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00:00 Let me tell you that since the beginning of the program, even today, without a doubt, we were talking about 5.5 billion dollars.
00:10 This is a large amount of money, I think, in terms of the diversity of the companies that were proposed.
00:17 We are talking about companies in the field of tourism and hotels, we are talking about companies in the field of petrochemicals,
00:23 we are talking about companies in the field of financial technology.
00:26 So there is a diversity in the size of the companies, and I think this is what gives the number of proposals a great value.
00:33 Not how many companies I have proposed, but the value of the companies and the diversity of the companies that have been proposed.
00:40 I think this is the great value in the Egyptian Proposals Program.
00:43 Egypt has identified a large number of companies, all of them are diverse companies in different sectors.
00:48 And we propose, of course, according to what is specified by the fair value of the company, the fair value must be evaluated.
00:54 Because in the end, these are the principles of the state that I will preserve for the coming generations, so I must always enhance the return that comes from these principles.
01:01 But Doctor, do you target a specific number of companies to propose?
01:06 No, of course, we work according to a set of specifications.
01:09 A set of specifications that I achieve the fair value of the company, the fair evaluation, and at the same time, I enhance the return.
01:18 There are companies that need capital, there are companies that need to develop and pump new capital,
01:26 there are companies that need you to expand in a different way.
01:32 All the different companies are according to their specifications, and therefore, today we have a set of companies that are targeted to be proposed before the end of the financial year.
01:45 After the historical investments that we have seen in the United Arab Emirates, will Saudi Arabia also be a strategic investor in Egypt, in your opinion?
01:54 The Egyptian state is always open to all countries in the world in investment.
01:59 The countries that are close, of course, in the strong relations between them and the political relations between them, of course, are among the closest countries to invest.
02:08 But we are open to all countries in the world in investment. Egypt is a large economy.
02:15 We have worked very hard in recent years to develop the Egyptian infrastructure to attract investment,
02:23 whether it is a road network, a port network, or different services.
02:28 We also worked on the investment environment to improve the investment climate from different legislations.
02:35 We have developed a law for investment, and we have given advantages and advantages to investors.
02:40 We have special economic areas that have also attracted a large amount of investment.
02:44 Dr. Hala, you are also the President of the Board of Directors of the Egyptian Stock Exchange.
02:48 What is the size of the stock exchange today?
02:51 Today we are talking about the capital of the 100-year-old company, which is about 400 billion pounds.
02:56 This is a large capital for the company.
03:01 Of course, not all of it is cash. We are talking about the size of these assets,
03:09 the assets of companies and the assets of buildings, but they are estimated at approximately this size.