PM: Gov’t gives top priority to restructuring economic entities

Prime Minister Mostafa Madbouly said the government gives a top priority to restructuring economic entities during the current phase. Madbouly made the remarks in a meeting with Deputy Prime Minister for Economic Affairs Hussein Eissa on Monday, February 16, 2026, to follow up on the developments on restructuring economic bodies and state-owned companies. The premier … The post PM: Gov’t gives top priority to restructuring economic entities appeared first on Egypt Independent. Facebook Twitter LinkedIn Prime Minister Mostafa Madbouly said the government gives a top priority to restructuring economic entities during the current phase. Madbouly made the remarks in a meeting with Deputy Prime Minister for Economic Affairs Hussein Eissa on Monday, February 16, 2026, to follow up on the developments on restructuring economic bodies and state-owned companies. The premier added the government is intensifying efforts to accelerate executive measures aimed at upgrading economic bodies, with a view to enhancing their efficiency and improving their economic and administrative performance, enabling them to fulfill their mandated roles in line with the State’s objectives. For his part, Eissa said work is underway to speed up the restructuring of economic entities. He noted that a meeting is scheduled for Tuesday with officials from the General Authority for Reconstruction Projects and Agricultural Development, to be followed by a meeting with Ahmed al-Muslimani, Head of the National Media Authority, on Wednesday. Eissa stated that a subsequent meeting will be held on the New Urban Communities Authority to review and discuss its development plan and project marketing strategy. Another meeting is planned with the General Authority for Supply Commodities, which has submitted its development plan. Discussions will also take place with Transport Minister Kamel al-Wazir regarding the status of reform efforts at the Egyptian National Railways and the Cairo Metro. At the same time, the deputy prime minister said the government is currently examining the foundations for updating the State Ownership Policy Document, in a manner that supports the State’s goal of increasing private sector participation across various economic activities. He stated that a meeting will be held on Tuesday with leaders from the public business sector to oversee the operation of a number of companies formerly affiliated with the sector, to ensure business continuity and the achievement of structural reform objectives, as part of the State’s strategy to improve economic efficiency and adopt a unified vision for managing state-owned enterprises. Regarding state-owned companies, Eissa said he is currently reviewing files related to 40 companies proposed for transfer to the Egypt Sovereign Fund, submitted by the unit responsible for restructuring state-owned enterprises. In addition, procedures are underway for the temporary listing of 20 other companies on the Egyptian Exchange, ahead of their full listing, bringing the total number of companies to 60 in line with a presidential directive on the matter. TagsEgypt Mostafa Madbouly Prime Minister MENAFebruary 17, 2026 Facebook Twitter LinkedIn Facebook Twitter LinkedIn Pinterest Messenger Messenger WhatsApp Telegram Share via Email Print