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The government is selling stakes in 32 state companies as Egypt continues to grapple with an economic crisis.
The Egyptian government announced a number of deals to sell off stakes in public companies in order to downsize Egypt's public sector
Prime Minister Mostafa Madbouly announced on Tuesday that Egypt has signed contracts with the private sector to sell state-owned entities worth $19 billion under the Initial Public Offering (IPO) programme which the country adopted earlier this year