Tue, 21-Oct-2025

Egypt to privatise key state companies as inflation surges

Egypt

Egyptian Prime Minister Mostafa Madbouli announced Sunday a string of deliberate privatizations of state-owned organizations, as Cairo grapples with a monetary disaster and inflation at nearly 15%. Following years of accusations of kingdom agencies crowding out non-public investments, the authorities introduced a roadmap on Sunday to greater than double the personal area’s percentage in the economy. Madbouli … Read more