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Idle state factories up for lease in a bid to attract investments
Leasing allows the state to generate revenue without surrendering ownership
Gov’t and Emirati company team up for USD 3 bn aluminum factory
The factory will produce 600k tons of aluminum a year
Egypt talks industry + funding with Hong Kong finance chief
Egypt-Hong Kong talks: Public Enterprises Minister Mahmoud Esmat called on financial institutions and companies in Hong Kong to collaborate with…
An aluminum news dump + Belcash is now Seven
Aluminum Bahrain and Emirates Global Aluminum are both interested in expanding in Egypt, according to the ministry
Hani Suleiman named executive managing director of HCCD
Suleiman was appointed by the Public Enterprises Ministry
The government wants to enlist the private sector to overhaul state-owned factories
Nearly half of state-owned companies are making losses
Negotiations are underway for investments in two state-owned pharma firms through a capital increase
CID could soon have more than one shareholder
SEII close to acquiring 70% of state-owned glassmaker
SEII will buy into the company through a capital increase
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