49. Natural Gas & Mining Project (Egypt Gas)
Chairman and Managing Director: Wa’el Gowaied
Market value: $87 million
Egypt Gas is majority-owned by the Egyptian Natural Gas Holding Company, which has an 80% stake. The company recorded profits of $9 million in 2021, a 95.6% increase compared to 2020. It has two operating branches in Jordan and Oman, with plans to extend to the U.A.E. and Kuwait. In 2021, Egypt Gas completed 11 natural gas pressure reducing stations. It now has 192 stations.