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Egypt steps up efforts to boost private sector’s role

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Egyptian Gazette
Home Egypt

Egypt steps up efforts to boost private sector’s role

by Gazette Staff
November 10, 2026
in Egypt
Egypt steps up efforts to boost private sector’s role 12 - Egyptian Gazette
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Egypt is stepping up efforts to expand the private sector’s role in the economy, boost investment and exports, and drive economic growth in line with the objectives of Egypt Vision 2030, the Cabinet’s Information and Decision Support Centre (IDSC) said on Tuesday.

In a series of infographics published on its social media platforms, the centre outlined government efforts to build a more competitive economy by expanding private-sector participation in economic activity and boosting its role as a key driver of sustainable development.

In recent years, the government has taken steps to increase private-sector participation in the national economy by redefining the state’s role in the economy, improving the management of state-owned assets and expanding private-sector involvement in implementing projects.

The International Monetary Fund (IMF) described Egypt’s recently adopted State Ownership Policy as an important step towards enhancing the framework governing state ownership. It also highlighted measures taken by the authorities to improve the business environment and promote competition.

The World Bank, meanwhile, noted that Egypt had taken initial steps towards creating a more favourable environment for private-sector growth. These included unifying the exchange rate, addressing major distortions in the foreign exchange market, introducing new legislation to improve the regulatory framework for business activities, and implementing the State Ownership Policy to regulate the state’s role in the economy.

Fitch Ratings also pointed to gradual improvements in Egypt’s business environment, supported by continued economic reforms, expanding trade and investment opportunities, and the modernisation of tax administration.

The European Bank for Reconstruction and Development (EBRD), for its part, described the initial public offering (IPO) of Banque du Caire as a milestone in Egypt’s privatisation programme. The listing was expected to help develop capital markets and increase private-sector participation in the banking sector.

The infographics also highlighted the private sector’s growing contribution to economic activity. Private investment as a share of total investment rose by 20.9 percentage points to 60.8 per cent in FY2025/2026, up from 39.9 per cent in FY2021/2022.

The private sector’s contribution to GDP also increased by 4.8 percentage points to 79.9 per cent in FY2025/2026, compared with 75.1 per cent in FY2021/2022.

Under the government’s IPO programme, 25 deals completed between early 2022 and June 2026 were valued at roughly $37 billion, including the Ras El-Hekma and Alam El-Roum deals.

On November 2, 2026, trading in Banque du Caire shares began on the Egyptian Exchange’s main market in the banking sector. Valued at more than LE36.37 billion, the offering was the largest in the history of Egypt’s stock market. It comprised approximately 6.86 billion shares, representing 45 per cent of the bank’s total share capital.

Tags: CabinetEBRDEconomyEgyptGDPIDSCIMFinvestmentsprivate sectorTop_NewsWB
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