{"id":688722,"date":"2026-03-17T00:00:00","date_gmt":"2026-03-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=688722"},"modified":"2026-03-17T12:38:44","modified_gmt":"2026-03-17T12:38:44","slug":"govt-to-proceed-with-ipo-plans-after-eid","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/17\/govt-to-proceed-with-ipo-plans-after-eid\/","title":{"rendered":"Gov\u2019t to proceed with IPO plans after Eid"},"content":{"rendered":"

Good afternoon, friends, and welcome back.<\/strong> Still unsure where to go for your first post-Ramadan breakfast this weekend? We might have a few ideas. Also in today\u2019s issue: We break down why Ab w Laken didn\u2019t land and list the footie fixtures on our radar tonight. <\/p>\n

\ud83c\udf19 So, when do we eat?<\/strong> Maghrib prayers are at 6:04pm in the capital, and you\u2019ll have until 4:35am tomorrow to hydrate and caffeinate ahead of fajr.<\/p>\n

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THE BIG STORY TODAY-<\/p>\n

\ud83d\udccd The government is expected to finalize a timeline to <\/strong>IPO or sell stakes in at least 20 state-owned companies<\/strong> immediately following the Eid El Fitr break, a government source tells EnterpriseAM. The move is part of a broader push to generate USD 3-4 bn in inflows before year\u2019s end.<\/p>\n

These inflows are part of a plan to raise USD 6 bn to support the country's foreign currency reserves<\/strong> during the next fiscal year<\/strong> to complete the requirements of the reform program with the International Monetary Fund, which will conclude in December.<\/p>\n

What\u2019s on the menu?<\/strong> The list includes Safi, Wataniya, Silo Foods, and Chillout, alongside AlexBank and Banque du Caire. New entrants reportedly under consideration for the ramp-up include Egyptian Ferroalloys, El Nasr Mining, and plastics manufacturer Alamal Alsharif.<\/p>\n

^^ We\u2019ll have more on this story in tomorrow\u2019s edition of EnterpriseAM. <\/p>\n

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THE BIG STORY ABROAD-<\/p>\n

\ud83c\udf10 Dominating the headlines this afternoon is Israeli Defence Minister <\/strong>Israel Katz\u2019s statement <\/strong>that Iran\u2019s security chief, Ali Larijani, and the commander of Iran\u2019s Basij forces, Gholamreza Soleimani, had both been killed in overnight airstrikes. Iran has yet to confirm the killings, which would mark the first high-profile Iranian officials to be killed since Ali Khamenei\u2019s death over two weeks ago. <\/p>\n

^^Read more on: Bloomberg<\/a>, CNBC<\/a>, Reuters<\/a>, and the Financial Times<\/a>.<\/p>\n

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