Qalaa Chairman Heikal Discusses ERC Project, Taqa IPO Plan

The video discusses various projects and reforms in Egypt, focusing on a major refinery project nearing completion. It highlights the project's impact on profitability and growth, with projections for increased revenue and EBITDA. The discussion also covers the exit from the Algerian cement market, the influence of oil prices on profitability, and plans for IPOs of related companies. The video emphasizes the importance of local supply and market conditions for future growth.

What significant reforms are mentioned in relation to the economic growth in Egypt?

What is the current completion percentage of the refinery projects discussed?

What are the expected financial outcomes for the second half of 2019?

What is the anticipated EBITDA for the first full year of operation of the refinery?

What are the company's plans regarding the cement business in Algeria?

How does the company plan to address the impact of oil prices on profitability?

What is the expected timeline for the IPO of the companies mentioned?