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Egypt announced Sunday the names of 23 state companies it will offer stakes in beginning this year, part of a plan to raise about 80 billion Egyptian pounds ($4.6 billion) through minority share offerings on the Cairo bourse.The 23 companies range from banking and petroleum to real estate and will look to sell stakes ranging from 15-30 percent in the next two to 2 1/2 years, the Finance Ministry said in a statement.The last time state-owned companies were listed on the exchange was in 2005 when shares of Telecom Egypt, the state's land-line monopoly, and oil companies Sidi Kerir Petrochemicals and AMOC were floated.
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