Details:
EGP 126 billion in revenues of affiliated companies, with a growth rate of around 20%
◾ Net profits of approximately EGP 24 billion in FY 2024/2025
◾ Exports increased by USD 1 billion, representing a 27% growth rate
◾ Reviving and developing numerous assets, restarting factories that had been idle for years, and localizing strategic industries
◾ Noticeable progress in project implementation rates across various sectors, launch of new projects, strengthening partnerships with the private sector, and attracting foreign investments
A Year of Achievements and Successes – 2025
The year 2025 witnessed a broad harvest of achievements and successes accomplished by the Ministry of Public Business Sector and its affiliated companies across various industrial, production, and service sectors. This year reflected a qualitative shift in financial and operational performance, a significant increase in production capacities and competitive capabilities, accelerated implementation of investment projects, and the execution of numerous programs aimed at enhancing technical and human efficiency, modernizing factories and production lines, restructuring boards of directors, reviving and developing long-idle industrial and tourism assets, restarting strategic factories, and maximizing the economic return on state-owned assets. These efforts contribute to deepening local manufacturing, increasing exports, supporting national industry, and strengthening the contribution of state-owned companies to the national economy.
This positive performance comes within the framework of implementing the Ministry’s strategy derived from Egypt Vision 2030 for Sustainable Development, the government’s action program, and the State Ownership Policy Document. These directions were translated into clear executive strategies within the affiliated holding companies:
Holding Company for Metallurgical Industries
Holding Company for Chemical Industries
Holding Company for Pharmaceuticals, Chemicals, and Medical Supplies
Holding Company for Cotton, Spinning, Weaving, and Apparel
Holding Company for Tourism and Hotels
Holding Company for Construction and Development
This aims to improve operational efficiency, maximize returns on state investments, and reinforce principles of governance, sustainability, and occupational safety.
Financial Performance Indicators
Preliminary indicators for FY 2024/2025 show that affiliated companies achieved total revenues of approximately EGP 126 billion, with a growth rate of nearly 20% compared to the previous year. Consolidated net profits reached around EGP 24 billion, while exports rose by 27% to approximately USD 1 billion. This reflects the achievement and surpassing of targets in revenues, profits, exports, and private-sector partnerships, and indicates continuous improvement in production and marketing performance, as well as the ability of affiliated companies to compete in foreign markets by expanding into new regional and international markets and increasing reliance on value-added products.
In addition, the total market capitalization of affiliated companies listed on the Egyptian Exchange increased by approximately 36%, alongside the return of several major companies to profitability, including El Nasr Automotive (for the first time in decades), Sidi Kerir Petrochemicals Development Company (SIDPEC), and El Nasr General Contracting – Hassan Allam.
Reviving Industrial Assets
During 2025, the Ministry paid special attention to reviving and developing industrial assets that had been idle for years, most notably completing revival and development projects at El Nasr Automotive, which resumed operations and production in the last quarter of 2024 after more than 15 years of inactivity. The company expanded the production of “Nasr Sky” tourist buses with international specifications, increasing the local component from 52% to 63.5% within one year. Contracts were signed to manufacture and supply 250 buses to East and West Delta Transport and Tourism companies, in addition to other entities.
Production was also expanded to include new products such as the “Nasr Star” minibus, with a local component exceeding 70%, delivering the first batch to New Alamein City, starting preparations for producing electric buses and minibuses, and completing a comprehensive upgrade of the passenger car factory with state-of-the-art assembly, welding, and painting lines, including operational trials for models produced for El Nasr and other brands.
The Egyptian Carbon Anode Blocks Company in the Ain Sokhna Economic Zone was restarted after more than two and a half years of shutdown, following comprehensive rehabilitation works and the activation of an agreement with BP (British Petroleum) for calcining green petroleum coke for five renewable years. Operations began in October 2025 with an initial design capacity of 150,000 tons annually, with plans to double production to 300,000 tons annually by Q1 2026, and the first export shipment was completed in December 2025.
In Aswan, the Ferrosilicon Plant at the Egyptian Chemical Industries Company (KIMA) was restarted in April 2025 after nearly five years of inactivity, contributing to value addition for local raw materials and import substitution of silicon-manganese alloys used in steelmaking. The plant was rehabilitated at a cost of approximately EGP 53 million, and an agreement was signed with El Sharq El Haqiqa Company (an Egyptian company with Saudi investments) to operate the plant with a targeted production capacity of 18,000 tons annually, generating returns of approximately USD 1.8 million annually for KIMA.
Pharmaceutical and Medical Industries
In the pharmaceutical sector, El Nasr Pharmaceutical Chemicals Company was revived as part of the strategy to localize drug manufacturing and enhance pharmaceutical security. This included the establishment and development of four new and upgraded factories in accordance with Good Manufacturing Practices (GMP) standards, inaugurated and operated in October 2025.
Investments in development and modernization projects across pharmaceutical holding companies exceeded EGP 3 billion, covering the upgrade of 97 production lines, contributing to increased exports, registration of 18 new pharmaceutical products, resumption of dozens of discontinued products, and modernization of drug portfolios to meet local market needs at affordable prices.
A joint venture agreement was also signed in May 2025 between the Holding Company for Pharmaceuticals and Dawah Pharma (USA) to manufacture and export pharmaceuticals and dietary supplements to global markets. Additionally, an Egyptian-Qatari-American partnership agreement was signed in October 2025 to establish an integrated medical manufacturing system, enhancing regional and international industrial integration and localization of medical technology.
Textile Industry Development
The year 2025 also saw accelerated implementation of the national project for developing the spinning and weaving industry. First-phase factories were fully operational, and progress continued in the second phase, including the completion and operation of the new “Ghazl 2” factory at Misr Shebin El-Kom, with a capacity of 10 tons per day. Final preparations are ongoing at remaining factories at Misr Spinning and Weaving – El Mahalla El Kubra, with operational trials underway in textile complexes and finishing plants, and installation works nearing completion at dyeing and spinning plants.
Significant progress was also achieved in the third phase, covering development of remaining textile companies across several governorates, using the latest global technologies and integrated infrastructure. Partnerships were established with foreign and Egyptian investors to create companies for recycling plastic and textile waste, with expected completion dates in 2026–2027.
Metallurgical, Chemical, Tourism, and Construction Sectors
The metallurgical industries sector witnessed major expansion and development projects at Egypt Aluminum Company in Nagaa Hammadi, including new aluminum wire production lines, recycling projects, rehabilitation of smelters, and a 1 GW solar power plant in partnership with Scatec of Norway, with investments of USD 650 million, supporting sustainability and exports.
In the chemical industries sector, progress continued on fertilizer, ammonia, nitric acid, and chlorine production projects, many of which are the first of their kind in Egypt, Africa, and the Middle East.
In tourism and hotels, the Ministry continued upgrading and developing hotels, reviving historic hotels, expanding hotel capacity, modernizing transport fleets, and launching new hospitality projects across Egypt.
In the construction and real estate sector, affiliated companies continued implementing major national projects in housing, infrastructure, water, sanitation, and energy, as well as expanding operations abroad. Significant progress was also achieved in real estate development, launching new projects, and restoring historic landmarks.
Conclusion
At the conclusion of the 2025 achievements, the Ministry of Public Business Sector affirms its continued commitment to implementing comprehensive reform and development plans across affiliated companies, maximizing utilization of state assets, strengthening partnerships with the private sector, and attracting more international investments—supporting the national economy and achieving sustainable development within the framework of the New Republic.
