November 26, 2019 / 8:39 AM / 18 days ago

Egypt to offer 22-25% of Heliopolis co. For Housing and Development shares in Q1 2020 - minister

CAIRO, Nov 26 (Reuters) - Egypt will offer 22-25% of Heliopolis Co. For Housing and Development shares on the Egyptian stock exchange in the first quarter of 2020, Public Enterprise Minister Hesham Tawfik said.

Tawfik also said there were three other state-owned companies ready to offer some of their shares on the stock market.

Writing by Amina Ismail; Editing by Alison Williams

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