14 State-Owned Companies to Be Listed on Egyptian Exchange

Fourteen state-owned companies are being prepared for listing on the Egyptian Exchange, as part of a broader pipeline spanning construction, tourism, chemicals, textiles and pharmaceuticals.

In the construction sector, candidates include El Maadi Development and Construction, El Nasr Company for Buildings and Construction, Société Égyptienne d’Entreprises and The Arab Bureau for Design and Engineering Consultancy.

Tourism-related firms in the pipeline include El Maamora for Construction and Touristic Development, Sound and Light Egypt, La Société Commerciale du Bois, The Egyptian General Company for Tourism and Hotels, Arab Company for Hotels and Tourism Investments and Tourism Development Company.

In chemicals, the list includes El Nasr Salines Company and El Nasr for Fertilizers and Chemical Industries, alongside Arab Cotton Ginning Company in textiles and CID Pharmaceuticals.

The companies are currently completing regulatory procedures and central registration with Misr for Clearing, Settlement and Central Depository, with listings expected to proceed based on each entity’s readiness and compliance.

Separately, 12 companies have already completed temporary listing procedures, including Sinai Manganese Company, National Company for Asset Management and Investment and The Egyptian Contracting Company, among others. Work is also ongoing on eight additional companies, bringing the broader listing pipeline to around 20 firms.