Egypt sells stake in tobacco firm Eastern Co to UAE company zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Egypt has sold a stake in
tobacco products maker Eastern Co in its first foreign
sale of a major state asset since it agreed to a privatisation
programme with the IMF last December. The.
The Egyptian government agreed last year to privatize state assets, boost exports and increase foreign direct investment in exchange for a $3 billion loan from the IMF.
Egypt has sold a stake in
tobacco products maker Eastern Co in its first foreign
sale of a major state asset since it agreed to a privatisation
programme with the IMF last December. The.