Financial Results | Egypt Oil & Gas - Part 2
Qalaa Returns to Profit with EGP 200 Mn in H1 2026
Qalaa Holdings, a leading investment company in Africa and the Middle East, recorded a consolidated net profit after minority interest of EGP 200 million during the first half (H1) of 2026, compared with a net loss of...
Sinopec Reports 19.3% H1 Profit Increase Despite Lower Refining Volumes
China oil giant Sinopec reported an unexpected 19.3% year-on-year (YoY) increase in net profit for the first half of 2026, despite challenges including the Middle East conflict and weakening domestic fuel demand. The ...
Valmore’s top five subsidiaries boost H1 2026 net profit 37%
Valmore Holding, a leading diversified investment holding company, reported a 13% year-on-year (YoY) increase in its first-half (H1) 2026 revenue to $392 million. This increase was backed by strong second-quarter resu...
Harbour Energy’s Revenues Jump 20% in H1 of 2026
Harbour Energy, an independent energy company, generated $6.4 billion in revenue during the six months ending June 30, representing a 20% increase compared to the same period of 2025. This was mainly driven by record ...
AMOC Doubles FY 2025/26 Profit as Revenue Expands 35%
Alexandria Mineral Oils Company (AMOC) reported higher revenues and profitability for the fiscal year (FY) ending June 30, 2026, according to both its unaudited standalone and consolidated financial statements sent to...
Abu Qir Fertilizers Posts 119% Profit Surge on Revenue, Export Gains
Abu Qir Fertilizers and Chemical Industries reported an 119% year-on-year (YoY) surge in net profit after tax for the first half (H1) of fiscal year (FY) 2025/26, reaching EGP 10.01 billion, according to its unaudited...
MOPCO Q1 2026 Net Profit Surges 88%
Misr Fertilizers Production Company (MOPCO), Egypt’s largest nitrogen fertilizer producer, recorded an 88% year-on-year (YoY) surge in consolidated net profit after tax for the first quarter (Q1) of 2026, reaching EGP...
Vaalco Energy Expands Egypt Drilling in Q2 2026
Vaalco Energy, the US-based operator, said it began a six‑well drilling program in Egypt in the second quarter of 2026. The campaign was not included in the original budget and will proceed without increasing the comp...
