00:00 Egypt is aiming to raise $5 billion in 10 months by proposing six projects, including a national, clean and one of Siemens' stations to generate electricity, another to generate wind and water storage stations.
00:14 The Egyptian government expressed its aim in reporting the implementation of the projects program, which has recently expanded to 35 companies, including Dekhila, Egyptian Telecommunications, and Eastern Smoking, and is set to complete its proposal in the first half of next year.
00:31 This is a announcement that comes at a time when the financial market is at its highest level in its history, and the Egyptian government is also preparing to submit two companies, Domiat and Bursaid, to the exchange of bonds and shares of the United Bank in the last quarter of 2023.
00:49 With the Egyptian government announcing its readiness to sell more assets and assets in the project program, which contributes to strengthening foreign investments and expanding the private sector and increasing dollar revenue,
01:02 it seems that the speed of this program is part of Egypt's effort to reach an agreement with the IMF to complete the first and second reviews of the economic reform program, which will be completed after the first review has been delayed by about six months.
01:18 The Egyptian government has sold 13 companies worth about $5 billion since March 2022 and until last July, including eight companies for the Abu Dhabi Group, worth $2.8 billion,
01:33 including seven historic hotels worth $700 million for the Talat Mustafa Group, and four companies for the Saudi General Investment Fund worth about $1.3 billion.
01:46 blah, blah, blah, blah, blah.
