privatization

Cabinet denies reports of EgyptAir’s privatization
Business

Cabinet denies reports of EgyptAir’s privatization

The Egyptian Cabinet said on Friday that the rumors alleging the government’s plans to privatize EgyptAir for the benefit of…
DP World, Israeli firm to bid for Haifa port privatization
Middle East

DP World, Israeli firm to bid for Haifa port privatization

DUBAI, United Arab Emirates (AP) — Dubai-based port operator DP World said Wednesday it would partner with an Israeli firm…
America’s business of prisons thrives even amid a pandemic
World

America’s business of prisons thrives even amid a pandemic

MINNEAPOLIS (AP) — As factories and other businesses remain shuttered across America, people in prisons in at least 40 states…
Egypt’s cabinet refutes claims of privatization of Suez Canal Authority
Business

Egypt’s cabinet refutes claims of privatization of Suez Canal Authority

Egypt’s cabinet refuted on Thursday rumors of selling the Suez Canal Authority to privately-owned companies to establish funding for the…
Egypt govt bill prepares companies for re-nationalization
Business

Egypt govt bill prepares companies for re-nationalization

  Egypt’s Ministry of the Public Business Sector has prepared a draft law to eliminate the entanglements of companies returning…
Health Ministry denies plans to privatize mental hospital
Egypt

Health Ministry denies plans to privatize mental hospital

  According to the Egyptian Cabinet’s Information and Decision Support Center (IDSC), the government has no intention to privatize the…
Major Tunisian union threatens protests if privatizations go ahead
Middle East

Major Tunisian union threatens protests if privatizations go ahead

Tunisia’s powerful UGTT labor union will stage protests if the government goes ahead and privatizes ailing state firms, the UGTT…
Govt’s public offering not limited to offered companies only: Finance Minister
Business

Govt’s public offering not limited to offered companies only: Finance Minister

Minister of Finance Amr al-Garhy said that the initial public offering (IPO) program for government companies placed on the stock exchange…
Egypt Transportation Minister: No privatization of railway system
Egypt

Egypt Transportation Minister: No privatization of railway system

The Egyptian Transportation Minister, Hesham Arafat, said Friday that the government has no plans to privatize the railway system, adding…
Egypt to sell 20-30% stakes in state firms slated for IPO
Business

Egypt to sell 20-30% stakes in state firms slated for IPO

Egypt will sell stakes of between 20 and 30 percent in state companies that it decides to float on the…
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