Egypt is accelerating its state asset offering program, with plans to begin the executive steps to list stakes in Misr Life Insurance and Banque du Caire during May and June, Investment Minister Mohamed Farid Saleh said.

Speaking at a roundtable organized by HSBC with the participation of international investors, the minister said the offerings are part of a broader pipeline aimed at deepening Egypt’s capital markets and attracting foreign investment.

He added that six additional profitable companies across different sectors are being prepared for listing, alongside a study to consolidate petroleum assets under a single entity to create a more liquid investment platform for global funds.

Farid noted that the program is being supported by a wider digital transformation of the investment system, which will allow faster execution of corporate actions such as contract amendments and capital increases within one month, in addition to the upcoming launch of a regulatory sandbox for foreign trade.

He also highlighted ongoing discussions with the Bank for International Settlements on strengthening financial supervision and advancing digital capabilities in the non-banking financial sector.

The minister pointed to recent economic reforms, including energy price adjustments and enhanced exchange rate flexibility, which have supported renewed foreign inflows into local debt instruments.

He further said that the non-banking financial sector now accounts for around 50 percent of new financing flows, while microfinance has expanded to serve about 3.9 million beneficiaries.

Farid added that Egypt is advancing digital identity systems and e-KYC solutions to simplify company formation and banking access, particularly for young entrepreneurs.