Egypt approved an additional EGP 1.061 billion in dividend distributions from five state-owned holding companies for fiscal year (FY) 2024/2025 to support the state treasury.
Updated 6/30/2026 2:53:00 PM
Egypt has temporarily listed four state-owned companies on the Egyptian Exchange (EGX), including three from the petroleum sector, as part of the government's initial public offering (IPO) aimed at broadening private sector participation.
Updated 6/28/2026 12:38:00 PM
This move aims at boosting the efficiency of these hotels to pave the way for offering them on the stock market.
Updated 4/5/2023 11:18:00 AM
Egypt aims to promote the participation of the private sector to accelerate the pace of economic growth by offering state-run companies on the Egyptian Exchange (EGX), as well as through direct partnerships in projects and holding companies with major investors.
Updated 2/22/2023 7:31:00 AM