Offering Program
During a press conference, Madbouly confirmed that Wataniya and Safi will be listed on the stock market by mid-next year. Additionally, shares of state-owned Alexandria Bank and Banque du Caire will also be included in the upcoming offerings.
Maait clarified that the Prime Minister would disclose the details of the offerings plan in the coming period.
Bassam Radi, official spokesman for the Presidency of the Republic, said that the meeting dealt with "following up the government's plan for the offering program for state-owned companies," according to a statement.