public companies are part of the public sector economic sector.
public companies are part of the public sector economic sector.
public companies are part of what economic sector?
the public sector
as a result of the limited government role, many public sector companies were privatized. by 2005, the government sold 209 out of a total of 314 public companies to the private sector with financial support from usaid. this privatization increased unemployment and decreased wages and benefits among workers in these public companies. many of these egyptians who lost their jobs resorted to informal work as street vendors or drivers in cairo.









































section::::impact on agriculture.
economy of egypt and the environment
the companies act, 2013, most sections of which got implemented from 1 april 2014, has mandated all listed public companies to have at least one-third of the total directors to be independent. whereas in the case of unlisted public companies, the following class of companies shall have at least two directors as independent directors:









































(i) public companies having paid up share capital of ten crore rupees or more; or









































(ii) public companies having turnover of one hundred crore rupees or more; or









































(iii) public companies which have, in aggregate, outstanding loans, debentures and deposits exceeding 50 crore rupees or more.
independent director