State-owned enterprises (SOEs) revenues in Egypt 2016-2019
In 2018/2019, the Egypt Air Holding Company generated close to 4.08 billion Egyptian pounds (corresponding to 260 million U.S. dollars), which was the highest among the other state-owned enterprises (SOEs) in Egypt. From 2016/2017 onwards, the organization's revenues followed a declining trend dropping from 4.46 billion Egyptian pounds (roughly 284.36 million U.S. dollars). As of 2018/2019, Egypt Holding Company for Insurance and Naval Land Transportation Holding Company followed with revenues reaching 2.55 billion Egyptian pounds (around 162.39 million U.S. dollars) and 1.52 billion Egyptian pounds (close to 96.91 million U.S. dollars), respectively.