ICEC

State-run Food Industries Holding seen Cairo bourse listing after restructuring

Egypt is restructuring its state commodity buyer, Food Industries Holding Company (FIHC), before studying the possibility of listing it on the Cairo stock exchange, state news agency MENA cited Supply Minister Ali Moselhy as saying on Sunday.

“The ministry is currently implementing a massive project to develop and automate all 43 companies under (FIHC),” Moselhy told MENA.

Source: Reuters

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