{"id":625598,"date":"2018-08-09T03:49:00","date_gmt":"2018-08-09T03:49:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/"},"modified":"2018-08-09T03:49:00","modified_gmt":"2018-08-09T03:49:00","slug":"maait-reassures-private-sector-their-role-in-privatization-program-is-secure","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/","title":{"rendered":"Maait reassures private sector their role in privatization program is secure"},"content":{"rendered":"

<\/a> EXCLUSIVE- Maait to private sector service providers: We have a piece of the IPO program for you. <\/strong>Finance Minister Mohamed Maait is reassuring private-sector bankers, lawyers and other advisers that they will have roles to play in the share sales of five companies piloting the state privatization program. The minister made the remarks in an exclusive interview with Enterprise. State-owned NI Capital will manage three of the five stake sales, he said, leaving the remaining two up for grabs by the private sector.<\/strong> The government will hold tenders for legal counsels and financial advisers for all five of the share sales, he noted. As we noted earlier this week<\/a><\/u>, NI Capital had been tapped to manage share sales for Alexandria Container and Cargo Handling and Heliopolis for Housing and Development. We expect the third company in its roster will be Alexandria Mineral Oils Company (AMOC). Chemical Industries Holding Company (CIHC) Chairman Emad El Din Mostafa had said that NI Capital was organizing a limited tender for private sector banks to manage share sales for Eastern Company and Abu Qir Fertilizers.<\/p>\n

Maait also noted that the government hopes this initial phase would bring in EGP 20 bn in new investment<\/strong>, with the treasury\u2019s share of the stake sale looking to reach EGP 8-10 bn. The first of the offerings will take place in October, with Maait reiterating that shares in all five companies will be sold by December.<\/p>\n","protected":false},"excerpt":{"rendered":"

EXCLUSIVE- Maait to private sector service providers: We have a piece of the IPO program for you. Finance Minister Mohamed Maait is reassuring private-sector bankers, lawyers and other advisers that they will have roles to play in the share sales of five companies piloting the state privatization program. The minister made the remarks in an […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625598","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"85121fb1-c2f2-4cd7-938f-33d2c8d64b68","order":"0","is_powered_by":true,"section_story_id":"204b9c0c-09bc-43dc-b4d9-e486a372b9d2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625591],"teaser":"","voice_url":""},"yoast_head":"\nMaait reassures private sector their role in privatization program is secure - 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\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maait reassures private sector their role in privatization program is secure\" \/>\n<meta property=\"og:description\" content=\"EXCLUSIVE- Maait to private sector service providers: We have a piece of the IPO program for you. Finance Minister Mohamed Maait is reassuring private-sector bankers, lawyers and other advisers that they will have roles to play in the share sales of five companies piloting the state privatization program. The minister made the remarks in an […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-09T03:49:00+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\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\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Maait reassures private sector their role in privatization program is secure\",\"datePublished\":\"2018-08-09T03:49:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/\"},\"wordCount\":248,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/\",\"name\":\"Maait reassures private sector their role in privatization program is secure - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-08-09T03:49:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Maait reassures private sector their role in privatization program is secure\"}]},{\"@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":"Maait reassures private sector their role in privatization program is secure - 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\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/","og_locale":"en_US","og_type":"article","og_title":"Maait reassures private sector their role in privatization program is secure","og_description":"EXCLUSIVE- Maait to private sector service providers: We have a piece of the IPO program for you. Finance Minister Mohamed Maait is reassuring private-sector bankers, lawyers and other advisers that they will have roles to play in the share sales of five companies piloting the state privatization program. The minister made the remarks in an […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-08-09T03:49:00+00:00","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\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Maait reassures private sector their role in privatization program is secure","datePublished":"2018-08-09T03:49:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/"},"wordCount":248,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/","name":"Maait reassures private sector their role in privatization program is secure - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-08-09T03:49:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/maait-reassures-private-sector-their-role-in-privatization-program-is-secure\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Maait reassures private sector their role in privatization program is secure"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":628184,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/first-wave-of-share-sales-in-govt-privatization-program-coming-in-july-or-august\/","url_meta":{"origin":625598,"position":0},"title":"First wave of share sales in gov\u2019t privatization program coming in July or August","author":"enterpriseam admin","date":"27 June 2018","format":false,"excerpt":"EXCLUSIVE- First wave of share sales in gov\u2019t privatization program coming in July or August: The first wave of state companies selling shares as part of the government\u2019s privatization program is coming in either July or August, Finance Minister Mohamed Maait tells Enterprise. The minister stopped short of specifying which\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":625640,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/eastern-co-to-be-first-share-sale-in-priv-program-to-be-managed-by-private-sector\/","url_meta":{"origin":625598,"position":1},"title":"Eastern Co to be first share sale in priv. program to be managed by private sector","author":"enterpriseam admin","date":"12 August 2018","format":false,"excerpt":"Eastern Company to be the first share sale in privatization program to be managed by private sector banks: It looks like the Eastern Company is the first company of the state privatization program to officially confirm that its share sale will be managed by a private sector bank. The company,\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":626050,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/ni-capital-invites-7-local-investment-banks-to-bid-on-managing-eastern-co-amoc-share-sales\/","url_meta":{"origin":625598,"position":2},"title":"NI Capital invites 7 local investment banks to bid on managing Eastern Co., AMOC share sales","author":"enterpriseam admin","date":"29 August 2018","format":false,"excerpt":"NI Capital invites 7 local investment banks to bid on managing Eastern Co., AMOC share sales: State-owned NI Capital has invited seven local investment banks to bid to quarterback upcoming stake sales by cigarette-maker Eastern Company and the Alexandria Mineral Oils Company, unidentified sources tell Al Mal. Who got the\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":624315,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/state-privatization-program-to-kick-off-in-october-maait-says\/","url_meta":{"origin":625598,"position":3},"title":"State privatization program to kick off in October, Maait says","author":"enterpriseam admin","date":"5 September 2018","format":false,"excerpt":"** #2 The state privatization program is on track to kick off in October, Finance Minister Mohamed Maait told the press yesterday, Al Mal reports. Two already-listed companies will sell additional shares on the EGX next month, Maait added, with three others set to follow before the end of the\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":625399,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/05\/ni-capital-to-manage-another-stake-sale-of-the-privatization-program\/","url_meta":{"origin":625598,"position":4},"title":"NI Capital to manage another stake sale of the privatization program","author":"enterpriseam admin","date":"5 August 2018","format":false,"excerpt":"NI Capital to manage another stake sale of the privatization program: The Holding Company For Maritime & Land Transport has tapped state-owned NI Capital to manage the sale of 30% of subsidiary Alexandria Container and Cargo Handling (ACCH) as part of the state\u2019s privatization program, according to a company statement.\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":582724,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/16\/govt-to-start-marketing-state-companies-to-investors-in-april-says-maait\/","url_meta":{"origin":625598,"position":5},"title":"Gov\u2019t to start marketing state companies to investors in April, says Maait","author":"enterpriseam admin","date":"16 March 2023","format":false,"excerpt":"Another eight companies could be earmarked for privatization as Cabinet looks to give the asset sale program new momentum","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\/2022\/7\/Banque-du-Caire-1600px.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\/625598","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=625598"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625598\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/625591"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=625598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=625598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=625598"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=625598"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=625598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}