The Egyptian government will unveil its initial public offering (IPO) plan for three to four companies affiliated with the Armed Forces next week, Prime Minister Mostafa Madbouly announced in a press conference.

The plan will also cover various sectors, including banking, industry, pharmaceuticals, and other investment areas. 

In addition, Madbouly confirmed that the second phase of Egypt’s Universal Health Insurance system is set to begin soon.

This phase, expected to span three years, will extend coverage to five additional governorates, building on the first phase, which included six governorates.