Investment Opportunities in Egypt’s 2025 IPO Program
The Government of Egypt (GoE) has unveiled an ambitious Initial Public Offering (IPO) Program for 2025, presenting a unique opportunity for strategic investors to participate in the privatization of 10 state-owned enterprises (SOEs), spanning key sectors such as petroleum, food industries, pharmaceuticals, plastics, renewable energy, and banking. This initiative is a cornerstone of Egypt’s State Ownership Policy, designed to foster private sector participation, attract foreign investments, and drive sustainable economic growth.
Among the companies offered are some of Egypt’s most prominent entities, including military-affiliated firms under the National Service Products Organization (NSPO) and industry leaders in banking, energy, and manufacturing. These opportunities provide investors with access to high-growth industries in one of the region’s most dynamic economies.
The Prime Minister, Mostafa Madbouly, confirmed that shares in these entities will be allocated across two avenues: strategic investors and the Egyptian Stock Exchange (EGX). The final percentages of the offerings will be determined at a later stage.
We invite you to explore these opportunities in detail. If you are considering expanding your investment portfolio in Egypt, these offerings represent a promising entry point to the country’s thriving market. For further details or tailored investment advice, please do not hesitate to contact our team.
1. Petroleum Sector
Wataniya
- Established in 1993, Wataniya operates under the National Service Products Organization (NSPO) and manages a network of 255 active fuel and service stations, with plans to expand to 300 stations. Beyond fuel, Wataniya provides vehicle services, including repairs and tire maintenance, and integrates retail outlets such as Daily Mart, Smile, and La Poire at its stations.
ChillOut
Founded in 2018, ChillOut specializes in distributing premium petroleum products via over 100 stations located along highways and in urban areas. These stations feature convenience stores, dining outlets, and automotive service facilities, ensuring a comprehensive experience for customers.
2. Food Industries
Safi
- Launched in 1996 and headquartered in Siwa Oasis, Safi is a major player in natural water bottling and olive oil production, with operations expanding into table salt manufacturing. The company also produces specialized salts for domestic and international markets, including bath salts, livestock salts, and dishwashing tablets.
Silo Foods
- Established in 2021, Silo Foods operates Egypt’s largest food manufacturing complex spanning 135 acres in Sadat City. It plays a vital role in the country’s school feeding programs and exports food products to 13 countries. The facility houses factories for baked goods, biscuits, pasta, and recycling. With an annual production capacity of 470,000 tons, Silo Foods is pivotal in advancing Egypt’s nutrition and export goals.
3. Pharmaceutical Sector
Misr Pharma
- Founded in 1939 as Egypt’s first pharmaceutical manufacturer, Misr Pharma produces human and veterinary medicines, including β-lactam antibiotics, sterile ampoules, and eye drops. To modernize its operations, the company is relocating to a Good Manufacturing Practice (GMP)-compliant facility in Abu Zaabal, designed to meet international standards.
CID Pharma
- Established in 1947, CID Pharma has a strong export presence in 40 countries across the Middle East, Africa, and Asia. Its production capabilities include effervescent tablets, hormone ampoules, and syrups. As a key supplier to Egypt’s Ministry of Health, CID Pharma supports national health programs focused on maternal and child health.
4. Plastic Industries
Al-Amal Al-Sharif Plastics
- Al-Amal Al-Sharif Plastics, founded in 1964, is a leading Egyptian manufacturer of plastic pipes and fittings used in water, sewage, and irrigation systems. The company operates three factories equipped with advanced German technology, producing 60,000 tons of pipes annually. It recently expanded its facilities to accommodate growing demand from national infrastructure projects.
5. Renewable Energy
Gabal El-Zeit Wind Farm
- Located near Ras Gharib, the Gabal El-Zeit Wind Farm is the largest wind energy complex in the MENA region, with an installed capacity of 580 megawatts. Developed in three phases, the farm is notable for its radar-based system that protects migratory birds by halting turbine operations during migration seasons. This innovative feature underscores Egypt’s commitment to environmental sustainability.
6. Banking Sector
Banque du Caire
- One of Egypt’s oldest financial institutions, Banque du Caire offers a wide range of banking services through 249 branches and 1,671 ATMs. Serving over 3 million customers, the bank is a leader in retail and digital banking solutions.
Bank of Alexandria (ALEXBANK)
- Established in 1957 and 80% owned by Italy’s Intesa Sanpaolo Group, ALEXBANK combines traditional banking with modern digital services. The bank operates 173 branches and serves a diverse client base, including retail and corporate customers.
For additional information or inquiries regarding the IPO program, please feel free to reach out to Dr. Fatma Salah.
