
47. Egyptian Financial and Industrial Company (EFIC)⏎
Sector: Petrochemicals
Managing Director: Abdul Azim Al Abbasi
Market Value: $237 million
Sales: $178 million
Profits: $34 million
Assets: $176 million
EFIC was established in 1929 and is considered one of the largest Egyptian companies producing phosphate fertilizers. It produces chemical materials, manures, and agricultural fertilizers through its three production facilities located in Gharbia, Assiut, and Suez. The company’s sales increased by over 59% in 2024, with net profit climbing by nearly 148%. Midfert Misr is the largest shareholder of EFIC, with a 33.2% stake as of March 2025.