Privatization: Egypts Only Weapon To Survive the Repercussions of the War in Ukraine

Cairo, Apr 06 (IPS) - Egypt intends to sell shares in 32 state-owned businesses within a year, including three banks, two military-owned businesses, and numerous businesses in the energy and transportation sectors. This is part of the administration's efforts to reduce the role of the state in the economy and attract foreign capital.

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