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EgyptBusiness & Economy

92 Egyptian governmental companies to be raised for sale by end of year

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Egyptian Minister of Public Business Sector Mokhar Khattab stated that the privatization program continues without slowness in this process, telling ArabicNews.com that 92 companies will be raised for sale during the current year in the Egyptian government's program to privatize all the economic and financial corporations and companies which started five years ago. He added that the privatization will include the banking sector, but in a scientific way, and that the government has started getting rid of its shares in the joint banks.

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