{"id":664964,"date":"2025-05-09T00:00:00","date_gmt":"2025-05-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/"},"modified":"2025-05-09T00:00:00","modified_gmt":"2025-05-09T00:00:00","slug":"new-privatization-targets-for-next-fiscal-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/","title":{"rendered":"New privatization targets for next fiscal year"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends, and a happy Friday to you all.<\/strong> Before you dive into today\u2019s issue and take any of our outing suggestions, make sure you gear up for the heatwave taking over the weekend.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cairo\u2019s coworking scene has been on the up-and-up, with more options catering to every <\/strong><strong>need available than ever. <\/strong>Whether you\u2019re a tech entrepreneur looking to feed off the energy of your ilk, a digital nomad passing through the city of a thousand minarets, or a local professional tired of doing business in the sanctuary of your own home, the perfect fit has never been easier to find. <\/p>\n<p class=\"tag-border-left\"> LAST WEEK IN 3 MINS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PRIVATIZATION WATCH- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Fresh privatization targets for the new fiscal year: <\/strong>The Madbouly government expects to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97a9e9f2-a50c-4b34-9748-6c28a0cf6397\/\" style=\"\" rel=\"noopener\">raise USD 4-5 bn<\/a> from selling stakes in 11 state-owned companies during the fiscal year 2025-2026 as a part of its privatization program. Saudi and Kuwaiti transactions under the privatization program could be announced soon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ECONOMY-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IMF kicks off <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a66c6b58-7fdf-410b-a82d-eaf3fb53715e\/\" style=\"\" rel=\"noopener\">fifth review<\/a><\/strong><strong> of Egypt\u2019s loan program:<\/strong> \u201cA team from the International Monetary Fund will begin the fifth review of the Extended Fund Facility Arrangement in Cairo this week,\u201d IMF Press Officer Angham Al Shami said in a note seen by EnterpriseAM. We were told by three government sources that the preliminary mission from the Fund is set to touch down in Egypt this week to begin reviewing data ahead of a two-week visit from a full mission. <strong>The government expects to unlock a USD 1.3 bn disbursement from the review<\/strong>, potentially in June.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Non-oil private sector activity <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9293074c-d475-4da1-a962-d67814cd29b1\/\" style=\"\" rel=\"noopener\">continued to decline<\/a><\/strong><strong> in April<\/strong>, which non-oil firms attributed to declining demand amid weaker consumer spending, according to S&P Global\u2019s latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/399.pdf\" style=\"\" rel=\"noopener\">Purchasing Managers Index (PMI) report (pdf)<\/a>. Egypt\u2019s headline figure dropped 0.7 percentage points to 48.5 in April, falling further beneath the 50.0 mark that separates contraction from growth and marking Egypt\u2019s lowest PMI reading in 2025 so far.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Net foreign reserves <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/379fbc59-daca-4f02-97d8-a7cab6eb9056\/\" style=\"\" rel=\"noopener\">rose to USD 48.1 bn<\/a><\/strong><strong> at the end of April 2025<\/strong>, marking a USD 387 mn increase from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c45f76f8-8448-4ffe-97ce-795a9e3b33f4\/it%25e2%2580%2599s-day-two-of-the-efg-hermes-one-on-one-in-dubai\" style=\"\" rel=\"noopener\">March<\/a>, according to <a target=\"_blank\" href=\"https:\/\/www.cbe.org.eg\/en\/news-publications\/news\/2025\/05\/06\/09\/47\/net-international-reserves-at-the-end-of-april-2025\" style=\"\" rel=\"noopener\">data<\/a> from the Central Bank of Egypt. Net foreign reserves continued to increase m-o-m for the 32th consecutive month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Egypt\u2019s current account deficit <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c0a2cc8d-588d-4507-ad86-3181558c5899\/\" style=\"\" rel=\"noopener\">widened to USD 11.1 bn<\/a><\/strong><strong> in 1H FY 2024-2025<\/strong>, up from USD 9.6 bn in the same period last fiscal year, driven by an increase in the trade deficit and a drop in Suez Canal revenues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- A slower reform momentum and a strained geopolitical environment have <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bb226ad0-682e-49d6-97a2-353f20cea3c4\/\" style=\"\" rel=\"noopener\">dampened<\/a><\/strong> <strong> the IMF\u2019s outlook for Egypt\u2019s 2025 growth prospects<\/strong>, the Fund said in its latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/36.pdf\" style=\"\" rel=\"noopener\">Regional Economic Outlook (pdf)<\/a>, adding that \u201ceconomic activity is expected to pick up but remain modest\u201d this year. The cascading effects of the war on Gaza and a heavier debt service burden have further \u201ccomplicated\u201d Egypt\u2019s post-pandemic fiscal consolidation efforts, the report noted.