{"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":"

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

Cairo\u2019s coworking scene has been on the up-and-up, with more options catering to every <\/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

LAST WEEK IN 3 MINS-<\/p>\n

PRIVATIZATION WATCH- <\/strong><\/p>\n

Fresh privatization targets for the new fiscal year: <\/strong>The Madbouly government expects to 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

ECONOMY-<\/strong><\/p>\n

IMF kicks off <\/strong>fifth review<\/a><\/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. The government expects to unlock a USD 1.3 bn disbursement from the review<\/strong>, potentially in June.<\/p>\n

#3- Non-oil private sector activity <\/strong>continued to decline<\/a><\/strong> in April<\/strong>, which non-oil firms attributed to declining demand amid weaker consumer spending, according to S&P Global\u2019s latest 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

#4- Net foreign reserves <\/strong>rose to USD 48.1 bn<\/a><\/strong> at the end of April 2025<\/strong>, marking a USD 387 mn increase from March<\/a>, according to data<\/a> from the Central Bank of Egypt. Net foreign reserves continued to increase m-o-m for the 32th consecutive month.<\/p>\n

#5- Egypt\u2019s current account deficit <\/strong>widened to USD 11.1 bn<\/a><\/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

#6- A slower reform momentum and a strained geopolitical environment have <\/strong>dampened<\/a><\/strong> the IMF\u2019s outlook for Egypt\u2019s 2025 growth prospects<\/strong>, the Fund said in its latest 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

AUTOMOTIVE-<\/strong><\/p>\n

The government is putting together <\/strong>new incentive criteria<\/a><\/strong> and additional benefits for<\/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

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

LOGISTICS-<\/strong><\/p>\n

AD Ports to set up industrial and logistics park in East Port Said:<\/strong> Abu Dhabi wealth fund ADQ-owned AD Ports Group has 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

ENERGY-<\/strong><\/p>\n

Another step toward electricity market liberalization:<\/strong> The newly independent<\/a> Egyptian Electricity Transmission Company (EETC) has 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

\n

AROUND THE WORLD IN SEVEN DAYS- <\/p>\n

<\/p>\n

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

The Gaza campaign intensified:<\/strong> Israel\u2019s cabinet 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

Meanwhile, Oman said in a surprise <\/strong>announcement<\/a><\/strong> it brokered a ceasefire between <\/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

Tensions also flared on the Indian-Pakistani border<\/strong>, with Delhi mounting targeted aerial<\/a>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

Pakistani military officials said <\/strong>they shot down five Indian planes<\/strong> in response<\/strong>, and that troops exchanged fire along the ceasefire line in Kashmir. India\u2019s attacks and Pakistan\u2019s retaliation killed<\/a> and injured tens of people.<\/p>\n

OVER IN THE US-<\/strong> The Trump administration said it is <\/strong>planning to ease<\/a><\/strong> Biden\u2019s <\/strong>last-minute <\/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

AND- Warren Buffett <\/strong>blindsided investors<\/a><\/strong> with a surprise announcement that he wants <\/strong>to <\/strong>step down<\/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

\n
\n
\n
\n

Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\u2600\ufe0f THE WEATHER THIS WEEKEND- <\/p>\n

The temperature is ramping up in the capital this <\/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

\n

HAPPENING THIS WEEKEND-<\/p>\n

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 Ticketsmarch\u00e9<\/a>.<\/p>\n

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 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 Ticketsmarch\u00e9<\/a>.<\/p>\n

Omar Khairat\u2019s Grand Show is taking place on Friday, 9 May. <\/strong>Dress up in your finest formal wear and head to the Qubba Palace<\/a> to experience the iconic composer\u2019s unforgettable talent. Tickets are available on Ticketsmarch\u00e9<\/a>.<\/p>\n

In the mood for vocals that will have you shedding a tear? Medhat Saleh would like a <\/strong>word. <\/strong>On Friday, 9 May, the Egyptian 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 Ticketsmarch\u00e9<\/a>.<\/p>\n

Calling all coffee enthusiasts:<\/strong> The 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 Kamelizer<\/a> in District 5. You can grab your tickets through Ticketsmarch\u00e9<\/a>.<\/p>\n

