Egypt finalizes $6 billion in state asset sales across 11 sectors

The move is part of a broader strategy to increase private sector involvement, generate foreign currency, and reduce the state's role in commercial activity.

International Monetary Fund's (IMF) Managing Director Kristalina Georgieva attends a press conference with Egyptian Prime Minister Mostafa Madbouly in the Cabinet at the New Administrative Capital (NAC) in the east of Cairo, Egypt, November 3, 2024.

(photo credit: REUTERS/AMR ABDALLAH DALSH)

ByTHE MEDIA LINE STAFF

MAY 6, 2025 22:46

Updated: MAY 6, 2025 22:53

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