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AUTOMOTIVE-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The government is putting together <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a748f35c-83e5-485c-b6e9-ca6199ce6ddc\/\" style=\"\" rel=\"noopener\">new incentive criteria<\/a><\/strong><strong> and additional benefits for<\/strong><strong> automakers<\/strong> participating in the Automotive Industry Development Program (AIDP) in a bid to boost local component rates to 65% from 45%. The revised incentive framework introduces a new methodology for calculating local component requirements and value-added metrics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The revised program could include new customs concessions<\/strong> to speed up the import of inputs for local manufacturers and set minimum vehicle production targets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>LOGISTICS-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports to set up industrial and logistics park in East Port Said:<\/strong> Abu Dhabi wealth fund ADQ-owned AD Ports Group has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6e52c19b-f03e-4028-8aac-319a2bee5621\/\" style=\"\" rel=\"noopener\">inked a 50-year renewable usufruct agreement<\/a> with the Suez Canal Economic Zone (SCZone) to develop and operate an industrial and logistics zone spanning 20 sq km in East Port Said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ENERGY-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another step toward electricity market liberalization:<\/strong> The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e9f1eb44-24c3-43f7-992c-8f2471ceb054\/%253cmark%253eeetc%253c%2Fmark%253e-finally-splits-from-eehc-in-move-to-liberalize-the-electricity-market\" style=\"\" rel=\"noopener\">newly independent<\/a> Egyptian Electricity Transmission Company (EETC) has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cf8bf5ea-db99-41c7-baa8-dd3b6a759e19\/\" style=\"\" rel=\"noopener\">approved five private renewables players<\/a> for electricity sale licenses, a government source told EnterpriseAM. The companies operate five solar and wind plants, each with a 100 MW capacity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AROUND THE WORLD IN SEVEN DAYS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/695.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This week's news painted a volatile global landscape<\/strong>, with Israel advancing plans for indefinite control of Gaza, Oman brokering a truce between Houthis and the US, and military confrontations erupting between India and Pakistan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Gaza campaign intensified:<\/strong> Israel\u2019s cabinet <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a66c6b58-7fdf-410b-a82d-eaf3fb53715e\/\" style=\"\" rel=\"noopener\">approved plans<\/a> to control large parts of Gaza indefinitely and relocate Palestinians to \u201csterile zones\u201d all across the strip, while taking over aid distribution. Israeli officials signalled the intensive plan will be implemented only if a ceasefire failed to materialize by the time US President Trump leaves the region after his anticipated gulf summit in mid-May.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Oman said in a surprise <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a5fff048-debb-4e59-a806-d83db4cdf13a\/\" style=\"\" rel=\"noopener\">announcement<\/a><\/strong><strong> it brokered a ceasefire between <\/strong><strong>Yemen\u2019s Houthis and the US<\/strong>, shortly after US President Trump confirmed strikes on the Houthis will stop in return for an end to attacks on US ships in the Red Sea. The ceasefire apparently blindsided Israel, just hours after waging airstrikes that took Yemen\u2019s main airport out of service.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tensions also flared on the Indian-Pakistani border<\/strong>, with Delhi <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a5fff048-debb-4e59-a806-d83db4cdf13a\/\" style=\"\" rel=\"noopener\">mounting targeted aerial<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a5fff048-debb-4e59-a806-d83db4cdf13a\/\" style=\"\" rel=\"noopener\">attacks<\/a> against what it called \u201cterrorist sites\u201d inside Pakistan and the Kashmir province. The attacks have been framed as a retaliation against deadly terrorist attacks that hit India last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Pakistani military officials said <\/strong><strong>they shot down five Indian planes<\/strong><strong> in response<\/strong>, and that troops exchanged fire along the ceasefire line in Kashmir. India\u2019s attacks and Pakistan\u2019s retaliation <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0fc4353d-8d63-4516-9507-bc7135596027\/\" style=\"\" rel=\"noopener\">killed<\/a> and injured tens of people.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OVER IN THE US-<\/strong> <strong>The Trump administration said it is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0fc4353d-8d63-4516-9507-bc7135596027\/\" style=\"\" rel=\"noopener\">planning to ease<\/a><\/strong><strong> Biden\u2019s <\/strong><strong>last-minute <\/strong><strong>restrictions on exports of advanced AI chips<\/strong>, introduced in January and set to take effect on May 15. The tiered system \u2014 which divided countries into three tiers that were allowed to receive unlimited, capped, or no exports \u2014 will reportedly be cancelled, and likely replaced with new rules aiming at handing the US more control over chips abroad. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Warren Buffett <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d53997c1-bf77-4b89-a9f0-baa0c24617cb\/\" style=\"\" rel=\"noopener\">blindsided investors<\/a><\/strong><strong> with a surprise announcement that he wants <\/strong><strong>to <\/strong><strong>step down<\/strong><strong> as CEO of Berkshire Hathaway<\/strong> by the end of the year, to be replaced by Vice Chairman Greg Abel. The 94-years old Wall Street icon has spent some 60 years at the helm of Berkshire \u2014 which he turned from a textile manufacturer into a USD 1.2 tn conglomerate with a super-successful investment strategy that earned him the nickname \u201cOracle of Omaha.