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A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
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Egypt earns 3.3 billion pounds
CAIRO — Egypt has earned 3.3 billion Egyptian pounds ($569 million) since July from its ongoing privatisation programme, Gamal Mubarak, head of the ruling National Democratic Party’s policy committee, said yesterday.
Egypt relaunched its privatisation efforts as part of a package of economic reforms brought by a cabinet appointed in July to boost investment and lift economic growth. “The proceeds from the sale of ... public sector companies since July of last year have reached 3.3 billion pounds, approximately double the figure for the last four years combined,” Mubarak told a meeting of businessmen in Cairo.
Egypt plans to work on privatising its energy, transport and financial sectors this year, Prime Minister Ahmed Nazif said during a regional meeting of the World Economic Forum in Jordan last week.
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