The initial public offering (IPO) of Misr Petroleum Company (MPC) will start in two months as the company has already been evaluated. The listing comes in line with the government's plan to list state-owned companies.
Egyptian Minister of Finance, Amr El Garhy, stated that the North African Country plans to receive EGP 6b out of selling state-owned firms' stakes in the Egyptian Stock Exchange (EGX) during fiscal year 2017/2018