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Egypt sells $121.6 mln stake in state-controlled Telecom dept - News Today

Egypt sells $121.6 mln stake in state-controlled Telecom dept - News Today
newstodaynet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstodaynet.com Daily Mail and Mail on Sunday newspapers.

Mostafa Madbouly , Telecom Egypt , International Monetary Fund , Egyptian Exchange , Prime Minister Mostafa Madbouly , Ahly Pharos ,

Egypt sells $121.6m stake in state-controlled Telecom Egypt

RIYADH: Egypt’s government has sold a 9.5 percent stake in state-controlled Telecom Egypt for 3.75 billion Egyptian pounds ($121.6 million), the finance ministry has revealed, breathing life into a privatization program that had seemingly stalled. Egypt desperately needs proceeds from these deals to meet a series of foreign debt obligations over the coming few months. Telecom ....

New York , United States , Ar Riya , Saudi Arabia , Hal Mal , Mostafa Madbouly , Moustafa Madbouly , International Monetary Fund , Armed Force National Service Projects Agency , Egyptian Exchange , Telecom Egypt , Prime Minister Mostafa Madbouly , Finance Ministry , Ahly Pharos , Moon Capital , Armed Force National Service Projects , Prime Minister Moustafa Madbouly , Al Ahsa , Al Kharj , Khalij Times , Gulf News , Saudi Gazette , King Abdullah , Obs In Saudi , Work In Saudi Arabia , Hajj عرب نيوز ,

Government sells 10% stake of Telecom Egypt for $128mln

The average value of sold shares amounted to EGP 23.25 per share, provided that the settlement of the deal takes place on 15 May. ....

Mohamed Nasr El , Telecom Egypt , Syndigate Media Inc , Bloomberg International Agency , Daily News , International Agency , Nasr El Din , Ahly Pharos , Syndigate Media ,

Egypt sells $121.6 million stake in Telecom Egypt

Egypt sells $121.6 million stake in Telecom Egypt
middle-east-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middle-east-online.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Al Qahirah , Mostafa Madbouly , Hal Mal , International Monetary Fund , Egyptian Exchange , Telecom Egypt , Prime Minister Mostafa Madbouly , Ahly Pharos , Moon Capital ,