Published On 4/6/2026
The Egyptian government announced its intention to list between four and five state-owned companies on the stock exchange before the end of December 2026, as part of a program aimed at strengthening the role of the private sector and attracting investments.
Egyptian Prime Minister Mostafa Madbouly said that the government is working to complete the IPO procedures in the coming months, without revealing the names of the companies nominated for listing.
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This step comes within the economic reform program implemented by Egypt in cooperation with the International Monetary Fund, which includes expanding the participation of the private sector in the economy and reducing the role of the state in some economic activities.
Economic reforms
Egypt, which faces challenges related to high public debt and inflation rates, is seeking to provide new financial resources by selling shares in government companies, whether through direct deals or through the stock market.
Madbouly confirmed that the government also intends to switch to a cash support system during the next fiscal year, explaining that the goal of this step is not to reduce the value of the support, but rather to ensure that it reaches eligible groups in a more efficient manner.
More than 60 million citizens benefit from the system of subsidized food commodities in Egypt, while about 70 million people receive subsidized bread through government support programs.
The issue of switching from in-kind to cash support is one of the most prominent economic reform files discussed by the government, as it seeks to improve the efficiency of public spending and reduce waste in the support system.
Observers believe that the success of the government IPO program and the shift to monetary support represent two essential elements in Egypt’s strategy aimed at enhancing financial stability and attracting more local and foreign investments.
