Report: Egypt eyes sale of minority stake in Abu Qir Fertilizers

摘要

The Egyptian government is planning to sell a minority stake in state-owned Abu Qir Fertilizers and Chemicals Industries (Abu Qir, Egypt) by the end of this year, according to Reuters report. The government plans to sell shares in the company, which trades on the Egyptian bourse, while retaining overall control, says Reuters quoting sources familiar with the planned transactions. The privatization of this and other companies has been discussed for years but repeatedly postponed, says the report.