Egypt has temporarily listed six state-owned companies on the Egyptian Exchange (EGX), a move aimed at accelerating the government’s initial public offering (IPO) programme and increasing private sector participation in the economy. The listings include two subsidiaries of the Chemical Industries Holding Company: El Nahda Industries Company – El Nahda Cement Plant and the Egyptian Company for Pipes and Cement Products- Seigwart. Four subsidiaries of the Metallurgical Industries Holding Company were also listed: the Egyptian Ferroalloys Company, El Nasr Mining, Alexandria for Refractories, and El Nasr Glass and Crystal. “The listing of these companies represents a qualitative step towards enhancing confidence in the securities market,” Azzam said. This process is expected to bolster investor confidence before the final offerings are launched, supporting the overall objectives of the government’s IPO programme.

Source: Daily News Egypt April 08, 2026 19:03 UTC