1 Day
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بوابة الشروق
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PM watches over SOE restructuring
The efforts of the Egyptian government, led by Prime Minister Mostafa Madbouly, have focused on reforming and restructuring state-owned companies to improve their performance and enhance their contribution to the national economy. During the meeting, the implementation steps for updating management systems, increasing production capacities, and developing monitoring and governance frameworks were reviewed, all aimed at increasing the efficiency of these companies and attracting investments. The meeting also included a report on the government's plan to divest from certain companies, with an emphasis that work is proceeding according to a specific timetable, in order to broaden the ownership base, strengthen domestic and foreign investments, and achieve targeted economic development.
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