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Wataniya, SAFI to be Listed on Stock Market among 10 others in 2025, Says PM


Wed 11 Dec 2024 | 08:24 PM
PM Moustafa Madbouly
PM Moustafa Madbouly
Taarek Refaat

The Egyptian PM Mustafa Madbouly revealed, Wednesday, the launch of two public offerings including Wataniya Petroleum and National Co. for Natural Water in Siwa (SAFI)  by the middle of 2025 on the stock exchange.

During a press conference today after the weekly cabinet meeting, Madbouly said that it is targeted to offer more than 10 companies over the next year.

Moreover, Madbouly pointed to a significant drop in the inflation rate in November, as well as the rise in exchange reserves last November.