.

PM Madbouly: Government Continues Economic Reform Program to Enhance State-Owned Companies and Attract Investments

Prime Minister Dr. *Mostafa Madbouly* affirmed that the government continues to implement a comprehensive program of economic and institutional reforms aimed at boosting Egypt's economic growth, improving the business environment, and attracting more local and foreign investments, in addition to simplifying procedures for investors.

This came during a meeting held today, Sunday, to discuss proposals for transferring ownership of a number of holding companies and their subsidiaries from the public business sector. The meeting was attended by Dr. *Hussein Eissa*, Deputy PM for Economic Affairs, Dr. *Mohamed Farid Saleh*, Minister of Investment and Foreign Trade, and Dr. *Hashem El-Sayed*, Assistant PM and CEO of the State-Owned Companies Unit. Minister of Finance *Ahmed Kouchouk* joined via video conference.

Madbouly stated that the state is working to raise the efficiency of asset management and empower the private sector as a key partner in development, within the framework of the second edition of the State Ownership Policy Document 2026-2030. The government is restructuring state-owned companies and entrenching governance and transparency principles to maximize asset utilization and achieve the best economic return to reduce public debt.

The PM added that the government continuously monitors performance indicators and reform plans, and is moving forward steadily with the divestment plan to expand private sector participation.