The government is considering selling stakes in two listed companies, Misr Fertilizer Production Company (MOPCO) and Delta Sugar Company, as part of its divestment plan from some public enterprises, according to informed sources. Delta Sugar Company is one of the largest sugar producers in Egypt, with a market share of about 40%. The company’s main shareholder is the Egyptian Sugar and Integrated Industries Company, affiliated to Holding Company For Food Industries, which owns 55.73% of the company. Delta Sugar Company also owns stakes in Faiyum Sugar Works Company (26.8%) and Nobaria Sugar and Refining Company (30%). The company’s main shareholders are Abu Dhabi Developmental Holding and the Saudi Public Investment Fund, which acquired stakes in MOPCO last year.
