Egypt to sell stake in Wataniya within 2 months at most: Elsaid

Minister of Planning and Economic Development Hala Elsaid said in an interview

Staff Writer, Arab Finance

December 7, 2023

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The Egyptian government is considering concluding the sale of a stake in the fuel retailer Wataniya within a maximum of a month or two, Minister of Planning and Economic Development Hala Elsaid said in an interview.

On October 17th, Elsaid announced that Egypt would finalize the deal on the sale of a stake in the Wataniya within four to six weeks.

She added that the government has shortlisted the potential qualified purchasers.

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