Floating up new companies for privatization in Egypt

The ministerial committee in Egypt decided to sell the three companies El-Wady, Delta Steel Co. and Egypt for Manufacturing Iron, with 51% of their shares to be sold for a main investor. Moreover, the committee decided to float up Helnan Dahab Hotel, and Coss Mobolnan in Cairo for sale to a main investor at the rate of at least 50% of the two hotel's shares if they are not totally sold. Egyptian Prime Minister Kamal El-Ganzouri permanently chairs the meetings of the committee.