Aluminium of Egypt

Egypt Aluminum reports a 104% year-over-year increase in net profits after tax, reaching **EGP 4.928 billion** in Q1 FY2026/27. The company’s earnings surpass the prior year’s **EGP 2.415 billion** in the same period, driven by financial results for the first quarter. The growth reflects stronger profitability in the aluminum sector amid fiscal year 2026/27 operations.

Nov 2026ZawyaNews article

Egyptian aluminium producer **Egyptalum** partners with **Scatec Solar** to develop a **569 MW solar project**, supporting its decarbonization efforts. The initiative aims to reduce reliance on fossil fuels in aluminium smelting by integrating renewable energy. Scatec Solar will lead the construction of the solar farm, aligning with Egypt’s broader clean energy transition goals. The project marks a key step in Egyptalum’s strategy to lower carbon emissions in heavy industry.

Nov 2026AL CircleNews article

Egypt’s government is considering selling a significant portion of its stake in **EgyptAlum** through the **Egyptian Exchange (EGX)** before the end of 2026. The move follows shifts in natural gas supply, impacting urea production plants and LNG operations. The sale aims to streamline state assets amid evolving energy market dynamics.

Nov 2026EnterpriseAM EgyptNews article

Egyptalum reports its highest-ever profit and revenue for the fiscal year 2025/2026. The aluminum producer surpasses previous financial records, marking a significant milestone in its operational history.

Oct 2026Aluminium International TodayNews article