Egypt sold 9,5% the state communications operators to Telecom Egypt

Soderzhaniyeistoriya 2023: Egypt sold 9,5% of Telecom Egypt of the Note Telecom Egypt - the main telephone company Egypt. History 2023: Egypt sold 9,5% of Telecom Egypt on May 14, 2023 Ministry finance of Arab Republic Egypt declared sale shares of 9,5% in the state telecommunication companies Telecom Egypt. The amount of transaction makes 3,75 billion Egyptian pounds (about $121,37 million at the rate for May 15 of the 2023rd). As reports information agency "Reuters", the transaction is carried out for the purpose of advance of a state program of privatization. Under the terms of transactions, 162,2 million stocks Telecom will be realized...