Egypt discusses new reforms and financing tools to strengthen startups and entrepreneurship growth.
GAFI reviews digital transformation projects aimed at improving investor services and Egypt’s business climate.
Investment Minister Mohamed Farid says Egypt is implementing reforms to improve the business climate and attract investment.
Farid said the offering targets the sale of 20% of the company’s shares, with expected proceeds of approximately EGP 14 billion, positioning it among the largest anticipated initial public offerings on the Egyptian Exchange, during an interview in a television program El Hekaya with TV host Amr Adib.
Farid added that preparations are also underway for the listing of six profitable companies across various sectors.
