{"id":581650,"date":"2023-02-19T00:00:00","date_gmt":"2023-02-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/"},"modified":"2023-02-19T00:00:00","modified_gmt":"2023-02-19T00:00:00","slug":"state-pharma-firms-could-offer-minority-stakes-within-six-months","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/","title":{"rendered":"State pharma firms could offer minority stakes within six months"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Two state-owned pharma firms to sell minority stakes within six months?<\/span><span style=\"\"> The <\/span><span style=\"\">government wants to sell sizable minority stakes in two state-owned pharma companies earmarked for privatization in the coming six months, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3xp8Ygo\" style=\"\">Al Mal<\/a><\/span><span style=\"\"> reports, citing unnamed sources it says are familiar with the matter. Between 30-40% of Chemical Industries Development Company (<\/span><span style=\"\">CID<\/span><span style=\"\">) and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.misrpharma.com.eg\/\" style=\"\">Misr Pharma<\/a><\/span><span style=\"\"> will be offered to investors, likely in an IPO on the EGX, according to the sources. Both companies are on <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/02\/09\/rebooted-privatization-program-to-see-stakes-in-32-companies-sold-to-strategics-public-investors-96067\/\" style=\"\">the list<\/a><\/span><span style=\"font-weight:400;\"> of the 32 state-owned companies in which the government plans to sell stakes within the next year. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The government is in talks with several investment banks to lead the offerings<\/span><span style=\"font-weight:400;\"> and fair value studies are being conducted, according to Al Mal\u2019s sources. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">State to remain in control:<\/span><span style=\"\"> Both companies are subsidiaries of the Holding Company for Pharma Industries (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.holdipharma.com\/en\/home\/pages\/default.aspx\" style=\"\">HoldiPharma<\/a><\/span><span style=\"font-weight:400;\">), which plans to maintain its controlling interests.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">No interest from strategics:<\/span><span style=\"\"> No strategic investors have shown interest in acquiring the shares, according to the sources.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">REMEMBER- Strategics tend to look to buy majority stakes. <\/span><span style=\"font-weight:400;\">Most strategic investors have strong preferences for majority stakes (to ensure they can fully consolidate the results of their new investment) with clear management control (to make sure they can drive performance improvements.) This theme will run throughout the privatization program \u2014 doubly so when we\u2019re talking about well-managed, well-governed companies that aren\u2019t already listed on the EGX.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two state-owned pharma firms to sell minority stakes within six months? The government wants to sell sizable minority stakes in two state-owned pharma companies earmarked for privatization in the coming six months, Al Mal reports, citing unnamed sources it says are familiar with the matter. Between 30-40% of Chemical Industries Development Company (CID) and Misr [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":581651,"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":[6703,72,1320,78,10563,427,81],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-581650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-privatization-watch","tag-chemical-industries-development-company","tag-enterpriseam","tag-holdipharma","tag-ipo-watch","tag-misr-pharma","tag-pharma","tag-privatization-watch","wpautop","entry"],"acf":{"mongo_id":"751e4dbb-589e-4c0a-9858-f69c7cd6ce57","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/8\/pharma-1600-px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[581645],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/2\/.dc1071a0-8c60-4a9f-a7d3-5a2bbd86fafe.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>State pharma firms could offer minority stakes within six months - 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\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State pharma firms could offer minority stakes within six months\" \/>\n<meta property=\"og:description\" content=\"Two state-owned pharma firms to sell minority stakes within six months? The government wants to sell sizable minority stakes in two state-owned pharma companies earmarked for privatization in the coming six months, Al Mal reports, citing unnamed sources it says are familiar with the matter. Between 30-40% of Chemical Industries Development Company (CID) and Misr [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-19T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"State pharma firms could offer minority stakes within six months\",\"datePublished\":\"2023-02-19T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/\"},\"wordCount\":240,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Chemical Industries Development Company\",\"EnterpriseAM\",\"HoldiPharma\",\"IPO watch\",\"Misr Pharma\",\"pharma\",\"privatization watch\"],\"articleSection\":[\"Privatization\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/\",\"name\":\"State pharma firms could offer minority stakes within six months - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-02-19T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"State pharma firms could offer minority stakes within six months\"}]},{\"@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":"State pharma firms could offer minority stakes within six months - 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\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/","og_locale":"en_US","og_type":"article","og_title":"State pharma firms could offer minority stakes within six months","og_description":"Two state-owned pharma firms to sell minority stakes within six months? The government wants to sell sizable minority stakes in two state-owned pharma companies earmarked for privatization in the coming six months, Al Mal reports, citing unnamed sources it says are familiar with the matter. Between 30-40% of Chemical Industries Development Company (CID) and Misr [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-02-19T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.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":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"State pharma firms could offer minority stakes within six months","datePublished":"2023-02-19T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/"},"wordCount":240,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1","keywords":["Chemical Industries Development Company","EnterpriseAM","HoldiPharma","IPO watch","Misr Pharma","pharma","privatization watch"],"articleSection":["Privatization"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/","name":"State pharma firms could offer minority stakes within six months - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1","datePublished":"2023-02-19T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/state-pharma-firms-could-offer-minority-stakes-within-six-months\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"State pharma firms could offer minority stakes within six months"}]},{"@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\/2019\/8\/pharma-1600-px.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/pharma-1600-px.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\/2019\/8\/pharma-1600-px.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":588455,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/12\/negotiations-are-underway-for-investments-in-two-state-owned-pharma-firms-through-a-capital-increase\/","url_meta":{"origin":581650,"position":0},"title":"Negotiations are underway for investments in two state-owned pharma firms through a capital increase","author":"enterpriseam admin","date":"12 June 2023","format":false,"excerpt":"CID could soon have more than one shareholder","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/531.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":702755,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/17\/four-new-temporary-listings-head-to-the-egx\/","url_meta":{"origin":581650,"position":1},"title":"Four new temporary listings head to the EGX","author":"enterpriseam admin","date":"17 May 2026","format":false,"excerpt":"Four state-owned companies have secured provisional EGX listings across pharma, fertilizers, and tourism \u2014 the latest batch to join the country\u2019s growing temporary listings, according to bourse statements.Meet the companies:Chemical Industries Development (CID): Issued capital of EGP 400 mn, distributed over 40 mn shares with a par value of EGP\u2026","rel":"","context":"In &quot;Privatization Watch&quot;","block_context":{"text":"Privatization Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/privatization-watch-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/488.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":581650,"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 &quot;Privatization&quot;","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":584302,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/29\/holdipharma-to-partner-with-private-sector-on-5-new-factories\/","url_meta":{"origin":581650,"position":3},"title":"HoldiPharma to partner with private sector on 5 new factories","author":"enterpriseam admin","date":"29 March 2023","format":false,"excerpt":"State-owned HoldiPharma wants to reduce reliance on imports","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/576.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":588703,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/15\/the-qataris-are-looking-at-our-hotels-report\/","url_meta":{"origin":581650,"position":4},"title":"The Qataris are looking at our hotels -report","author":"enterpriseam admin","date":"15 June 2023","format":false,"excerpt":"The fund is in talks with the Sovereign Fund of Egypt to acquire up to 30% of the hotels, according to sources","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/741.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":656938,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/12\/government-to-offer-up-stakes-in-ten-companies-to-strategic-investors-and-on-the-egx-in-2025\/","url_meta":{"origin":581650,"position":5},"title":"Government to offer up stakes in ten companies to strategic investors and  on the EGX in 2025","author":"enterpriseam admin","date":"12 December 2024","format":false,"excerpt":"Madbouly named Chill Out and Silo Foods as the two other military-linked companies heading to the EGX","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1163.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/581650","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=581650"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/581650\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/581645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/581651"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=581650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=581650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=581650"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=581650"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=581650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}