\u201d<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"tag-border-left\">\u2600\ufe0f THE WEATHER THIS WEEKEND- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The temperature is ramping up in the capital this <\/strong><strong>weekend<\/strong>, with the mercury today set to rise to 37\u00b0C before dropping to 24\u00b0C at night. Saturday will see another hike in temperature, peaking at 39\u00b0C and cooling to a still-warm 27\u00b0C at night, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HAPPENING THIS WEEKEND-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The RiseUp Summit returns once again today<\/strong>, this Thursday, 8 May through Saturday, 10 May at the Grand Egyptian Museum, bringing together investors, leaders, entrepreneurs, and promising startups in Egypt and the Arab region. You can grab your tickets from <a target=\"_blank\" href=\"https:\/\/riseup.ticketsmarche.com\/\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cairo Photo Week returns under the banner of Finding the View starting tomorrow, <\/strong>featuring over 14 exhibitions, lectures, workshops, and networking meetups. This year\u2019s <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DIrFJPjNaAu\/\" style=\"\" rel=\"noopener\">festival<\/a> is taking place from Thursday, 8 May to Sunday, 18 May Downtown and in the Cairo Design District at District 5. You can access all the exhibitions without a paid ticket, but talks and panels require either a day access or a full festival ticket and accept walk-ins. Workshops require advance registration. You can grab your passes from <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/6740\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Omar Khairat\u2019s Grand Show is taking place on Friday, 9 May. <\/strong>Dress up in your finest formal wear and head to the <a target=\"_blank\" href=\"https:\/\/maps.app.goo.gl\/1v3hWo13bSQcUVvj8\" style=\"\" rel=\"noopener\">Qubba Palace<\/a> to experience the iconic composer\u2019s unforgettable talent. Tickets are available on <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/6608\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the mood for vocals that will have you shedding a tear? Medhat Saleh would like a <\/strong><strong>word. <\/strong>On Friday, 9 May, the Egyptian <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/medhatsalehofficial\/?hl=en\" style=\"\" rel=\"noopener\">singer<\/a> and songwriter will be taking to the stage at the Must Theatre in 6th of October. The concert starts at 8pm, and you can secure your seat through <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/6728\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Calling all coffee enthusiasts:<\/strong> The <a target=\"_blank\" href=\"https:\/\/www.egyptcoffeefestival.com\/\" style=\"\" rel=\"noopener\">Egypt Coffee Festival<\/a> is bringing caffeine laymen and experts together for a full day of java-themed activities, competitions, and discussions. The event will kick off at 9am on Saturday, 10 May at <a target=\"_blank\" href=\"https:\/\/maps.app.goo.gl\/ReWZ5tdYsx7sW28P8\" style=\"\" rel=\"noopener\">Kamelizer<\/a> in District 5. You can grab your tickets through <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/6739\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HAPPENING NEXT WEEKEND-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hiba Tawaji and musical director Oussama Rahbani are touching down in <\/strong><strong>Cairo after shows in Toronto, London, and Paris,<\/strong> for an <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DJKFhuroo4Q\/\" style=\"\" rel=\"noopener\">unforgettable night<\/a> of breathtaking music at Hyde Park New Cairo on Thursday, 15 May. You can grab tickets on <a target=\"_blank\" href=\"https:\/\/tazkarti.com\/#\/e\/1350\" style=\"\" rel=\"noopener\">Tazkarti<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, friends, and a happy Friday to you all. Before you dive into today\u2019s issue and take any of our outing suggestions, make sure you gear up for the heatwave taking over the weekend. Cairo\u2019s coworking scene has been on the up-and-up, with more options catering to every need available than ever. Whether you\u2019re [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":664965,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7287],"tags":[6653,587,6654],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-664964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-week-in-review","tag-enterprise-weekend","tag-state-privatization-program","tag-the-week-in-review","wpautop","entry"],"acf":{"mongo_id":"6adae943-ee17-4abb-b686-03d317738d23","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/5\/696.jpg","photo_position":"above","homepage_title":"","full_issue_title":"New privatization targets for next fiscal year","related_issue":[664962],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.0d0860fb-7df2-4ffa-9cf4-05de32ce051d.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New privatization targets for next fiscal year - 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\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New privatization targets for next fiscal year\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends, and a happy Friday to you all. Before you dive into today\u2019s issue and take any of our outing suggestions, make sure you gear up for the heatwave taking over the weekend. Cairo\u2019s coworking scene has been on the up-and-up, with more options catering to every need available than ever. Whether you\u2019re [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-09T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1\" \/>\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=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"New privatization targets for next fiscal year\",\"datePublished\":\"2025-05-09T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/\"},\"wordCount\":1415,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Enterprise Weekend\",\"state privatization program\",\"THE WEEK IN REVIEW\"],\"articleSection\":[\"THE WEEK IN REVIEW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/\",\"name\":\"New