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Half of the proceeds from the privatization program earmarked to reduce public debt -Maait
There will also be no tax increases for investors in the next fiscal year
OECD lays out policy recommendations after forecasting growth dipping to 3.2% in FY 2023-24
OECD says confidence in public finances must be restored to lure back foreign capital
Wataniya closes in on three final offers
Good morning, wonderful people and welcome to the start of the week. We’re off to a slow start in local…
Egypt aims to raise USD 6.5 bn from state asset sales in 2024
The target refers only to finalized sales made during the calendar year, a government source confirmed to Enterprise
Egypt targets USD 6.5 bn from the privatization program in 2024- Maait
Good afternoon ladies and gentlemen, and happy hump day. We’re not sure about you, but this week feels to us…
Gov’t appoints Compass Capital to promote its stake in EPP + TMG’s Icon finalizes acquisition of 51% in Legacy hotels
Compass will promote part of the government’s 22% stake in EPP to investors in the Gulf and China
Gov’t to close bidding for Wataniya soon + Gabal El Zeit wind farm next in line
The government plans to sell at least 10% in Wataniya
Egypt transfers ownership of gov’t HQs to the Sovereign Fund of Egypt
The move is part of a wider plan to revamp Downtown Cairo
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