Mohamed Ibrahim Ahmed El-Shimy has been appointed as the Minister of Public Enterprises Sector, succeeding Mahmoud Esmat, who will now serve as the Minister of Electricity and Renewable Energy.
El-Shimy brings extensive experience in company management, both within and outside the petroleum sector. He successfully led Petrojet, a major company in the petroleum industry, achieving significant milestones. His successful career continued as he headed San Misr, another notable petroleum company. Beyond the petroleum sector, El-Shimy served as Chairperson of the Egyptian Company for Metro Management and Operation, and as CEO and Managing Director of Concord Engineering and Contracting since October 15, 2021.
In the petroleum sector, El-Shimy held several prominent positions, including Chairman of the Boards of major companies such as Petrojet, San Misr, and Ganope (Ganoub El-Wadi Holding Petroleum Company). He also served as Undersecretary of the Ministry of Petroleum for Projects.
El-Shimy’s vast experience in managing large enterprises across various sectors equips him with the skills needed to effectively lead the Ministry of Public Enterprises Sector.