Egypt Reviews 2026-2030 Transfer Plan for State Holding Companies to Expand Private Sector Role
Updated
Updated · Egyptian Gazette · Aug 2
Egypt Reviews 2026-2030 Transfer Plan for State Holding Companies to Expand Private Sector Role
2 articles · Updated · Egyptian Gazette · Aug 2
Summary
Prime Minister Moustafa Madbouli said Egypt is pressing ahead with proposals to transfer ownership of several public-sector holding companies and subsidiaries under its divestment drive.
The review was tied to the 2026-2030 State Ownership Policy, which the government says will speed growth, improve the business climate, attract domestic and foreign investment, and simplify investor procedures.
Madbouli said the plan also aims to restructure state-owned enterprises, raise operational performance, strengthen governance and transparency, and maximize returns from public assets to help reduce public debt.
Officials examined consolidated financial indicators, each holding company's financial position, underused assets, and land that could be packaged into investment-ready opportunities for private investors.
The meeting underscores Egypt's broader push to shift more economic activity to the private sector while tightening oversight of state companies and improving asset management.