Gov’t wants to lift EgyptAlum’s valuation before deciding on stake sale or SFE transfer

The government is working to lift EgyptAlum's valuation by 3x to 4x before deciding whether to sell a stake or move it to the sovereign fund currently carries a market cap

Two routes are on the table:

REMEMBER- eyeing a stake looking to transfer

Funding appetite is helping the case.

The main capacity lever is Trafigura. earlier this year

Smaller projects are also feeding the valuation case. EGP 6 bn project slate

IN CONTEXT- competing to finance