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Egyptalum, Scatec to establish 1,000-MWh solar plant for sustainable aluminum production

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.

Updated 2/20/2024 2:08:00 AM
Egyptalum’s profits hike 101% YoY in H1 FY2023/24

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.

Updated 1/30/2024 9:21:00 AM
Egyptalum’s profits rise 61% YoY in Q1 FY2023/2024

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.

Updated 11/8/2023 10:12:00 AM
Egyptalum to pay EGP 6.5/share dividend in November

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

Updated 11/6/2023 9:51:00 AM
Egyptalum posts 48% YoY profit surge in FY2022/23

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.

Updated 9/27/2023 10:15:00 AM
Egyptalum’s board approves planning budget for FY 2023/24

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.

Updated 4/9/2023 10:23:00 AM
Egyptalum eyes EGP 3.5B net profit in FY2023/24

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.

Updated 3/5/2023 10:17:00 AM