Prime Minister Mostafa Madbouly affirmed the government’s commitment to advancing the update of the State Ownership Policy Document, driven by economic and geopolitical developments in the region aimed at strengthening private-sector participation as a key partner in achieving sustainable economic growth, creating jobs and enhancing Egypt’s competitiveness regionally and internationally.
This came during Madbouly’s meeting on Monday, December 1, 2025, to review progress on updating the State Ownership Policy Document and to examine the organizational composition of the State-Owned Companies Restructuring Unit.
Attending the meeting were Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat, Minister of Investment and Foreign Trade Hassan al-Khatib, and other senior officials.Madbouly said the government has begun updating the document in line with recent developments, while also evaluating the outcomes achieved during the previous period according to objective criteria, including mechanisms to monitor implementation rates, indicators measuring the impact on private-sector participation in investment and metrics related to competition and competitive neutrality.
He stressed the importance of full coordination among all relevant government bodies as work proceeds to prepare a number of companies for offering during the coming phase.
Cabinet Spokesman Mohamed al-Homosany said the meeting reviewed the status of companies being prepared for offering, as well as the organizational structure of the State-Owned Companies Restructuring Unit chaired by Assistant to the Prime Minister Hisham al-Sayed.
He added that the meeting highlighted the unit’s mandate and objectives, which align with government efforts to enhance the efficiency of state asset management and implement the restructuring plan for state-owned companies to maximize economic returns and support sustainable development.
The unit’s establishment reflects the government’s orientation toward higher levels of transparency and fiscal discipline to boost public-spending efficiency and attract further investment without affecting state ownership of strategic assets.He noted that the unit is the competent authority for all decisions and procedures related to the organization of state-owned companies, and is responsible for monitoring implementation in coordination with the relevant ministries.
The meeting concluded with a review of upcoming steps to update the document’s targets, centered on activating the role of the restructuring unit, optimizing asset utilization through the Sovereign Fund of Egypt, increasing private-sector engagement and strengthening governance of the state’s economic role.
