1 Day
Source:
بوابة الشروق
Deputy Prime Minister on Economic Reforms
The Assistant Prime Minister and CEO of the State-Owned Enterprises Authority in Egypt affirmed that the government is serious about restructuring and governance of the economic sector. A new law, Law No. 170 of 2025, has been issued to regulate state ownership in it, aimed at enhancing transparency and improving the management of government companies. Sixteen companies have already been listed on the stock exchanges, with plans to add another 14 companies, including those in the petroleum sector. This is part of an effort to boost the government offering programs and increase private sector participation. Additionally, the government is preparing to announce an updated ownership policy document by the end of June 2026, focusing on regulating the role of the state and achieving equal opportunities between the public and private sectors.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)