—
The ordinary general meeting of Valmor Holding approved the 2025 financial statements, which showed a net profit of about $161 million. It approved a cash dividend distribution of approximately $53 million, at $0.045 per share, and elected a new board of directors for a term of three years.
Abu Qir Fertilizers, Alexandria Fertilizers (AlexFert) affiliated with Valmoor Holdings, Orascom Construction, and United Energy Group signed a memorandum of understanding at the sidelines of the 'EGIPS 2026' conference. The memorandum aims to study and develop the 'Mediterranean Green Hydrogen Center' project in Alexandria, under the patronage of Petroleum and Mineral Resources Minister Karim Badawi.
NATGAS, a subsidiary of Valmore Holding, announced that it had successfully connected more than two million residential customers across the country to natural gas. This achievement reflects the expansion of the company’s services and its role in providing a reliable source of energy and improving the quality of life for Egyptian families.
Valmor Holding announced its consolidated financial and operating results for the first quarter of 2026, reporting net operating profit of $41.6 million, a 15% annual increase. Dollar contributions accounted for 52% of total revenue. The company highlighted strong performance of its subsidiaries, including Alexandria Fertilizers, Nat Energy, and Sabria Egypt, amid regional market disruptions.
Kahraa, a subsidiary of Valmor Holdings, announced that it has received approval from the High Committee on Participation to implement two power plant projects. These include the Maat Al-Ashar Transformer Station in the Abu Samran area of Balbis, and a transformer and power network station in the new Burj Al-Arab city.
Alaa Al-Bana, Chairman of the Board of Directors of Alexandria Fertilizers Company, a subsidiary of Valmor Holdings, and a representative of the Egyptian fertilizer industry on the Board of Directors of the Arab Fertilizer Union, participated in the opening of the Union's 32nd annual International Conference and its accompanying exhibition in Cairo. The opening session was attended by officials, experts, and representatives from companies operating in the sector.
Valmor Holding was honored among the top 100 companies in the Egyptian market during the 11th edition of Egypt's Best Summit 2026, organized by Amwal Al-Ghad magazine. The news indicated that the honor reflects the company's stature and sustainable performance, disciplined investment approach, and diversified portfolio supporting growth in strategic sectors.
Alexandria Fertilizers Company, a subsidiary of Valmor Holding, signed a 30-year power purchase agreement with SolarizEgypt to supply its production facilities in Alexandria with 1 MW of clean solar power. This contract contributes to enhancing energy flexibility and supporting the company's journey towards industrial sustainability.
Palmer Holdings announced total revenues of $392 million for the first half of 2026, up 13% year‑on‑year, with dollar contributions accounting for 57% of total revenues. The group's share of net profits from five subsidiaries also rose by 37%. The announced indicators included a doubling of Alexandria Fertilizers' revenues in Q2, and a 59% growth in revenues for Sabria Egypt compared to the previous quarter.
Natgas, a subsidiary of Valmore Holding, announced that it has begun implementing a natural gas distribution network in the industrial zone of New 6th of October City. The zone covers approximately 16 million square meters and includes 7 industrial developers and 269 investors.