#new capital egypt
The Administrative Capital for Urban Development (ACUD) is listing 10 percent of its shares on the Egyptian Exchange in the first half of 2024, said ACUD chairman Khaled Abbas on Monday, 18 September. The sale of ACUD shares is in line with the Egyptian government's plans to sell interests in 35 state-owned businesses to strategic investors until the beginning of 2024. These businesses include the water provider Safy and gas station operator Wataniya, both of which are held by the…