The timeline was announced during a meeting chaired by Prime Minister Mostafa Madbouly to review the status of state-owned enterprises and the latest updates to the government’s offerings programme. The meeting included Hussein Issa, Deputy Prime Minister for Economic Affairs, and El-Sayed, who also serves as the Chief Executive of the State-Owned Companies Unit. In a parallel development, Issa outlined the status of 40 companies slated for transfer to the Sovereign Fund of Egypt. This framework aims to broaden the investor base for those seeking to acquire shares in these companies. These procedures are expected to increase the market capitalisation of the Egyptian Exchange and expand the scope of the government’s privatisation initiatives, El-Sayed said.

Source: Daily News Egypt March 31, 2026 19:42 UTC