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بوابة الشروق
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بوابة الشروق

2026-11-03T00:24:06.000Z

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PM nominee named Sunday

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Egypt Aluminum stake plan

Egypt Aluminum stake plan

Assistant to the Prime Minister and head of the State-Owned Enterprises Unit, Hashem El-Sayed, said the government plans to offer a stake in Egypt Aluminium Company and aims to list Egypt Life Insurance Company on the stock exchange early next December. He stressed that companies of national and strategic importance—including pharmaceutical companies and sectors linked to national security and defense—are excluded from the offerings. However, a limited stake of up to 10% may be offered in some of them to strengthen governance and transparency.

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