Latest in Tag: Minister of Public Enterprise Sector Highlight
Latest in Tag: Minister of Public Enterprise Sector

Technology main player in financial inclusion: Hisham Tawfik
NBE, Misr Life Insurance jointly launch ‘Tomorrow Pension’ bank insurance product

Three state-owned companies are ready for EGX stake offering
Egypt will offer 22% to 25% of the shares in HHD in 1Q 2020, says Hesham Tawfik

Egypt launched 1st of Gosoor project to promote foreign trade between Egypt and African countries
Project’s second phase to be completed in Q2 of 2020, says Egypt’s Minister of Public Enterprise Sector

HHD to offer 15% stake on EGX, 10% for strategic investor year-end: Tawfik
First cargo shipping from Sokhna Port to Uganda leaves on Tuesday

Ministry of Public Enterprise Sector entices private sector with reduced sea freight prices for export to East Africa
Tawfik said that the ministry plans to launch an integrated and sophisticated chain of transport and logistics services to support the foreign trade system and provide bridges to Africa to boost bilateral trade.

Public Enterprise Sector companies’ net profit up by 52% to EGP 11.3bn in FY 2017/18
Revenues grow by 20.8% to EGP 102.5bn, exports increase by 48% to EGP 16.5bn

Development of spinning, weaving sector requires $2bn: public enterprise sector minister
We look forward towards signing partnership deals with foreign partners, US companies, in tourism, electronics sectors

Public sector debt reaches EGP 45bn: Khalid Badawi
Minister of Public Enterprise Sector Khalid Badawi said that the total debt of public sector companies to all parties amounts to EGP 45bn, including debt to the National Investment Bank amounting to EGP 21bn. Badawi, at a suhoor event on Wednesday, said that the public sector’s total debts to electricity and gas companies amounted to …