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السويس بلدي
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2026-07-26T09:15:26.000Z

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Investment Minister launches government companies' IPO program

Investment Minister launches government companies' IPO program

The article focused on the launch of a program to build the readiness of government companies temporarily listed on the Egyptian stock exchange. The program is organized by the General Authority for Financial Supervision in cooperation with the Financial Services Institute and the Egyptian Directors Center. Its goal is to enable these companies to meet the final listing requirements and fully prepare them for offerings in the financial market by developing their accounting and organizational capabilities and providing training on disclosure rules and governance. Officials emphasize that this program supports the government's efforts to expand citizen ownership and achieve economic sustainability by increasing community participation in ownership of government companies, especially in the oil, insurance, and industrial sectors. It aims to foster an investment culture and ensure compliance with market regulations. Additionally, it is expected to prepare 20 state-owned companies for offering before the end of 2026, thereby strengthening the growth of the capital market and supporting economic reform efforts.

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