Egypt has listed four state-owned companies as part of the government's privatisation programme, the cabinet said on Sunday.
Three are from the petroleum sector — Engineering for Petroleum and Chemical Industries (ENPPI), Egyptian Linear Alkyl Benzene Company (ELAB) and Petroleum Marine Services — while the fourth is Maamoura for Reconstruction and Tourism Development, the cabinet added.
Egypt has embarked on a privatisation campaign to reduce public debt, empower the private sector, improve corporate efficiency, and attract both local and foreign investments.
SOURCE:reuters












