Cairo - Mubasher: Egypt Gas has approved a capital increase for its affiliate, the Egyptian Company for Technical Services and Equipment Maintenance (Sianco).
Sianco’s issued capital will rise by EGP 40 million to EGP 100 million from EGP 60 million, according to a bourse filing.
Meanwhile, Egypt Gas’s 20% stake in Sianco will remain unchanged.
In December 2025, Egypt Gas unveiled plans to achieve net profits of EGP 420 million in 2026, according to its estimated financial budget.
