{"id":627354,"date":"2018-07-30T03:39:29","date_gmt":"2018-07-30T03:39:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/"},"modified":"2018-07-30T03:39:29","modified_gmt":"2018-07-30T03:39:29","slug":"why-is-everyone-so-scared-of-the-privatization-bogeyman","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/","title":{"rendered":"Why is everyone so scared of the \u201cprivatization\u201d bogeyman?"},"content":{"rendered":"

<\/a> Why is everyone so scared of the \u201cprivatization\u201d bogeyman?<\/strong> It\u2019s about time Egypt gets over its unfounded fear of using the word \u201cprivatization\u201d when discussing the future of state-owned companies, Abdel Moneim Saeed writes for Al Masry Al Youm<\/a>. State-owned companies are generally badly managed, are not transparent and do little to improve themselves. Saeed hits the nail on the head in pointing out that shying away from using the term \u201cprivatization\u201d is simply an issue of semantics that does not change the fact that privatization itself usually yields a positive outcome.<\/p>\n","protected":false},"excerpt":{"rendered":"

Why is everyone so scared of the \u201cprivatization\u201d bogeyman? It\u2019s about time Egypt gets over its unfounded fear of using the word \u201cprivatization\u201d when discussing the future of state-owned companies, Abdel Moneim Saeed writes for Al Masry Al Youm. State-owned companies are generally badly managed, are not transparent and do little to improve themselves. Saeed […]<\/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":[9411],"tags":[72,9410],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627354","post","type-post","status-publish","format-standard","hentry","category-on-deadline","tag-enterpriseam","tag-on-deadline","wpautop","entry"],"acf":{"mongo_id":"203f0d23-bad3-4425-9fcb-422272d9cc89","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[627335],"teaser":"","voice_url":""},"yoast_head":"\nWhy is everyone so scared of the \u201cprivatization\u201d bogeyman? - 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\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why is everyone so scared of the \u201cprivatization\u201d bogeyman?\" \/>\n<meta property=\"og:description\" content=\"Why is everyone so scared of the \u201cprivatization\u201d bogeyman? It\u2019s about time Egypt gets over its unfounded fear of using the word \u201cprivatization\u201d when discussing the future of state-owned companies, Abdel Moneim Saeed writes for Al Masry Al Youm. State-owned companies are generally badly managed, are not transparent and do little to improve themselves. Saeed […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-30T03:39:29+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\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Why is everyone so scared of the \u201cprivatization\u201d bogeyman?\",\"datePublished\":\"2018-07-30T03:39:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/\"},\"wordCount\":102,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"On Deadline\"],\"articleSection\":[\"On Deadline\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/\",\"name\":\"Why is everyone so scared of the \u201cprivatization\u201d bogeyman? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-07-30T03:39:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why is everyone so scared of the \u201cprivatization\u201d bogeyman?\"}]},{\"@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":"Why is everyone so scared of the \u201cprivatization\u201d bogeyman? - 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\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/","og_locale":"en_US","og_type":"article","og_title":"Why is everyone so scared of the \u201cprivatization\u201d bogeyman?","og_description":"Why is everyone so scared of the \u201cprivatization\u201d bogeyman? 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Harb expresses his (very understandable) confusion over the hysteria that surrounds the notion of privatization, noting that much of the concern is\u2026","rel":"","context":"In "On Deadline"","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"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":627354,"position":1},"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":599529,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/heliopolis-housing-a-pilot-of-the-states-privatization-program-could-sell-al-nasr-stake\/","url_meta":{"origin":627354,"position":2},"title":"Heliopolis Housing, a pilot of the state\u2019s privatization program, could sell Al Nasr stake","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"M&A WATCH- Heliopolis Housing could sell Al Nasr stake: State-owned Heliopolis Housing and Development (HDD), one of the first companies set to pilot the state\u2019s new privatization drive, could sell a 20% stake in Al Nasr Real Estate Development worth some EGP 48 mn to Zahraa Maadi Investment, according to\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":591974,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/egypt-to-see-no-privatization-in-january-says-finance-minister\/","url_meta":{"origin":627354,"position":3},"title":"Egypt to see no privatization in January, says Finance Minister","author":"enterpriseam admin","date":"23 December 2019","format":false,"excerpt":"PRIVATIZATION WATCH- No stake sales by state companies in January? There will be no \u201cofferings\u201d of state-owned companies on the EGX in January, Finance Minister Mohamed Maait said yesterday, according to Al Mal. We read this as saying there will be no stake sales by already-listed state-owned companies including Alexandria\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\/2020\/2\/259.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543386,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/state-privatization-program-to-resume-in-march-maait\/","url_meta":{"origin":627354,"position":4},"title":"State privatization program to resume in March -Maait","author":"enterpriseam admin","date":"31 January 2022","format":false,"excerpt":"Privatization program to resume in March -Maait: We can expect more state-owned companies to offer shares on the EGX in the coming weeks, according to Finance Minister Mohamed Maait, who told Bloomberg Asharq (watch, runtime: 3:26) yesterday that the state privatization program will resume in March. 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