Egypt sells 9.5% stake in state-owned telecom
Egypt’s Finance Ministry, on Sunday, announced the sale of a 9.5-per cent stake in state-owned ‘Telecom Egypt’ at its stock exchange market. The ministry said in a statement that it sold 162,171,802 shares of Telecom Egypt, representing 9.5 per cent of the company’s capital It sold the stake at 3.75 billion Egyptian pounds (about $121 […]