{"id":579321,"date":"2023-02-02T04:08:31","date_gmt":"2023-02-02T04:08:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/"},"modified":"2023-02-02T04:08:31","modified_gmt":"2023-02-02T04:08:31","slug":"well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/","title":{"rendered":"We\u2019ll get the names of 20 companies in the listing pipeline next week"},"content":{"rendered":"

<\/a> Get ready for the details on 20 companies in the privatization pipeline: <\/strong>The government will next week reveal the names of at least 20 state-owned companies in which it plans to offer stake sales over the next year, Prime Minister Moustafa Madbouly said at a press conference yesterday (watch, runtime: 15:05<\/a> or read the cabinet statement<\/a>.) The state offering program will include both stake sales to strategic investors and listings on the EGX, he reiterated.<\/p>\n

A rough timeline: <\/strong>Some companies will be sold within the next two to three months, some will take five months, and others will wait until the end of the year, Madbouly said. He emphasized that all the companies named next week are set to be offered within the yearlong timeframe. Other details \u2013 including the percentages that will be offered in each company \u2014 will be disclosed on a case-by-case basis depending on where each sale stands in the planning process, he added.<\/p>\n

Some potential candidates: <\/strong>The Sovereign Fund of Egypt\u2019s pre-IPO fund<\/a> wants to raise as much as USD 6 bn through strategic stake sales, with names including bottled drinks firm Safi and fuel retailer Wataniya reportedly already included, alongside Banque du Caire (BdC), Misr Life Ins., and Egyptian Linear Alkyl Benzene (Elab). Those last three were all named as being ready to list by the EGX in its 2022 annual report (pdf)<\/a>, in addition to the Egyptian Drilling Company. The bourse also listed Enppi, Midor, Assiut Oil Refining Company, eMethanex, Ethydco, El Wady for Phosphate Industries and Fertilizers, Misr Ins, and Alexbank as candidates.<\/p>\n

This is as ambitious as we\u2019ve seen gov\u2019t be on privatization plans: <\/strong>The state has long been eyeing offerings for a number of its majority-owned companies, and last year planned to sell shares in as many as 10 state-owned companies on the bourse, either via IPOs or secondary stake sales<\/a>. Those plans were derailed after the war in Ukraine triggered turmoil in the financial markets. The government now appears to be building back bigger, with Madbouly noting that all the sales planned for this year will be primary offerings, either to strategics, on the EGX, or both.<\/p>\n

Why the optimism? <\/strong>Market conditions are now much improved: The benchmark EGX30 is up 12.4% YTD, racking up its best performance in years on the back of the October devaluation of the EGP. Our USD 3 bn loan agreement with the IMF \u2014 which includes a pledge to up private sector participation in the economy \u2014 and the push to bring in more FDI amid an FX crunch are also lending momentum to the government\u2019s privatization plans.<\/p>\n

Some insight on the strategy when it comes to public and strategic sales: <\/strong>Strategic stake sales and offerings on the EGX have complementary goals: upping the involvement of both individuals and the private sector in the management, development, and ownership of state-owned entities, Madbouly said. He noted that strategic investors come on board to expand businesses and increase their capital \u2014 creating jobs in the process \u2014 and pointed out that the bulk of gains made by foreign investors here is reinvested in the country. \u201cThe foreign investor is interested in the success of the entity in which he invests, and looks forward to its growth,\u201d Madbouly said.<\/p>\n

Don\u2019t expect a flurry of IPOs: <\/strong>As some of the talk shows<\/a> have pointed out in recent days, IPOs take time \u2014 and with Ramadan coming up fast, we shouldn\u2019t expect to see new listings on the EGX in the immediate future. Indications thus far have been that strategic stake sales will likely precede IPOs of state-owned companies on the bourse.<\/p>\n

That\u2019s no bad thing: <\/strong>With no IPOs now in the market, cabinet should have a bias toward stake sales to strategics, retaining modest stakes that they could monetize in a later IPO after the new strategic partner improves corporate and financial performance at the asset. There will be a post-Ramadan window lasting until early June in which to go to market with IPOs before the summer slowdown. The next window would then be in September.<\/p>\n

REMEMBER- <\/strong>The state is looking to reduce its involvement in certain sectors of the economy as part of its recently unveiled state ownership policy<\/a>, which aims to more than double the private sector\u2019s role in the economy to 65% and attract USD 40 bn in private investment by 2026. Public share offerings and stake sales to strategic investors will be a key part of seeing that policy through.<\/p>\n","protected":false},"excerpt":{"rendered":"

