As part of Egypt’s agreement with the IMF, the country’s structural reforms include the launch of an IPO programme for successful, state-owned companies in the oil and gas, petrochemical, banking and financial services, building materials and real estate development sectors. On 13 September, Decree No. 1994 of 2017 (Decree) was issued, which governs the implementation of the IPO programme.
Please click here to read the alert.