase in petrol prices, which will come into effect on Friday, as part of a
Egyptian officials convened on Tuesday to discuss the nation’s detention policies, according to human rights lawyers and groups cited
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