A new group of state-owned companies is moving closer to the Egyptian Exchange, expanding a multi-sector listing pipeline already underway.

Why You Should Care

Egypt is repositioning how state-owned assets are structured, governed, and accessed by investors. For operators, investors, and institutions, this marks a step forward in Egypt’s long-running state-listing program.

According to Alarabiya Business, fourteen state-owned companies are currently being prepared for listing on the Egyptian Exchange (EGX). The companies span several sectors, including construction, tourism, chemicals, textiles, and pharmaceuticals.

Construction

• El Maadi Development and Construction
• El Nasr Company for Buildings and Construction (EGYCO)
• Société Égyptienne d’Entreprises (Mokhtar Ibrahim)
• The Arab Bureau for Design and Engineering Consultancy

Tourism 

• El Maamora for Construction and Touristic Development
• Sound and Light Egypt
• La Société Commerciale du Bois (FABAS)
• The Egyptian General Company for Tourism and Hotels (E.G.O.T.H)
• Arab Company for Hotels and Tourism Investments (ACHTI)
• Tourism Development Company (TOUR)

Chemical Industries

• El Nasr Salines Company
• El Nasr for Fertilizers and Chemical Industries (SEMADCO)

Other Sectors

• Arab Cotton Ginning Company (ACGC) – Textiles
• CID Pharmaceuticals – Pharmaceuticals

The companies are in the process of completing regulatory procedures and central registration with Misr for Clearing, Settlement, and Central Depository (MCDR). The listing will take place based on each company’s readiness and compliance with the required conditions.

Alarabiya reports that so far, 12 companies have completed temporary listing procedures, while work is ongoing on 8 additional companies. This brings the broader pipeline to around 20 companies.

The 12 approved companies include 

• Sinai Manganese Company (SMC)
• National Company for Asset Management and Investment
• The Egyptian Contracting Co (Al Abd)
• National Investment And Reconstruction Co. (NIRCO)
•  El Nasr Housing and Development
• Springs & Transport Needs Mfg. Co (YAYAT)
• Al-Nahda Industries 
• The Egyptian Ferroalloys Company
• El-Nasr Glass & Crystal
• Alexandria Co. for Refractories
• El-Nasr Mining Company
• Egyptian Company for Pipes and Cement Products (Siegwart)

The Ripple

This pipeline adds a steady flow of new companies to the Egyptian Exchange (EGX).

The entry of firms across construction, tourism, chemicals, and pharmaceuticals increases market activity and brings more companies into public view. It also creates additional opportunities for investors to engage with businesses operating across key sectors of the economy.

What to Watch

Attention now turns to when these companies will list.

Each new listing adds to overall activity on the exchange and keeps the pipeline moving. The continued progression of companies signals ongoing momentum, with multiple sectors preparing to enter the public market.