{"id":642789,"date":"2017-08-22T04:14:41","date_gmt":"2017-08-22T04:14:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/"},"modified":"2017-08-22T04:14:41","modified_gmt":"2017-08-22T04:14:41","slug":"privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/","title":{"rendered":"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services"},"content":{"rendered":"

The current state of public companies and services has made privatization \u2014 or at <\/strong>least private sector investment \u2014 a necessity<\/strong>, Osama Ghazali Harb writes for Al Ahram<\/a>. Harb expresses his (very understandable) confusion over the hysteria that surrounds the notion of privatization, noting that much of the concern is connected to the way privatization has happened in the past, rather than the concept of privatization in itself. He points to the overhaul of the country\u2019s railway network, which is expected to cost EGP 45 bn \u2014 a sum the state cannot afford on its own \u2014 as a clear example of a public service that is in dire need of the privatization \u201cbogeyman.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The current state of public companies and services has made privatization \u2014 or at least private sector investment \u2014 a necessity, Osama Ghazali Harb writes for Al Ahram. Harb expresses his (very understandable) confusion over the hysteria that surrounds the notion of privatization, noting that much of the concern is connected to the way privatization […]<\/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-642789","post","type-post","status-publish","format-standard","hentry","category-on-deadline","tag-enterpriseam","tag-on-deadline","wpautop","entry"],"acf":{"mongo_id":"6f841276-9653-46fd-918b-28207b44423e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642758],"teaser":"","voice_url":""},"yoast_head":"\nPrivatization can be a knight in shining armor, not a bogeyman, for public companies in services - 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\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services\" \/>\n<meta property=\"og:description\" content=\"The current state of public companies and services has made privatization \u2014 or at least private sector investment \u2014 a necessity, Osama Ghazali Harb writes for Al Ahram. Harb expresses his (very understandable) confusion over the hysteria that surrounds the notion of privatization, noting that much of the concern is connected to the way privatization […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-22T04:14:41+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\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\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services\",\"datePublished\":\"2017-08-22T04:14:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/\"},\"wordCount\":126,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"On Deadline\"],\"articleSection\":[\"On Deadline\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/\",\"name\":\"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-22T04:14:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services\"}]},{\"@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":"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services - 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\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/","og_locale":"en_US","og_type":"article","og_title":"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services","og_description":"The current state of public companies and services has made privatization \u2014 or at least private sector investment \u2014 a necessity, Osama Ghazali Harb writes for Al Ahram. Harb expresses his (very understandable) confusion over the hysteria that surrounds the notion of privatization, noting that much of the concern is connected to the way privatization […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-08-22T04:14:41+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\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services","datePublished":"2017-08-22T04:14:41+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/"},"wordCount":126,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","On Deadline"],"articleSection":["On Deadline"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/","name":"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-08-22T04:14:41+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/privatization-can-be-a-knight-in-shining-armor-not-a-bogeyman-for-public-companies-in-services\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Privatization can be a knight in shining armor, not a bogeyman, for public companies in services"}]},{"@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":627354,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/why-is-everyone-so-scared-of-the-privatization-bogeyman\/","url_meta":{"origin":642789,"position":0},"title":"Why is everyone so scared of the \u201cprivatization\u201d bogeyman?","author":"enterpriseam admin","date":"30 July 2018","format":false,"excerpt":"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\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":599632,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/06\/nib-to-select-nine-companies-for-second-phase-of-egypts-privatization-program\/","url_meta":{"origin":642789,"position":1},"title":"NIB to select nine companies for second phase of Egypt\u2019s privatization program","author":"enterpriseam admin","date":"6 January 2019","format":false,"excerpt":"**#2 IPO WATCH- NIB to select nine companies for second phase of state privatization program: The National Investment Bank (NIB) is expected to nominate nine state-owned companies for the second phase of the state privatization program, according to a Planning Ministry statement. The statement did not provide further details on\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":546182,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/privatization-program-back-in-action-this-september-says-tawfik\/","url_meta":{"origin":642789,"position":2},"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":624286,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/a-case-of-self-sabotage-at-the-state-privatization-program\/","url_meta":{"origin":642789,"position":3},"title":"A case of self sabotage at the state privatization program?","author":"enterpriseam admin","date":"4 September 2018","format":false,"excerpt":"A case of self-sabotage at the state privatization program? Conventional wisdom would have it that it a share sale would not be well served by antagonizing potential investors. That appears not to have come across to the Public Enterprises Ministry, as the head of the Holding Company For Metallurgical Industries,\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":592878,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/11\/egypts-maritime-holding-co-is-getting-its-ducks-in-a-row-with-intl-consultants-as-privatization-beckons\/","url_meta":{"origin":642789,"position":4},"title":"Egypt\u2019s Maritime Holding Co is getting its ducks in a row with int\u2019l consultants as privatization beckons","author":"enterpriseam admin","date":"11 November 2019","format":false,"excerpt":"PRIVATIZATION WATCH- Holding Co for Maritime getting its ducks in a row with int\u2019l consultants \u2014 Is privatization beckoning? The Holding Company for Maritime and Land Transport is in talks with international consulting firms to evaluate its plans to restructure and merge a number of its subsidiaries, sources told Al\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":642789,"position":5},"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 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642789","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=642789"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642789\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642758"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642789"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642789"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}