Cairo: Prime Minister Mostafa Madbouli has appointed Hashem el-Sayed Hashem as Assistant to the Prime Minister and full-time Chief Executive at the Cabinet's Central Unit for Monitoring and Regulating State-Owned Companies, effective for a four-year term.According to State Information Service Egypt, the decision was made on Wednesday, October 15, 2025. The appointment allows for the possibility of one additional renewal period, indicating the government's trust in Hashem's capabilities to oversee and regulate state-owned enterprises effectively.Hashem's role will involve close monitoring and regulation of the performance and governance of state-owned companies, a crucial area for economic stability and growth. This decision reflects the administration's commitment to strengthening the management of state-owned entities, ensuring they operate efficiently and contribute positively to the national economy.