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Korra Energi IPO: Deepening Private Investment in Egypt’s Energy Sector

Arab Finance Interview with Ayman Korra, President and CEO of Korra Energi

Updated 5/22/2026 9:04:00 PM
Korra Energi's private placement covered 2.7x on 1st subscription day

The private offering of Korra Energi has been covered 2.7 times on the first day of subscription, according to a disclosure by Prime Capital.

Updated 5/19/2026 9:15:00 AM
Korra Energi to offer 11% stake on EGX at EGP 2.97/share

Korra Energi plans to offer 247.50 million shares, representing 11% of its total capital shares, on the Egyptian Exchange (EGX) at an offering price of EGP 2.97 per share.

Updated 5/18/2026 7:04:00 AM
Korra eyes IPO on EGX, regional expansion

Ayman Korra, President & CEO of Korra Energi, detailed the company’s initial public offering (IPO) on the Egyptian Exchange (EGX) in line with its growth strategy to become a global player.

Updated 5/13/2026 2:19:00 PM
Korra Energi to build $1M hybrid solar plant in Egypt

Korra for Energy & Investment Projects has signed a new contract to build a 1.4 megawatt (MW) hybrid solar power plant for the Esh El Mallaha Petroleum Company (Eshpetco)

Updated 7/29/2025 8:57:00 AM
Korra Energi to temporarily list shares on EGX ahead of upcoming IPO

The EGX Listing Committee approved Korra Energi’s temporary listing of 2.25 billion shares at a nominal value of EGP 0.20 per share.

Updated 12/12/2024 8:58:00 AM