Gourmet Egypt Shares Jump Over 30% in Egyptian Exchange Debut
Shares of Gourmet Egypt surged more than 30% in their first day of trading on the Egyptian Exchange, signaling strong investor interest in the food and beverage company. The stock’s performance underscores growing activity in the Egyptian stock market and investor appetite for initial public offerings.
The company’s shares began trading on Tuesday, February 10, 2026, and quickly gained momentum, rising as much as 35% in early trading sessions, according to alarabiya.net. The significant increase reflects positive market sentiment towards Gourmet Egypt’s growth prospects.
EFG Hermes acted as the financial advisor for Gourmet Egypt’s initial public offering, according to mafm.info. The investment bank played a key role in facilitating the IPO process and attracting investors.
Gourmet Egypt’s management anticipates expansion into Saudi Arabia in 2027, as reported by alshorouk.com. This move signals the company’s ambition to broaden its regional footprint and capitalize on growth opportunities in the Middle East.
The Egyptian Exchange officially commenced trading of Gourmet Egypt’s shares on Tuesday, February 10, 2026, marking a significant milestone for the company, according to malportal.com. The listing is expected to enhance the company’s visibility and attract a wider range of investors.