\n

HAPPENING NEXT WEEKEND-<\/p>\n

Hiba Tawaji and musical director Oussama Rahbani are touching down in <\/strong>Cairo after shows in Toronto, London, and Paris,<\/strong> for an unforgettable night<\/a> of breathtaking music at Hyde Park New Cairo on Thursday, 15 May. You can grab tickets on Tazkarti<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":664965,"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":[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":"\nNew 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 […]\" \/>\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 […]","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":553600,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/09\/abu-qir-to-sell-up-to-10-stake-in-secondary-offering\/","url_meta":{"origin":664964,"position":0},"title":"Abu Qir to sell up to 10% stake in secondary offering","author":"enterpriseam admin","date":"9 December 2021","format":false,"excerpt":"Abu Qir Fertilizers will sell up to 10% of its shares in a secondary offering on the EGX, the company announced in a bourse disclosure (pdf) yesterday. The state-owned company didn\u2019t give any indication of when the sale might go ahead, but Emad El Din Mostafa, the head of the\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\/2021\/12\/272.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570171,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/22\/egypt-postpones-state-privatization-program-new-program-to-be-announced-in-two-months\/","url_meta":{"origin":664964,"position":1},"title":"Egypt postpones state privatization program, new program to be announced in two months","author":"enterpriseam admin","date":"22 March 2020","format":false,"excerpt":"PRIVATIZATION WATCH- The state privatization program is officially being put on ice as the covid-19 outbreak wreaks havoc on global equity markets, Public Enterprises Minister Hisham Tawfik told Ahram Online. The government will announce in two months the new plan for the privatization program, an unnamed official said. The program\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":565338,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/04\/e-finance-making-progress-to-revive-egypts-state-privatization-program\/","url_meta":{"origin":664964,"position":2},"title":"e-Finance making progress to revive Egypt\u2019s state privatization program","author":"enterpriseam admin","date":"4 April 2021","format":false,"excerpt":"State-owned e-payments firm e-Finance could pull the trigger on its IPO sometime during the second half of the year, Chairman Ibrahim Sarhan told Hapi Journal. The company has wrapped up a final valuation study and completed other necessary procedures and is now waiting for the government committee managing the state\u2026","rel":"","context":"In "SPEED ROUND: PRIVATIZATION WATCH"","block_context":{"text":"SPEED ROUND: PRIVATIZATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-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":594533,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/wave-two-of-egypts-state-privatization-program-kicked-to-early-2020\/","url_meta":{"origin":664964,"position":3},"title":"Wave two of Egypt\u2019s state privatization program kicked to early 2020","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"EXCLUSIVE- Wave two of state privatization program kicked to early 2020: The second wave of the state privatization program, which consists only of IPOs, has been postponed to after January 2020 from an original September 2019 date, Public Enterprises Minister Hisham Tawfik told Enterprise. \u201cSome procedures have taken longer 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":559162,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/12\/privatization-program-coming-back-to-life\/","url_meta":{"origin":664964,"position":4},"title":"Privatization program coming back to life?","author":"enterpriseam admin","date":"12 January 2021","format":false,"excerpt":"EXCLUSIVE- The state privatization program appears to be on track to shake off its cobwebs as the government committee in charge of it is set to meet later this month, Public Enterprises Minister Hisham Tawfik told Enterprise. The committee could shuffle the planned order of stake sales, Tawfik said, but\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\/2021\/1\/126.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569285,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/egypts-state-privatization-program-could-be-out-of-hibernation-in-march\/","url_meta":{"origin":664964,"position":5},"title":"Egypt\u2019s state privatization program could be out of hibernation in March","author":"enterpriseam admin","date":"19 February 2020","format":false,"excerpt":"PRIVATIZATION WATCH- The government could be resuming the state privatization program as early as next month, Public Enterprises Minister Hisham Tawfik said, according to Bloomberg. The program, which has only seen a single offering when Eastern Tobacco sold a 4.5% stake in a secondary offering back in March last year,\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\/254.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\/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}]}}