Egypt to offer shares in five state-owned companies during three months
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Egypt will offer additional shares in five state-owned companies on the Egyptian Exchange (EGX) during three months at a price that increases or decreases 10 percent from the market price, Egypt’s business sector minister Hesham Tawfik said on Monday."The offered price of the state-owned companies' shares will be its market price or greater or less than 10 percent", Tawfiq told a news conference on Monday.