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15 Egyptian companies to be raised for sale soon
Egypt, Economics, 11/6/1999
The Egyptian Ministry of Public Enterprise, which is responsible for implementing the privation program for Egypt's public companies, said that it is commencing the sale of 15 companies to a main investor during the coming two months. The companies' value is 3 billion Egyptian pounds, and it includes the companies working in fields of foreign and internal trade, fertilizing and cement. A press statement issued by the ministry said that the investors could present purchase offers directly to the ministry to negotiate concerning 48 companies raised for sale until the end of current year.
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