Cairo: Prime Minister Mostafa Madbouly reviewed on Tuesday, March 31, 2026, progress on state-owned companies and the government offerings program. The meeting was attended by Deputy Prime Minister for Economic Affairs Hussein Issa and CEO of the Cabinet's Central Unit for Monitoring and Regulating State-Owned Companies Hashem El-Sayed.
According to State Information Service Egypt, Issa outlined companies scheduled for temporary listing on the Egyptian Exchange and others set to be transferred to the Sovereign Fund of Egypt, noting that procedures are currently underway. El-Sayed stated that 10 out of 20 formerly public sector companies will be temporarily listed within two weeks, with the remaining firms to be listed by the end of April 2026. He further explained that 40 companies are being transferred to the Sovereign Fund to optimize state-owned assets.
The official emphasized that a new methodology has been adopted to enhance transparency and broaden the investor base. He mentioned that international institutions have praised these measures, affirming that they will contribute to increasing the market capitalization of the Egyptian Exchange.