Stakes in these companies will be offered to individual and strategic investors, Prime Minister Mostafa Madbouly says The Egyptian government plans to sell stakes in 32 state-owned companies, in everything from electricity and banking to [ More … ]
Egypt’s non-oil private sector remained deep in contraction in October, the 23rd straight month of decline, a survey showed on Thursday. The S&P Global Egypt Purchasing Managers’ Index (PMI) stood at 47.7, its highest since [ More … ]
The recent subsidized infantry milk crisis has turned a spotlight on the army’s widening footprint in the economy and its potential impact on the struggling private sector at a time when al-Sisi, the former minister [ More … ]
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