RIYADH: The Saudi Egyptian Investment Co., a company wholly owned by the Public Investment Fund, announced the acquisition of majority stakes in four publicly listed Egyptian companies. The value of the deal is estimated at about $1.3 billion, the Egyptian Ministry of Planning and Economic Development tweeted. The SEIC will own shares in Abu Qir Fertilizers and Chemicals
Egypt will delay the planned offering of shares on the stock exchange of a number of state companies until after the summer vacation, Public Enterprise Minister Hisham Tawfik told Reuters on Satu.
Egypt will delay the planned offering of shares on the stock exchange of a number of state companies until after the summer vacation, Public Enterprise