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.

The management of the Egyptian Exchange (EGX) has studied extending trading hours, with implementation pending a set timeline, Vice Chairman Mohamed Sabry announced.

Prime Minister Mostafa Madbouly called for accelerating capital market reforms and speeding up the listing of state-owned companies on the Egyptian Exchange (EGX), following the appointment of a new bourse chief.

The Listing Committee of the Egyptian Exchange (EGX) has approved the temporary listing of six state-owned companies for six months.

In this Factsheet, we explore the progress of the state’s asset sale program and highlight its outcomes for Egypt.

The Ministry of Finance announced the government’s intention to offer stakes in 11 state-owned companies during the upcoming fiscal year (FY) 2025/2026 as part of its ongoing privatization program.

The Sovereign Fund of Egypt (TSFE) signed cooperation agreements with the Armed Forces National Service Projects Organization (NSPO) and a group of specialized local and global consulting firms,

Prime Minister Mostafa Madbouly followed up on the procedures for the offerings of the National Co for Producing and Bottling Natural Water (Safi) and Wataniya.

The Egyptian government will unveil its initial public offering (IPO) plan for three to four companies affiliated with the Armed Forces next week, Prime Minister Mostafa Madbouly announced in a press conference.

Prime Minister Mostafa Madbouly met with representatives from the Hassan Allam Alliance and ADP Group to discuss a partnership for operating and managing airports under the government’s offering program.

The Egyptian government is looking forward to achieving its target from the initial public offering (IPO) program within three to five years, Minister of Finance Mohamed Maait stated.

The International Monetary Fund (IMF) has reached the final stages to complete the first and second reviews of Egypt’s $3 billion loan program “within a few weeks”.

Egypt's Initial Public Offering (IPO) program has raised $3.5 billion in investments so far.

Egypt has offered six companies for partnership with the private sector under the state’s initial public offering (IPO) program, Minister of Public Business Sector Mahmoud Esmat said.

Egyptian Prime Minister Mostafa Madbouly has met with a delegation from the International Finance Corporation (IFC) to review the initial public offerings (IPOs) program updates.

Egypt has received three international offers to buy stake in the military-owned National fuel retailer Wataniya, CEO of The Sovereign Fund of Egypt (TSFE) Ayman Soliman told Asharq Business on November 2nd.

The Egyptian government is targeting to increase the private sector’s contribution to 65% of total investments over the coming years, the Cabinet's Information and Decision Support Center (IDSC) stated.

All the targets under the state initial public offering (IPO) program have been achieved, Minister of Planning and Economic Development Hala Elsaid unveiled.

Egypt has signed a five-year agreement with the World Bank’s International Finance Corporation (IFC) to act as its strategic advisor to the state’s initial public offering (IPO) program.

El Sakka is the current Chairman of Misr Finance, the financing arm of Misr Insurance Holding Company. He previously held prominent positions at the Arab African International Bank (AAIB) and the Arab African International Leasing Company.