Engineering industries: Listing 32 companies on stock exchange activates national economy

Eng. Khaled El-Feki, a member of the Board of Directors of the Holding Company for Metallurgical Industries and head of the General Syndicate for Engineering, Metallurgical and Electrical Industries, confirmed that the government’s offering of 32 companies on the stock exchange and a strategic investor contributes greatly to the revitalization of the national economy during the current period.

He affirmed that new investments contribute to the development, modernization, and increase of production lines in the listed companies.

He added that such investments will lead to maximizing resources, which will reflect positively on the companies’ employees and on saving hard currency by increasing exports abroad from those companies.