Cairo: Minister of Finance Ahmed Kouchouk announced on Monday, March 23, 2026, that the State recovered assets worth EGP 1.2 billion and collected additional treasury revenues totaling EGP 1.4 billion through the "authority of management and disposal of recovered and seized funds."According to State Information Service Egypt, the ministry is actively working to create new investment opportunities for the private sector through competitive partnerships focused on economic and real estate development. In a statement, Kouchouk emphasized that the government is prioritizing the improvement of state asset management in collaboration with private sector stakeholders.He detailed that the authority in charge aims to protect and develop state assets to ensure their optimal use and achieve the best possible economic returns while maintaining high quality at a low cost. Kouchouk also underscored the government's commitment to enhancing cooperation with developers and investors to leverage real estate assets through investment mechanisms that deliver economic value.Additionally, the Local Development Ministry is coordinating efforts to conduct a thorough field inventory and facilitate the recovery of assets, while also expediting the process of formalizing land ownership.