PM: Egypt to offer 5 state-owned companies on stock exchange by end-year

Prime Minister Mostafa Madbouly announced that four to five state-owned companies will be offered on the stock exchange before the end of the year, following the temporary listing of 16 companies so far.

Madbouly said during a press conference today on the sidelines of the weekly cabinet meeting that the government aims to temporarily list four more companies on the stock exchange before the end of the current month, in addition to targeting the listing of 10 companies in the petroleum sector.

This comes as part of the government’s commitment to the privatization program to meet its pledges to the International Monetary Fund (IMF). In a report at the end of March 2026, the IMF said, “No material divestments have taken place over the past 24 months, while new companies affiliated with the armed forces have been established.”

Temporary listing is a transitional step toward a public offering which enables companies to build an effective disclosure record, strengthen their operational and regulatory readiness, and increase investor confidence before the offering, supporting the success of the offerings and the targets of the government offerings program, according to a statement by the Financial Regulatory Authority.

The number of companies listed on the Egyptian Exchange stands at 265, while its benchmark index achieved annual gains of about 41% last year.