privatization targets for next fiscal year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-05-09T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New privatization targets for next fiscal year\"}]},{\"@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":"New privatization targets for next fiscal year - 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\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/","og_locale":"en_US","og_type":"article","og_title":"New privatization targets for next fiscal year","og_description":"Good morning, friends, and a happy Friday to you all. Before you dive into today\u2019s issue and take any of our outing suggestions, make sure you gear up for the heatwave taking over the weekend. Cairo\u2019s coworking scene has been on the up-and-up, with more options catering to every need available than ever. Whether you\u2019re [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-05-09T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"New privatization targets for next fiscal year","datePublished":"2025-05-09T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/"},"wordCount":1415,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1","keywords":["Enterprise Weekend","state privatization program","THE WEEK IN REVIEW"],"articleSection":["THE WEEK IN REVIEW"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/","name":"New privatization targets for next fiscal year - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1","datePublished":"2025-05-09T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/09\/new-privatization-targets-for-next-fiscal-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"New privatization targets for next fiscal year"}]},{"@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":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/696.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"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":664964,"position":0},"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 &quot;Speed Round&quot;","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":664887,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/08\/govt-aims-to-raise-usd-4-5-bn-from-privatization-in-fy-2025-26\/","url_meta":{"origin":664964,"position":1},"title":"Gov\u2019t aims to raise USD 4-5 bn from privatization in FY 2025-26","author":"enterpriseam admin","date":"8 May 2025","format":false,"excerpt":"The funds are expected to be raised from the privatization of 11 state-owned companies and assets","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1163.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":671845,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/govt-looks-to-accelerate-privatization-push-in-run-up-to-imf-review\/","url_meta":{"origin":664964,"position":2},"title":"Gov\u2019t looks to accelerate privatization push in run-up to IMF review","author":"enterpriseam admin","date":"15 September 2025","format":false,"excerpt":"The state\u2019s privatization push raised 48% of its USD 12.2 bn target for March 2022-July 2025","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/6\/329.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626615,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/one-step-closer-to-the-privatization-program\/","url_meta":{"origin":664964,"position":3},"title":"One step closer to the privatization program","author":"enterpriseam admin","date":"8 July 2018","format":false,"excerpt":"One step closer to the privatization program? The committee tasked with managing the state privatization program will soon brief cabinet as a whole on where things stand, Finance Minister Mohamed Maait said in a statement. While the official Finance Ministry statement does not include a deadline, the local press is\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":658283,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/09\/privatization-timeline-for-2025-to-be-announced-in-the-coming-days\/","url_meta":{"origin":664964,"position":4},"title":"Privatization timeline for 2025 to be announced in the coming days","author":"enterpriseam admin","date":"9 January 2025","format":false,"excerpt":"The government will also announce which consultants have been tapped for the offerings","rel":"","context":"In &quot;PRIVITIZATION WATCH&quot;","block_context":{"text":"PRIVITIZATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/privitization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1163.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601249,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/are-there-division-in-the-govt-over-how-to-kickstart-state-privatization-program\/","url_meta":{"origin":664964,"position":5},"title":"Are there division in the gov\u2019t over how to kickstart state privatization program?","author":"enterpriseam admin","date":"24 February 2019","format":false,"excerpt":"EXCLUSIVE- Could an IPO, not a stake sale, kickstart the state privatization program? The government committee tasked with managing the state privatization has is mulling whether to proceed with the original lineup for the program \u2014 with Eastern Company selling shares in an accelerated book build \u2014 or to switch\u2026","rel":"","context":"In &quot;Speed Round&quot;","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\/664964","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=664964"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/664964\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/weekend\/664962"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/664965"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=664964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=664964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=664964"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=664964"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=664964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}