{"id":628184,"date":"2018-06-27T04:15:30","date_gmt":"2018-06-27T04:15:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/first-wave-of-share-sales-in-govt-privatization-program-coming-in-july-or-august\/"},"modified":"2018-06-27T04:15:30","modified_gmt":"2018-06-27T04:15:30","slug":"first-wave-of-share-sales-in-govt-privatization-program-coming-in-july-or-august","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/first-wave-of-share-sales-in-govt-privatization-program-coming-in-july-or-august\/","title":{"rendered":"First wave of share sales in gov\u2019t privatization program coming in July or August"},"content":{"rendered":"

<\/a> EXCLUSIVE- First wave of share sales in gov\u2019t privatization program coming in July or August:<\/strong> 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 company would go first, but comments from former Public Enterprises Minister Khaled Badawy still have us thinking it could be Eastern Tobacco Company. The company was supposed to have selected advisers to begin selling an additional 4% stake this month.<\/p>\n

As for new listings of state-owned companies, the government has yet to settle on which company will pilot the IPO program<\/strong>, according to Maait. The holdup appears to be a report from the Oil Ministry on which company it will recommend to go first. Enppi had been touted to be the first in the program since last year. Other ministries have also not submitted their reports on the companies which will take part in the IPOs. Maait\u2019s comments came a day after he suggested that the first IPOs of the state program would come later than expected. Government officials had previously telegraphed that as many as a half-dozen listings would take place in the second half of this year, an assertion we have consistently questioned.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 company would go first, but […]<\/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-628184","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1b30644a-022b-4271-abc1-a1485ca81160","order":"0","is_powered_by":true,"section_story_id":"895cf440-5c99-45af-89e4-bd62fc3392bb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628175],"teaser":"","voice_url":""},"yoast_head":"\nFirst wave of share sales in gov\u2019t privatization program coming in July or August - 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\/06\/27\/first-wave-of-share-sales-in-govt-privatization-program-coming-in-july-or-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First wave of share sales in gov\u2019t privatization program coming in July or August\" \/>\n<meta property=\"og:description\" content=\"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. 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than\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":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":628184,"position":2},"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 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