Egypt’s Ministry of Public Business Sector has signed letters of intent with international financial institutions to finance the Dandara Solar Energy Project, which will supply electricity to the Egypt Aluminum Company (Egyptalum) (EGAL) complex in Nag Hammadi, Qena Governorate, as per a statement.

Egypt Aluminum Company (Egyptalum) (EGAL) announced the payment date of the EGP 8 per share cash dividend for the fiscal year (FY) 2024/2025, according to a filing to the Egyptian Exchange (EGX) on October 2nd.

Egypt Aluminum Company (Egyptalum) has signed an agreement with a project company affiliated with Norway’s Scatec to establish a 1,000-megawatt solar power plant dedicated to supplying the Nagaa Hammadi aluminum complex with clean energy.

The Aluminium Company of Egypt (Egyptalum) has signed a cooperation agreement with the Norwegian Scatec to establish a solar power plant for the operation of Nagaa Hammadi Aluminum Smelter Solar PV Park.

The Aluminium Company of Egypt (Egyptalum) saw a 101% year-on-year (YoY) surge in net profits after tax in the first half (H1) of fiscal year (FY) 2023/2024.

The Aluminium Company of Egypt’s (Egyptalum) net profits after tax saw a 61% year-on-year (YoY) increase in net profits after tax in the first quarter of fiscal year (FY) 2023/2024.

Egypt Aluminum Company (Egyptalum) (EGAL) announced the payment date of the EGP 6.5 per share cash dividend for fiscal year (FY) 2022/2023.

The Aluminium Company of Egypt’s (Egyptalum) net profits after tax saw a 47.6% year-on-year (YoY) increase in net profits after tax in fiscal year (FY) 2022/2023.

As the largest aluminum producer in Egypt and one of the leading companies in Africa, Egyptalum is specialized in extruding aluminum profiles for architectural and industrial applications.

The Egypt-based company is specialized in extruding aluminum profiles for architectural and industrial applications. The company undertakes the activities of aluminum billet casting, dies, extrusion, alloys, painting, and anodizing.