{"id":596161,"date":"2019-08-20T04:00:44","date_gmt":"2019-08-20T04:00:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/govt-almost-ready-to-push-ahead-with-privatization-program\/"},"modified":"2019-08-20T04:00:44","modified_gmt":"2019-08-20T04:00:44","slug":"govt-almost-ready-to-push-ahead-with-privatization-program","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/govt-almost-ready-to-push-ahead-with-privatization-program\/","title":{"rendered":"Gov\u2019t almost ready to push ahead with privatization program"},"content":{"rendered":"

Gov\u2019t almost ready to push ahead with privatization program:<\/b> Public Enterprises Minister Hisham Tawfik told El Hekaya\u2019s Amr Adib that the committee in charge of the state\u2019s privatization program has completed 96% of the preparations for state companies due to either sell shares or offer shares in an initial public offering before the end of the year. Banque du Caire is among the companies \u201con its way to IPO\u201d as part of the second wave of the state\u2019s privatization program, Tawfik added (watch, runtime: 7:02)<\/a>.<\/p>\n

The Chamber of Commerce is bullish on gold: <\/b>Adib also interviewed Ehab Wassef, deputy head of the gold division at the chamber of commerce, for his two cents on where gold prices are headed. \u201cGold is still a safe investment as its price is expected to rapidly rise,\u201d Wassef said (watch, runtime: 6:05<\/a>).<\/p>\n

The PM\u2019s directive to accelerate work on a new axis project also got some airtime: <\/b>Al Hayah Al Youm\u2019s Lobna Assal took note of a directive by Prime Minister Moustafa Madbouly to speed up ongoing works at a two-way axis near El-Tawarei Canal linking Gesr El Suez to the Belbeis desert road (watch, runtime: 2:33<\/a>).<\/p>\n

Egypt, EBRD sign grant agreement for railway renovation: <\/b>The government signed a EUR 1.5 mn agreement with the European Bank for Reconstruction and Development (EBRD) to renovate railway locomotives and develop a railway freight system, Al Hayah Al Youm\u2019s Lobna Assal reported (watch, runtime: 4:22<\/a>).<\/p>\n

Harvard economic report receives coverage:<\/b> Masaa DMC\u2019s Eman El Hossary reported that Prime Minister Moustafa Madbouly held a cabinet meeting to review the findings of a report<\/a> by the Harvard Center for International Development (watch, runtime: 2:00<\/a>). The report forecasts Egypt\u2019s economy to grow at an average 6.8% clip over the coming decade due to diverse and specialized exports.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t almost ready to push ahead with privatization program: Public Enterprises Minister Hisham Tawfik told El Hekaya\u2019s Amr Adib that the committee in charge of the state\u2019s privatization program has completed 96% of the preparations for state companies due to either sell shares or offer shares in an initial public offering before the end of […]<\/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":[9281],"tags":[104,2379,72,7111,132,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596161","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-economy","tag-enterprise-last-nights-talk-shows","tag-enterpriseam","tag-infrastructure","tag-trade","tag-transport","wpautop","entry"],"acf":{"mongo_id":"a8b3c435-013e-46d0-99f7-cacee3750a03","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596157],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t almost ready to push ahead with privatization program - 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Public Enterprises Minister Hisham Tawfik ordered state holding companies to expedite procedures to ready their companies for the state privatization program, according to a ministry statement picked up by Al Shorouk. Tawfik ordered the companies to complete their\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546741,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/26\/privatization-continues-to-dominate-the-airwaves\/","url_meta":{"origin":596161,"position":1},"title":"Privatization continues to dominate the airwaves","author":"enterpriseam admin","date":"26 May 2022","format":false,"excerpt":"Planned public consultations on the state\u2019s privatization strategy got the talking heads talking last night \u2014 one day after Prime Minister Moustafa Madbouly said his government would seek opinions from stakeholders over a period of three months before signing off on the plans. Salet El Tahrir (watch, runtime: 23:55) and\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565362,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/05\/at-least-two-state-companies-could-hit-the-egx-in-3q2021\/","url_meta":{"origin":596161,"position":2},"title":"At least two state companies could hit the EGX in 3Q2021","author":"enterpriseam admin","date":"5 April 2021","format":false,"excerpt":"Two or three state-owned companies will sell shares on the EGX in 3Q2021, reviving the long-dormant state-privatization program, Public Enterprises Minister Hisham Tawfik said during an industry conference today, according to Reuters. Tawfik didn\u2019t mention the names of the companies lined up, or whether the offerings will be IPOs or\u2026","rel":"","context":"In "SPEED ROUND: PRIVATIZATION WATCH"","block_context":{"text":"SPEED ROUND: PRIVATIZATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/332.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626469,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/govt-to-meet-next-week-to-set-final-lineup-of-the-state-privatization-program\/","url_meta":{"origin":596161,"position":3},"title":"Gov\u2019t to meet next week to set final lineup of the state privatization program","author":"enterpriseam admin","date":"3 July 2018","format":false,"excerpt":"Gov\u2019t to meet next week to set final lineup of the state privatization program: The Finance Ministry-led committee tapped to pull together the state privatization program will meet next week to decide on the final lineup of companies that will go out in the first wave of the program, minister\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546182,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/privatization-program-back-in-action-this-september-says-tawfik\/","url_meta":{"origin":596161,"position":4},"title":"Privatization program back in action this September, says Tawfik","author":"enterpriseam admin","date":"8 May 2022","format":false,"excerpt":"Egypt plans to offer shares in state companies on the EGX starting in September, Public Enterprise Minister Hisham Tawfik told Reuters yesterday. The minister said the move had been delayed until after the summer, without providing further details on the companies to be listed.Egypt had hoped to sell shares in\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599176,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/acch-finishes-roadshow-in-dubai-and-london-ahead-of-share-sale\/","url_meta":{"origin":596161,"position":5},"title":"ACCH finishes roadshow in Dubai and London ahead of share sale","author":"enterpriseam admin","date":"20 June 2019","format":false,"excerpt":"Progress in state privatization program as opening legs of Alexandria Containers roadshow conclude: Advisers on the share sale by state-owned Alexandria Containers and Cargo Handling Company (ACCH) have concluded roadshows in Dubai and London as the company gears up for a secondary offering under the state privatization program, Al Mal\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1132.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\/596161","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=596161"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596161\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596157"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596161"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596161"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}