Egypt is preparing 60 state-owned companies for restructuring and investment, including 40 proposed for transfer to the Sovereign Fund of Egypt and 20 undergoing listing procedures on the Egyptian Exchange, Deputy Prime Minister for Economic Affairs Hussein Issa said on Monday. Issa stated that he is currently studying the files of 40 companies recommended for transfer by the unit responsible for restructuring state-owned enterprises. The announcements came during a meeting with Prime Minister Mostafa Madbouly to review the progress of restructuring economic authorities and state-owned firms. The Deputy Prime Minister outlined a schedule for upcoming reviews of state entities, including a meeting on Tuesday with officials from the General Authority for Land Reclamation and Agricultural Development. Additionally, a meeting with leaders of the public business sector is scheduled for Tuesday to manage several companies previously under its jurisdiction.

Source: Daily News Egypt February 16, 2026 17:01 UTC