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#arab

Egypt aims to raise approximately USD 6.5 billion (EGP 200.8 billion) through the privatisation of state-owned companies and assets by the end of this year, Minister of Finance Mohamed Maait announced on 13 February, according to a press release on the ministry’s website. “ contributes to attracting more investments, maximising the role of the private sector in economic activity, and increasing the sector’s participation in public investments to 65 percent in the coming years,” the press release reads. Maait’s comments,…