9 / 9 / 2025 TUE
Ferchem Misr Merger with Abu Zaabal and Aswan: The Birth of a Unified Agricultural Industrial Entity
The merger of three major companies in the fertilizer and chemical sector under the umbrella of Ferchem Misr for Fertilizers and Chemicals, creating a new industrial powerhouse that combines historical experience, geographical spread, and diverse operational capabilities.
New Entity
Name: Ferchem Misr for Fertilizers and Chemicals.
Capital: EGP 800 million distributed over 400 million shares with a par value of EGP 2.
Presence: Extending coverage from northern Egypt (Abu Zaabal) to southern Egypt (Aswan).
Strategic Advantages
- Unification of production, transportation, and energy, increasing operational efficiency and reducing costs.
- A broader industrial base that enables the opening of new export markets.
- Higher competitiveness locally and regionally with a stronger financial structure.
Companies Before the Merger
1_ Ferchem Egypt: A publicly listed company specializing in phosphate and blended fertilizers, it reported strong results in early 2025.
2_ Abu Zaabal Fertilizers: A well-established plant in Qalyubia, one of the leading producers of traditional phosphate.
3_ Aswan Fertilizers: Located in the Aswan-Sabaia area, its proximity to energy sources provides it with lower production costs.
Financial Results After the Merger
Net profit: EGP 2.41 billion in the first half of 2025, compared to only EGP 37 million during the same period in 2024.
Revenue: EGP 4.54 billion, compared to EGP 226 million in the comparative period.
Proposed Dividends: Cash dividend of EGP 6.04 per share, subject to general assembly approval.
Listing Transfer: Shares will be transferred to the main market after the listing of the new capital.
Expansion Plans
In August 2025, the company announced a study into establishing a complex for extracting and concentrating low-grade phosphate ore, which would enhance industrial integration and ensure the sustainability of raw material availability in the future.
Expected Impact
Locally: Reducing logistics costs and enhancing industrial integration.
Exports: Increasing competitiveness and opening new markets.
Investment: The company’s profit growth reflects long-term value despite the increase in the number of shares.
Ferchem Egypt Future Plans
On August 19, 2025, the company announced that it is studying the establishment of a complex for extracting and concentrating low-grade phosphate ore. This would enhance value chain integration, provide a strategic raw material that serves its core business, and open up export prospects.
Conclusion
Ferchem Egypt’s merger with Abu Zaabal and Aswan does not merely represent a corporate restructuring; rather, it establishes an integrated industrial entity capable of becoming a major player in the local and global fertilizer market, supported by exceptional financial growth rates and ambitious future expansion plans.
ISMQ Mines and Quarries
✓ Financial period ending June 30, 2025 (12M)
Revenues: EGP 1.3 billion
Net profit: EGP 697 million
Earnings per share: EGP 0.71
✓ Financial period ending June 30, 2024 (12M)
Revenues: EGP 305 million
Net profit: EGP 125 million
Earnings per share: EGP 0.10
8 / 9 / 2025 MON
Iron and Steel Mines and Quarries
☑️ The Iron and Steel Mines and Quarries Company has proposed cash dividends to shareholders for the past fiscal year’s profits.
☑️ The proposal includes a cash dividend of EGP 0.53 per share, subject to general assembly approval.
7 / 9 / 2025 SUN
Title: Misr National Steel – Ataka (ATQA.CA) Company Statement
Company Name: Misr National Steel – Ataka
ISIN Code: EGS3D0C1C018
Reuters Code: ATQA.CA
Content of Announcement:
Referring to the announcement published on the trading screens on 08/24/205 regarding the company’s submission of a financial offer to the General Authority for Industrial Development to obtain a billet license, the company received a statement confirming that it has not yet received notification from the General Authority for Industrial Development that the company has obtained the license.
Title: Egyptian National Steel – Ataka (ATQA.CA) Company Statement
Company Name: Egyptian National Steel – Ataka
ISIN Code: EGS3D0C1C018
Reuters Code: ATQA.CA
Content of Announcement:
Referring to the news published under the title “Al-Garhy Signs $277 Million Agreement with the Sudanese Ministry of Minerals for Gold Exploration and Production,” the company issued a statement stating that the company has no direct or indirect relationship with this agreement.
Ataka clarifies that it has not yet received any information regarding the billet license.
Egypt National Steel – Ataka (ATQA.CA) clarifies that it has not yet received any information from the Industrial Development Authority regarding its obtaining of the billet license.
Egypt Aluminum is considering establishing a factory with investments of EGP 3 billion with Aluminum Bahrain. Egypt Aluminum signed a memorandum of understanding for investment cooperation with Aluminum Bahrain with initial investments of EGP 3 billion. The company explained that the memorandum aims to evaluate the feasibility of building an alumina refining plant.
