Cairo: Prime Minister Mostafa Madbouli on Thursday, October 2, 2025, instructed speeding up the completion of several projects slated for listing under the government's IPO program. The directive came during a meeting at the New Administrative Capital to review the program's progress, in the presence of Governor of the Central Bank of Egypt Hassan Abdalla, Planning and Economic Development Minister Rania Al-Mashat, Communications and Information Technology Minister Amr Talaat, Electricity Minister Mahmoud Essmat, Finance Minister Ahmed Kouchouk, Public Business Sector Minister Mohamed Shimi, Investment and Foreign Trade Minister Hassan El-Khatib, Petroleum Minister Karim Badawi, and other senior officials.

According to State Information Service Egypt, Cabinet Spokesman Mohamed El-Homsani stated that the meeting reviewed the status of companies in the final stages of IPO procedures. The discussions encompassed projects across various sectors, including telecoms, banking, petrochemicals, pharmaceuticals, mining, oil and gas, tourism, airports, and real estate.

The meeting also examined plans to offer several military-affiliated companies for listing. These companies include the National Company for Petroleum, Safi (the National Company for Producing and Bottling Water), the National Company for Roads, Chill Out, and Silo Foods. The move to accelerate these projects is part of the government's broader strategy to stimulate economic growth and attract foreign investment through the IPO program.