The government’s planned initial public offering (IPO) program does not include the listing of armed forces-linked companies on the Egyptian Exchange (EGX) this year, Hashem El Sayed, assistant prime minister and head of the State-Owned Companies Unit, told Al Arabiya.
Updated 6/28/2026 12:44:00 PM
Egypt is expected to receive $1.6 billion from the International Monetary Fund (IMF) following its board meetings this summer, IMF Communications Director Julie Kozack said.
Updated 6/28/2026 8:32:00 AM
Egypt launched the second edition of its State Ownership Policy document for 2026-2030, outlining a framework to enhance the state's role as a regulator and enabler of economic activity while supporting greater private-sector participation.
Updated 6/21/2026 2:57:00 AM
The Egyptian government plans to transfer the ownership of a number of state-owned companies to the Sovereign Fund of Egypt (TSFE) to maximize economic returns, Deputy Prime Minister for Economic Affairs Hussein Eissa said during an AmCham Egypt panel discussion.
Updated 5/20/2026 10:35:00 AMPrime Minister Mostafa Madbouly held a meeting with government officials to follow up on the progress of offering a number of state-owned firms on the Egyptian Exchange (EGX), including Armed Forces-affiliated companies.
Updated 5/14/2026 9:18:00 AM
The Egyptian government is currently preparing for the initial public offerings (IPOs) of eight state-owned companies on the Egyptian Exchange (EGX), Hashem El Sayed, Assistant Prime Minister, noted.
Updated 5/5/2026 2:31:00 PMEgypt’s Prime Minister Mostafa Madbouly reviewed an updated version of the State Ownership Policy Document during a high-level government meeting, as part of ongoing efforts to expand private sector participation in the national economy.
Updated 3/18/2026 8:03:00 AM
For decades, Egypt’s economy has been shaped by the state’s pervasive presence across key sectors, creating structural constraints on growth. This dominance limited competition, stifled entrepreneurial development, and weakened innovation capacity in critical industries.
Updated 12/25/2025 10:41:00 AMThe State Ownership Policy opened the door for the Egyptian, Arab, and foreign private sectors to participate in economic development efforts, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), stated.
Updated 11/10/2025 2:38:00 AM
In this Factsheet, we explore the progress of the state’s asset sale program and highlight its outcomes for Egypt.
Updated 9/16/2025 12:55:00 PM
Prime Minister Mostafa Madbouly held a meeting to follow up on the implementation of the government’s IPO program across the petroleum and public business sectors, reaffirming the state’s commitment to advancing the program in line with the State Ownership Policy Document.
Updated 6/16/2025 1:32:00 AM
Minister of Planning and Economic Development, and International Cooperation Rania Al-Mashat has announced the development of an integrated framework to enhance sustainability and financing for economic development following the merger of the ministries.
Updated 12/30/2024 2:54:00 AM
There is no issue with Egypt renegotiating certain terms in its agreement with the International Monetary Fund (IMF), Former Egyptian Deputy Prime Minister Ziad Bahaa El-Din said.
Updated 10/27/2024 4:37:00 AM
The Egyptian cabinet has greenlit a draft law regulating state ownership in fully-owned companies by the state or those in which it holds a stake.
Updated 5/16/2024 8:30:00 AM
A delegation from the World Bank has started discussing aspects of technical cooperation with the Egyptian government regarding the implementation of the State Ownership Policy Document, the Ministry of International Cooperation stated.
Updated 1/11/2024 4:26:00 AM