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Amid the bustling streets and modern facades of Cairo's financial districts, a new trend is capturing the attention of the business community: IPOs in Egypt.

The privatization policy in Egypt is one of the elements of economic reform that is aimed at developing the activities of the private sector as well as the capital market. The State Ownership Policy Document released in 2023 by the Prime Minister of Egypt Dr. Mostafa Madbouly demonstrates a transition from the involvement in business operations to becoming a shareholder who controls economic resources but does not get involved in their direct operation.