Get ready for the details on 20 companies in the privatization pipeline: The government will next week reveal the names of at least 20 state-owned companies in which it plans to offer stake sales over the next year, Prime Minister Moustafa Madbouly said at a press conference yesterday (watch, runtime: 15:05 or read the cabinet […]<\/p>\n","protected":false},"author":1,"featured_media":579322,"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":[7321],"tags":[104,68,72,78,281,81,370,587],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-579321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-privatization-watch","tag-economy","tag-egx","tag-enterpriseam","tag-ipo-watch","tag-moustafa-madbouly","tag-privatization-watch","tag-sovereign-fund-of-egypt","tag-state-privatization-program","wpautop","entry"],"acf":{"mongo_id":"ebf1b726-ac0b-49ce-843f-94c224903e33","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/32.jpg","photo_position":"above","related_issue":[579316],"teaser":"","voice_url":""},"yoast_head":"\nWe\u2019ll get the names of 20 companies in the listing pipeline next week - 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\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019ll get the names of 20 companies in the listing pipeline next week\" \/>\n<meta property=\"og:description\" content=\"Get ready for the details on 20 companies in the privatization pipeline: The government will next week reveal the names of at least 20 state-owned companies in which it plans to offer stake sales over the next year, Prime Minister Moustafa Madbouly said at a press conference yesterday (watch, runtime: 15:05 or read the cabinet […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-02T04:08:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1\" \/>\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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"We\u2019ll get the names of 20 companies in the listing pipeline next week\",\"datePublished\":\"2023-02-02T04:08:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/\"},\"wordCount\":750,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EGX\",\"EnterpriseAM\",\"IPO watch\",\"Moustafa Madbouly\",\"privatization watch\",\"Sovereign Fund of Egypt\",\"state privatization program\"],\"articleSection\":[\"Privatization\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/\",\"name\":\"We\u2019ll get the names of 20 companies in the listing pipeline next week - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-02-02T04:08:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"We\u2019ll get the names of 20 companies in the listing pipeline next week\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"We\u2019ll get the names of 20 companies in the listing pipeline next week - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/","og_locale":"en_US","og_type":"article","og_title":"We\u2019ll get the names of 20 companies in the listing pipeline next week","og_description":"Get ready for the details on 20 companies in the privatization pipeline: The government will next week reveal the names of at least 20 state-owned companies in which it plans to offer stake sales over the next year, Prime Minister Moustafa Madbouly said at a press conference yesterday (watch, runtime: 15:05 or read the cabinet […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-02-02T04:08:31+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"We\u2019ll get the names of 20 companies in the listing pipeline next week","datePublished":"2023-02-02T04:08:31+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/"},"wordCount":750,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1","keywords":["economy","EGX","EnterpriseAM","IPO watch","Moustafa Madbouly","privatization watch","Sovereign Fund of Egypt","state privatization program"],"articleSection":["Privatization"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/","name":"We\u2019ll get the names of 20 companies in the listing pipeline next week - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1","datePublished":"2023-02-02T04:08:31+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/well-get-the-names-of-20-companies-in-the-listing-pipeline-next-week\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"We\u2019ll get the names of 20 companies in the listing pipeline next week"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/32.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":582095,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/13\/the-states-new-hotel-company-is-ready-to-go-to-market-but-is-a-30-stake-enough\/","url_meta":{"origin":579321,"position":0},"title":"The state\u2019s new hotel company is ready to go to market \u2014 but is a 30% stake enough?","author":"enterpriseam admin","date":"13 February 2023","format":false,"excerpt":"A new state-owned company that will own a portfolio of seven five-star properties nationwide could offer as much as 20-30% of its shares to private investors as part of the Madbouly government\u2019s privatization program, Hapi Journal reports. The seven hotels are now owned by the state\u2019s Holding Company for Tourism\u2026","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/marriott-menahouse-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582724,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/16\/govt-to-start-marketing-state-companies-to-investors-in-april-says-maait\/","url_meta":{"origin":579321,"position":1},"title":"Gov\u2019t to start marketing state companies to investors in April, says Maait","author":"enterpriseam admin","date":"16 March 2023","format":false,"excerpt":"Another eight companies could be earmarked for privatization as Cabinet looks to give the asset sale program new momentum","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/Banque-du-Caire-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581386,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/09\/rebooted-privatization-program-to-see-stakes-in-32-companies-sold-to-strategics-public-investors\/","url_meta":{"origin":579321,"position":2},"title":"Rebooted privatization program to see stakes in 32 companies sold to strategics, public investors","author":"enterpriseam admin","date":"9 February 2023","format":false,"excerpt":"The ambitious program will begin during the current quarter","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/Madbouly-privatizationpresser-8Feb23-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582320,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/07\/sfe-to-sell-stakes-in-2-3-state-owned-firms-in-april-says-ceo\/","url_meta":{"origin":579321,"position":3},"title":"SFE to sell stakes in 2-3 state-owned firms in April, says CEO","author":"enterpriseam admin","date":"7 March 2023","format":false,"excerpt":"Gov\u2019t will also announce \u201cwithin days\u201d who\u2019s buying the state hotels company.","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Ayman-Soliman-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581276,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/tons-of-speculation-on-state-asset-sales-ahead-of-pms-presser\/","url_meta":{"origin":579321,"position":4},"title":"Tons of speculation on state asset sales ahead of PM\u2019s presser","author":"enterpriseam admin","date":"7 February 2023","format":false,"excerpt":"Could BdC IPO in the first half \u2014 or will we \u201cjust\u201d see the sale of a stake to a strategic investor? Or will United Bank go first? What about Semadco? Chatter about which companies are on the auction block (and which aren\u2019t) as part of the state asset program\u2026","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/Banque-du-Caire-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545916,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/17\/sfe-sub-funds-for-state-owned-stake-sales\/","url_meta":{"origin":579321,"position":5},"title":"SFE sub-funds for state-owned stake sales?","author":"enterpriseam admin","date":"17 April 2022","format":false,"excerpt":"The Sovereign Fund of Egypt (SFE) could launch a sub-fund responsible for managing the sale of state-owned companies on the EGX under the government\u2019s privatization program, a cabinet statement said Thursday, without providing further details. This came during a meeting between SFE head Ayman Soliman, Prime Minister Moustafa Madbouly and\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=579321"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579321\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/579316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/579322"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=579321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=579321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=579321"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=579321"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=579321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}