{"id":652601,"date":"2017-01-15T04:14:21","date_gmt":"2017-01-15T04:14:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources\/"},"modified":"2017-01-15T04:14:21","modified_gmt":"2017-01-15T04:14:21","slug":"the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources\/","title":{"rendered":"The continued existence of loss-making public companies is wasting state resources"},"content":{"rendered":"

Newton questions the merits of maintaining public sector companies: <\/strong>The mismanagement of state-owned companies awash in red ink is costing the government valuable resources that could be better appropriated for education or health, Newton writes in his latest piece for Al Masry Al Youm<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Newton questions the merits of maintaining public sector companies: The mismanagement of state-owned companies awash in red ink is costing the government valuable resources that could be better appropriated for education or health, Newton writes in his latest piece for Al Masry Al Youm.<\/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-652601","post","type-post","status-publish","format-standard","hentry","category-on-deadline","tag-enterpriseam","tag-on-deadline","wpautop","entry"],"acf":{"mongo_id":"83f221bb-4d78-49a5-a984-78c77cacbf47","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652576],"teaser":"","voice_url":""},"yoast_head":"\nThe continued existence of loss-making public companies is wasting state resources - 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\/01\/15\/the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The continued existence of loss-making public companies is wasting state resources\" \/>\n<meta property=\"og:description\" content=\"Newton questions the merits of maintaining public sector companies: The mismanagement of state-owned companies awash in red ink is costing the government valuable resources that could be better appropriated for education or health, Newton writes in his latest piece for Al Masry Al Youm.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-15T04:14:21+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\/2017\/01\/15\/the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The continued existence of loss-making public companies is wasting state resources\",\"datePublished\":\"2017-01-15T04:14:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources\/\"},\"wordCount\":55,\"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\/01\/15\/the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/the-continued-existence-of-loss-making-public-companies-is-wasting-state-resources\/\",\"name\":\"The continued existence of loss-making public companies is wasting state resources - 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The current composition of government has a needlessly large number of ministries, he writes. The ministries of tourism, antiquities, culture, and\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":646658,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/newton-wants-the-government-to-revise-lifting-subsidies\/","url_meta":{"origin":652601,"position":1},"title":"Newton wants the government to revise lifting subsidies","author":"enterpriseam admin","date":"20 June 2017","format":false,"excerpt":"Newton wants the government to revise lifting subsidies some more: The Al Masry Al Youm columnist writing under the pseudonym Newton thinks the government should rework its schedule for lifting subsidies in light of the inflationary impact of its economic reforms that has not been offset by an increase in\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":594044,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/hhd-could-extend-deadline-for-stake-management-bids\/","url_meta":{"origin":652601,"position":2},"title":"HHD could extend deadline for stake + management bids","author":"enterpriseam admin","date":"17 October 2019","format":false,"excerpt":"HHD could extend the deadline to accept bids for 10% stake + management: State-owned Heliopolis Housing and Development (HHD) could extend the deadline to accept bids to acquire a 10% stake (with management rights) after a number of companies were reported to have missed the Monday cut-off point, sources told\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":652201,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/newton-doesnt-like-meat-plan-and-hamzawy-is-surprisingly-not-optimistic\/","url_meta":{"origin":652601,"position":3},"title":"Newton doesn\u2019t like meat plan \u2014 and Hamzawy is (surprisingly) not optimistic","author":"enterpriseam admin","date":"3 January 2017","format":false,"excerpt":"Newton doesn\u2019t like meat plan: The Al Masry Al Youm columnist writing under the pseudonym Newton published a letter from a reader saying the plan to import one mn head of cattle to produce 1,000 tonnes of meat will cost Egypt 15,400 liters of water per kg of meat produced,\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":562979,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/four-companies-to-ipo-in-2h2021\/","url_meta":{"origin":652601,"position":4},"title":"Four companies to IPO in 2H2021?","author":"enterpriseam admin","date":"14 June 2021","format":false,"excerpt":"The EGX could see as many as four companies debut shares during the second half of the year, EGX Chairman Mohamed Farid told Reuters.Want to know who? Farid is keeping us guessing. The EGX boss didn\u2019t mention which companies could go public or when, only telling the newswire that they\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593998,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/16\/hdd-receives-three-bids-in-sale-of-10-stake-management-rights\/","url_meta":{"origin":652601,"position":5},"title":"HDD receives three bids in sale of 10% stake, management rights","author":"enterpriseam admin","date":"16 October 2019","format":false,"excerpt":"Three bidders for 10% stake + management rights to Heliopolis Housing and Development. Three unnamed companies have submitted bids to acquire a 10% stake in state-owned Heliopolis Housing and Development (HHD) in the company before the Monday deadline, an unnamed source close to the matter said, according to Al Mal.\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\/329.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\/652601","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=652601"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652601\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/652576"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=652601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=652601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=652601"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=652601"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=652601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}