{"id":612249,"date":"2023-12-19T00:00:00","date_gmt":"2023-12-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/this-evening-govt-to-sign-agreement-under-state-ownership-policy-tomorrow\/"},"modified":"2023-12-19T00:00:00","modified_gmt":"2023-12-19T00:00:00","slug":"this-evening-govt-to-sign-agreement-under-state-ownership-policy-tomorrow","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/this-evening-govt-to-sign-agreement-under-state-ownership-policy-tomorrow\/","title":{"rendered":"THIS EVENING: Gov\u2019t to sign agreement under state ownership policy tomorrow"},"content":{"rendered":"

Good afternoon friends, and happy hump day.<\/strong> It\u2019s shaping up to be a relatively busy news day with which to punctuate the week, with promises of updates on the state privatization program. <\/p>\n

THE BIG STORY TODAY<\/strong><\/p>\n

We\u2019re going to see some movement on the privatization front tomorrow:<\/strong> The government will sign an unspecified agreement with an unspecified private sector player as part of the state ownership policy tomorrow, according to a Cabinet statement seen by Enterprise. <\/p>\n

We\u2019ll know more tomorrow:<\/strong> Prime Minister Moustafa Madbouly will announce during a presser the details of the agreement, as well as the government\u2019s plans for state asset sales in the coming period, the statement reads. A revised version of the policy plan leaked to the press in August<\/a> indicated the government is looking to reel in USD 5 bn in investment through the sale of state-owned companies and assets to private sector investors through to June 2024. <\/p>\n

THE BIG STORY ABROAD<\/strong><\/p>\n

Picking up where we left off this morning, the situation in the Red Sea continues to steer <\/strong>the conversation in the international press this afternoon<\/strong>, after US Defense Secretary Lloyd Austin announced yesterday<\/a> the assembly of a multinational naval operation to protect the seaway following Houthi missile and drone assaults<\/a> on passing vessels. (Reuters<\/a> | Bloomberg<\/a>)<\/p>\n

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INTERESTED IN APPLYING?<\/strong> To apply for the position, drop us a line at jobs@enterprisemea.com and mention \u201cEnterprise Advisory\u201d in your subject line. Please send a solid cover letter telling us a bit about who you are and why you\u2019re a good fit for our team. We want to see your CV, but the most important thing is a cover letter that makes us want to pick up the phone and give you a call.<\/p>\n

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