Morgan Stanley: Ras el-Hekma deal implies massive momentum in Egypt’s privatization program

Ras el-Hekman new deal, which is the biggest in Egypt's history in the prime minister's own words, implies massive momentum in the country's privatisation programme, which so far has secured about US$5.6 billion between April 2022 and December 2023 from selling stakes in 14 different state-owned companies, according to Morgan Stanley.