31 / 8 / 2025 SUN
Abu Qir ABUK
✓ Financial period ending June 30, 2025 (12M)
Revenues: EGP 22.9 billion
Net profit: EGP 9.3 billion
Earnings per share: EGP 6.32
P/E ratio: 8.3x
✓ Financial period ending June 30, 2024 (12M)
Revenues: EGP 18.5 billion
Net profit: EGP 13.4 billion
Earnings per share: EGP 9.14
18 / 8 / 2025 MON
Company Name: Misr Beni Suef Cement
ISIN Code: EGS3C371C019
Currency: Egyptian Pound
Consolidated Financial Statements for the Period: From January 1, 2025 to June 30, 2025
Net Profit: 952,805,541
Consolidated Comparative Figures for the Period: From January 1, 2024 to December 31, 2024
Net Profit for the Comparative Period: 833,163,594
Company Name: Al-Ezz Ceramics and Porcelain – Al-Jawhara
ISIN Code: EGS3C071C015
Currency: Egyptian Pound
Financial Statements for the Period: From January 1, 2025 to June 30, 2025
Net Loss: 58,996,970
Comparative Figures for the Period: From January 1, 2024 to June 30, 2024
Net Profit for the Comparative Period: 100,291,687
4 / 8 / 2025 MON
Ferchem Egypt for Fertilizers and Chemicals (FERC)
The Board of Directors unanimously approved the proposal to the Ordinary General Assembly regarding the distribution of dividends for the financial period ending June 30, 2025.
It is worth noting that the company achieved:
Revenues of EGP 4.5 billion in its 2025 half-yearly results, compared to EGP 226 million in 2024 (an increase of 2012%).
Net profits of EGP 1.38 billion in its 2025 half-yearly results, compared to EGP 37 million in 2024 (an increase of 3739%).
This results in an earnings per share of EGP 6.08.
The increase is a result of the merger of Abu Zaabal Fertilizers and Chemicals Company (a merged company not listed on the stock exchange) and Aswan Fertilizers and Chemical Industries Company (a merged company not listed on the stock exchange) into Verchem Egypt Fertilizers and Chemicals Company (a merged company – listed on the stock exchange).
27 / 7 / 2025 SUN
Iron and Steel Mines and Quarries (ISMQ)
As part of the state’s efforts to settle disputes between government agencies:
A 45,000-square-meter plot of land in Aswan was finally registered in favor of the Iron and Steel Mines and Quarries (ISMQ) on July 16, 2025, pursuant to a notarization issued by the Aswan Real Estate Registry Office.
Following a settlement agreement signed with Kima Company on July 5, 2021.
22 / 7 / 2025 TUE
Egyptian Financial and Industrial Company (EFIC)
Based on the decision of the Ordinary General Assembly held on March 30, 2024, the company announced an increase in its issued capital:
From EGP 727,667,140 to EGP 1,000,000,000. The value of this increase amounts to EGP 272,332,860.
By issuing 27,233,286 bonus shares, with a nominal value of EGP 10 per share, to be distributed to the company’s shareholders.
The bonus distribution right, at 0.3742547176 shares for each original share before the increase, will be distributed to holders and purchasers of shares until the end of the trading session on August 6, 2025.
The bonus share distribution process is scheduled to begin on Thursday, August 7, 2025.
26 / 5 / 2025 MON
Sidi Kerir Petrochemicals Company (SKPC)
Decided to distribute a coupon of EGP 1.0 per share, to be paid in two installments.
✓ The first installment: EGP 0.50, to be paid starting May 29, 2025.
✓ The second installment: EGP 0.50, to be paid starting October 30, 2025.
✓ The right to receive the dividend is transferred to the shareholder until the end of the trading session on Monday, May 26, 2025.
18 / 5 / 2025 Sun
Egypt Fertilizer (Egyfert) SMFR
✓ With reference to the announcement of the mandatory tender offer submitted by Nass Investments Holding Limited (UAE) to purchase up to 5,520,000 shares, representing 57.50% of the issued shares and a complement of 90% of the issued shares, at a price of EGP 95 per share.
✓ The offer period has been extended for an additional four business days, ending at the end of the trading session on Thursday, May 29, 2025, instead of May 25, 2025, under the same conditions stated in the announcement published on April 23, 2025.
14 / 5 / 2025 WED
Sidi Kerir Petrochemicals (SKPC.CA)
The dividend distribution of EGP 1.0 per share will be distributed in two installments.
☑ The first installment: EGP 0.50, to be paid starting May 29, 2025.
☑ The second installment: EGP 0.50, to be paid starting October 30, 2025.
☑ The right to receive the dividend will be transferred to the shareholder until the end of the session on May 26, 2025.