Mostafa Fahmy

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Minister of Public Sector Affairs Khaled Badawi

Khaled Badawy, ‘minister of settlements’, dreams of assets exploitation

Since Khaled Badawy took office as minister of public sector affairs in January, he focused on debt settlement and exploitation of unutilised assets. Badawy worked on tackling four main portfolios in parallel. First, settling the debts of the sector’s companies, and second, restructuring financial and administrative subsidiaries. In addition, he worked on floating the ministry’s …

Mostafa Fahmy

Foreign pharmaceuticals reject proposed price hikes

Foreign pharmaceutical companies operating in the Egyptian market met in Dubai last week to discuss the proposals made by the Egyptian Minister of Health Ahmed Emad El-Din to tackle the pricing issue surrounding medication. Emad El-Din had suggested increasing the cost of medication sold in Egypt by 50% of the dollar price hike. He had …

Mostafa Fahmy