
4% of Eastern Tobacco to be offered on EGX: Badawi
State-owned Holding Company for Chemical Industries will offer 4% of its stake in Eastern Company on the Egyptian Exchange (EGX), Minister of Public Sector Affairs Khaled Badawi said in a statement on Monday. Badawi added that the offering is part of the government’s (initial public offering) IPO programme, aiming to increase state-owned companies’ base of …