Egypt expects to list up to four state-owned companies on the Egyptian Exchange (EGX) within the next 12 months, Investment and Foreign Trade Minister Mohamed Farid Saleh announced in London.
The planned public offerings form part of a broader capital market revival, with the government projecting an additional four to five private sector stock listings over the same 12-month period.
However, the minister did not disclose the identity of the four targeted state entities – to protect market sensitivities.
To bolster market depth, the government intends to slash corporate bureaucracy, aiming to simplify company registration, streamline domestic capital raising, and ease mergers and acquisitions (M&A) processes for non-listed firms.
The privatization push aligns with structural benchmarks tied to Egypt’s $8 billion IMF program, designed to curb public sector dominance, transition toward a floating exchange rate, and stimulate private sector investment.
Recent regulatory interventions support this timeline. The EGX launched a futures market in March 2026 and approved the temporary listing of 12 state entities in April to accelerate transaction execution mechanics.
Cairo aims to secure between $3 billion and $4 billion from state asset sales and IPOs by the end of December 2026 to boost foreign reserves and improve liquidity.
Minister Saleh noted that foreign direct investment flows for the current fiscal year are projected to expand by 10% to 15% from the $12.2 billion recorded in the previous period.
