{"id":586020,"date":"2023-05-03T00:00:00","date_gmt":"2023-05-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/03\/privatization-and-politics-top-coverage-on-the-nations-talk-shows\/"},"modified":"2023-05-03T00:00:00","modified_gmt":"2023-05-03T00:00:00","slug":"privatization-and-politics-top-coverage-on-the-nations-talk-shows","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/03\/privatization-and-politics-top-coverage-on-the-nations-talk-shows\/","title":{"rendered":"Privatization and politics top coverage on the nation\u2019s talk shows"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Privatization and politics top last night\u2019s talk shows: <\/span><span style=\"\">The nation\u2019s talking heads covered the <\/span><span style=\"font-weight:400;\">Madbouly government\u2019s privatization plans, the latest in Sudan, and what we can expect from the first day of the National Dialogue. <\/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\">First, Pachin is no longer state-owned: <\/span><span style=\"\">Yesterday, Dubai-based National Paints Holding <\/span><span style=\"font-weight:400;\">(NPH) acquired over 80% of EGX-listed Paint and Chemical Industries (Pachin) for around EGP 770.5 mn (c. USD 25 mn).<\/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\">USD 25 mn is not much, but it\u2019s something: <\/span><span style=\"\">\u201cThe USD 25 mn transaction makes up a mere <\/span><span>1% of the Madbouly\u2019s government\u2019s goal to raise USD 2 bn for its privatization program by June \u2026 what\u2019s important is that the money is coming from a foreign investor, bringing USDs into the country,\u201d Amr Elalfy, head of research at Prime Securities, told Kelma Akhira\u2019s Lamees El Hadidi (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=QzhC7j10Sv8\" style=\"\">watch, runtime: 7:02<\/a><\/span><span>). He explained that the transaction is a message of reassurance that despite our exchange rate, Egypt still has strong assets that attract investors. <\/span><span style=\"font-weight:400;\">We have the full story in the news well, above. <\/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 situation in Sudan could have dangerous consequences for the region: <\/span><span style=\"\">\u201cSudan has a <\/span><span>very important strategic location, sharing borders with seven countries \u2026 the prolonging of the war in Sudan could end up spilling over and enticing violence in its neighbors which would be very dangerous for the Horn of Africa,\u201d International Affairs Professor and African affairs expert Hamed Faris told Al Hayah Al Youm (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=pfFyZ4rFFLU\" style=\"\">watch, runtime: 5:59<\/a><\/span><span style=\"font-weight:400;\">). <\/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\">There\u2019s a big question mark over the future of the country: <\/span><span style=\"\">\u201cThere is no knowing how things <\/span><span>will be once the situation calms down,\u201d former foreign minister Mohamed El Orabi told Masa\u2019a DMC (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=c2c00TzxzpY\" style=\"\">watch, runtime: 9:33<\/a><\/span><span style=\"font-weight:400;\">). <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Escalation in Sudan could have dire consequences for the region, says African expert<\/p>\n","protected":false},"author":1,"featured_media":586021,"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":[7232],"tags":[104,72,106,9179,6816],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-586020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-economy","tag-enterpriseam","tag-last-nights-talk-shows","tag-national-paints-holding","tag-pachin","wpautop","entry"],"acf":{"mongo_id":"f73ba8ba-4daf-4b91-aff7-656a96030aa0","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/176.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian talk shows cover the latest on the state\u2019s privatization program, latest in Sudan","related_issue":[585999],"teaser":"Escalation in Sudan could have dire consequences for the region, says African expert","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.32b4299d-6fd6-48c2-8846-df7fc783c75b.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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