VOL. XLIV

No 38

17-September-2001

EGYPT

Egypt Evaluates Market Value Of New Electricity Distribution CompaniesShares

The Egyptian Ministry ofElectricity and Energy is currently evaluating the market value of the capitalshares of the seven newly re-constituted Egyptian electricity distributioncompanies (MEES, 21 May and 7 August)with a view to offering these shares for public subscription. In a statementissued on 8 September, Electricity and Energy Minister 'Ali al-Sa'idi said thatpar value of the...