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 STAFFUpdated: