{"id":572891,"date":"2020-07-13T04:24:17","date_gmt":"2020-07-13T04:24:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/privatization-cometh-for-food-industries-holding-co-factories\/"},"modified":"2020-07-13T04:24:17","modified_gmt":"2020-07-13T04:24:17","slug":"privatization-cometh-for-food-industries-holding-co-factories","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/privatization-cometh-for-food-industries-holding-co-factories\/","title":{"rendered":"Privatization cometh for Food Industries Holding Co factories?"},"content":{"rendered":"

PRIVATIZATION WATCH- Privatization cometh for Food Industries Holding Co factories?<\/strong> The Supply Ministry is looking at potentially selling off some of the Holding Company for Food Industries\u2019 factories as part of the government\u2019s plans to develop and restructure state-owned enterprises, Minister Ali El Moselhy tells the local press<\/a>. According to El Moselhy, the ministry plans to consolidate five factories into two or three facilities before offering them for sale. The ministry had contracted auditing and consultancy firm BDO earlier this year to offer financial advice on restructuring and developing five companies: Alexandria Oil and Soap; Tanta Oil and Soap; Nile Company for Oil and Detergents; Abo El Hol Company for Oil and Detergents; and the Egyptian Starch, Yeast, and Detergents Company.<\/p>\n","protected":false},"excerpt":{"rendered":"

PRIVATIZATION WATCH- Privatization cometh for Food Industries Holding Co factories? The Supply Ministry is looking at potentially selling off some of the Holding Company for Food Industries\u2019 factories as part of the government\u2019s plans to develop and restructure state-owned enterprises, Minister Ali El Moselhy tells the local press. According to El Moselhy, the ministry plans […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[779,72,2329,2380,587,777],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572891","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-ali-el-moselhy","tag-enterpriseam","tag-holding-company-for-food-industries","tag-speed-round","tag-state-privatization-program","tag-supply-ministry","wpautop","entry"],"acf":{"mongo_id":"903b84d9-c204-4ac4-843a-c0770d099556","is_powered_by":true,"section_story_id":"a9ca4595-65d7-4dd9-80f7-225ca87d2630","story_type":"1","photo_url":"","photo_position":"above","related_issue":[572879],"teaser":"","voice_url":""},"yoast_head":"\nPrivatization cometh for Food Industries Holding Co factories? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/privatization-cometh-for-food-industries-holding-co-factories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Privatization cometh for Food Industries Holding Co factories?\" \/>\n<meta property=\"og:description\" content=\"PRIVATIZATION WATCH- Privatization cometh for Food Industries Holding Co factories? The Supply Ministry is looking at potentially selling off some of the Holding Company for Food Industries\u2019 factories as part of the government\u2019s plans to develop and restructure state-owned enterprises, Minister Ali El Moselhy tells the local press. According to El Moselhy, the ministry plans […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/privatization-cometh-for-food-industries-holding-co-factories\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-13T04:24:17+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/privatization-cometh-for-food-industries-holding-co-factories\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/privatization-cometh-for-food-industries-holding-co-factories\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Privatization cometh for Food Industries Holding Co factories?\",\"datePublished\":\"2020-07-13T04:24:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/privatization-cometh-for-food-industries-holding-co-factories\/\"},\"wordCount\":130,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Ali El Moselhy\",\"EnterpriseAM\",\"Holding Company for Food Industries\",\"SPEED ROUND\",\"state privatization program\",\"Supply Ministry\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/privatization-cometh-for-food-industries-holding-co-factories\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/13\/privatization-cometh-for-food-industries-holding-co-factories\/\",\"name\":\"Privatization cometh for Food Industries Holding Co factories? 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The Supply Ministry is looking at potentially selling off some of the Holding Company for Food Industries\u2019 factories as part of the government\u2019s plans to develop and restructure state-owned enterprises, Minister Ali El Moselhy tells the local press. 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