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Hassan Allam weighs Gulf, Egypt listings for subsidiaries
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Hassan Allam weighs Gulf, Egypt listings for subsidiaries
Hassan Allam Holding is considering taking some of its real estate and infrastructure subsidiaries public on Gulf exchanges, the Egyptian bourse, or both, opening a new funding channel for one of Egypt's largest private construction groups.The parent conglomerate will stay private. Chairman and Chief Executive Hassan Allam said the group is studying listings for selected units rather than the holding company itself, speaking on the sidelines of …
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