Egypt says 6 bln USD in state asset sales completed under privatization push


  • World
  • Tuesday, 06 May 2025

CAIRO, May 5 (Xinhua) -- Egypt has finalized deals worth 6 billion U.S. dollars under its program to sell stakes in state-owned companies, the government announced on Monday.

The announcement came in a cabinet statement following a meeting chaired by Prime Minister Mostafa Madbouly to review the progress of the asset sale program, often referred to as the "IPO program."

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