The ministry’s harvest data for 2025 showed that exports also grew by 27 percent to $1 billion in FY2024/2025, while the total market value of firms listed on the Egyptian Stock Exchange (EGX) increased by 36 percent, as several state-owned firms returned to profitability.
The public business sector is one of the main areas included in the government’s initial public offering (IPO) programme, which is part of Egypt’s divestment plan aimed at increasing the private sector’s share of the national economy.
According to ministry data, the Ministry of Public Business Sector owns six holding companies that oversee 63 subsidiary firms. It also holds stakes in 106 other companies.
The improved financial and operational performance was driven by partnerships with the private sector and holding companies across industrial, production, and service sectors. These include pharmaceuticals, chemicals, textiles, tourism, construction, and metal industries, in line with Egypt’s Vision 2030 and the IPO programme.
State-owned firms also expanded production capacity, strengthened competitiveness, increased investment projects, and improved technical skills among workers.
These measures helped maximize returns from state assets, boost local manufacturing, and increase exports, in line with the government’s programme and the State Ownership Policy.
The State Ownership Policy aims to increase the private sector’s role in economic activity to support GDP growth. This approach is a key pillar of Egypt’s ongoing $8 billion Extended Fund Facility (EFF) deal with the International Monetary Fund (IMF), which has reached staff-level agreement.
The policy focuses on enabling private sector participation, forming partnerships in selected sectors, and gradually adjusting government investment levels.
Over the past decade, the public business sector recorded a more than 360 percent increase in revenues. Exports approached $1 billion, while the market value of listed companies rose by 36 percent in the fiscal year ending 30 June 2025.
Meanwhile, Egypt’s Financial Regulatory Authority (FRA) is reviewing proposed amendments to the Capital Market Law that would allow the EGX to be converted into a joint-stock company and potentially listed on the exchange.
Plans are also underway to list more state-run firms on the EGX this year, expanding the government’s IPO programme to include 52 investment opportunities, up from the initial 35 companies offered to investors.
Short link: