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Hashem El-Sayed, Assistant to the Prime Minister and CEO of the State-Owned Enterprises Unit, said he hoped to see the National Bank of Egypt and Banque Misr listed on the Egyptian Exchange, saying that offering shares in the two banks could change how people view them. He said the move would be consistent with a policy aimed at improving the management of state assets and strengthening the private sector’s role. He noted that revenues in the 2026–2027 budget total around EGP 500 billion, compared with total spending of EGP 8 trillion. El-Sayed announced neither a timetable nor a decision to float the two banks. He also said he did not know what the Central Bank governor meant by a “banking surprise.”
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