Egypt moves to implement new state-ownership law

Egypt’s Prime Minister Moustafa Madbouly held a meeting to follow up on the implementation of Law No. 170 of 2025, which regulates provisions on state ownership in companies fully or partly owned by the government.

The meeting focused on proposed frameworks to execute the law. The law supports Egypt’s efforts to empower the private sector, improve governance of state participation in the economy, and align with the IPO programme and the Sovereign Fund of Egypt’s asset value maximisation strategy.

Officials stressed the need to agree on clear mechanisms to accelerate the law’s implementation, given the large number of state-owned companies and their diverse operations across sectors.

Attribution: Amwal Al Ghad English
Subediting: M. S. Salama