The offering is being promoted for via a virtual roadshow that targets institutional investors, he added pointing out that the transaction shall be concluded prior to the end of 2021.
Saudi Arabia's stock market posted its biggest one-day drop in more than a year on Sunday, a day after Yemen's Iran-aligned Houthis said they had fired 14 drones at several Saudi Arabian cities, including at Saudi Aramco facilities in Jeddah.
Egypt is planning to sell an additional stake in Abu Qir Fertilizers and Chemicals Industries Company (ABUK) on the Egyptian Exchange (EGX) within a month