{"id":600751,"date":"2019-02-10T04:18:41","date_gmt":"2019-02-10T04:18:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-launches-fund-to-reform-state-owned-enterprises\/"},"modified":"2019-02-10T04:18:41","modified_gmt":"2019-02-10T04:18:41","slug":"egypt-launches-fund-to-reform-state-owned-enterprises","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-launches-fund-to-reform-state-owned-enterprises\/","title":{"rendered":"Egypt launches fund to reform state-owned enterprises"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <b>New fund for state-owned enterprises: <\/b>The Madbouly Cabinet <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/-the-Council-of-Ministers-meeting-No.-29.aspx\">approved last week<\/a> setting up a fund to finance the overhaul of state-owned companies. The fund, which will be spearheaded by the Public Enterprises Minister, aims to help state-owned companies reduce their debt levels, implement governance frameworks and clear \u201cfinancial bottlenecks.\u201d <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL3N2022Q0\">Reuters notes<\/a> that the move has the backing of the IMF. It also comes as Cabinet is due to review the final draft of <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/08\/public-enterprises-act-amendments-completed\/\">proposed amendments<\/a> to the Public Enterprises Act that could open the door to the listing on the EGX of state holding companies, <a href=\"https:\/\/www.almalnews.com\/Story\/409825\/11\/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D8%A8%D8%AF%D8%A3-%D9%85%D9%86%D8%A7%D9%82%D8%B4%D8%A9-%D8%AA%D8%B9%D8%AF%D9%8A%D9%84%D8%A7%D8%AA-%D9%82%D8%A7%D9%86%D9%88%D9%86-%C2%AB%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84%C2%BB-%D8%AE%D9%84%D8%A7%D9%84-%D8%B4%D9%87%D8%B1\">according to Al Mal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New fund for state-owned enterprises: The Madbouly Cabinet approved last week setting up a fund to finance the overhaul of state-owned companies. The fund, which will be spearheaded by the Public Enterprises Minister, aims to help state-owned companies reduce their debt levels, implement governance frameworks and clear \u201cfinancial bottlenecks.\u201d Reuters notes that the move has [&hellip;]<\/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":[2415,72,7087,2517,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600751","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-economic-reform-program","tag-enterpriseam","tag-finance","tag-governance","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"199604b1-e693-4893-84d7-fc6147a3bd7b","is_powered_by":true,"section_story_id":"c7fe2bad-e1f4-40e5-9d92-6cd736c32859","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600737],"teaser":"","voice_url":""},"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>Egypt launches fund to reform state-owned enterprises - 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\/2019\/02\/10\/egypt-launches-fund-to-reform-state-owned-enterprises\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt launches fund to reform state-owned enterprises\" \/>\n<meta property=\"og:description\" content=\"New fund for state-owned enterprises: The Madbouly Cabinet approved last week setting up a fund to finance the overhaul of state-owned companies. The fund, which will be spearheaded by the Public Enterprises Minister, aims to help state-owned companies reduce their debt levels, implement governance frameworks and clear \u201cfinancial bottlenecks.\u201d Reuters notes that the move has [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-launches-fund-to-reform-state-owned-enterprises\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-10T04:18:41+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-launches-fund-to-reform-state-owned-enterprises\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-launches-fund-to-reform-state-owned-enterprises\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt launches fund to reform state-owned enterprises\",\"datePublished\":\"2019-02-10T04:18:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-launches-fund-to-reform-state-owned-enterprises\/\"},\"wordCount\":106,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"economic reform program\",\"EnterpriseAM\",\"Finance\",\"governance\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-launches-fund-to-reform-state-owned-enterprises\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/egypt-launches-fund-to-reform-state-owned-enterprises\/\",\"name\":\"Egypt launches fund to reform state-owned enterprises - 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Enterprises Act, which were passed by the cabinet last month and will soon\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":661426,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/madbouly-govt-wants-its-sovereign-wealth-fund-to-take-charge-of-state-owned-enterprises\/","url_meta":{"origin":600751,"position":1},"title":"Madbouly gov\u2019t wants its sovereign wealth fund to take charge of state-owned enterprises","author":"enterpriseam admin","date":"27 February 2025","format":false,"excerpt":"The plan involves moving state-owned companies in batches to the SFE, with an eye toward maximizing the return on state assets","rel":"","context":"In 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the\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":571994,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/08\/house-approves-sovereign-fund-of-egypt-law-public-enterprises-act-bill-regulating-a-reborn-senate\/","url_meta":{"origin":600751,"position":3},"title":"House approves Sovereign Fund of Egypt law, Public Enterprises Act, bill regulating a reborn Senate","author":"enterpriseam admin","date":"8 June 2020","format":false,"excerpt":"LEGISLATION WATCH- House approves sovereign fund law, Public Enterprises Act, ships them off to Maglis El Dawla for review: The House of Representatives\u2019 plenary session gave near-final approval yesterday to proposed amendments to the sovereign fund law and shipped the bill to the 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