Egypt sells state-owned companies worth 1.9 bln USD to private sector: PM
CAIRO, July 11 (Xinhua) -- The Egyptian Prime Minister Mostafa Madbouly said on Tuesday that the government has so far signed contracts worth 1.9 billion U.S. dollars with the private sector to sell stakes in state-owned companies.
The government will soon announce another batch of deals worth 1 billion dollars, Madbouly said during a press conference in Egypt's New Administrative Capital just outside Cairo.