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 is the expected completion date for the refinery project?

• March of next year

• May of next year

• July of next year

• September of next year

What percentage of the company's valuation is attributed to the refinery project?

• 40%

• 50%

• 20%

• 30%

What is the expected EBITDA for the refinery in 2020?

• $1.0 to $1.1 billion

• $1.8 to $1.9 billion

• $1.2 to $1.3 billion

• $1.5 to $1.6 billion

What is the company's current status in the Algerian cement market?

• Entering new partnerships

• Exiting the market

• Maintaining current operations

• Expanding operations

By when does the Algerian government want the cement deal closed?

• Fourth quarter of next year

• First quarter of next year

• Third quarter of next year

• Second quarter of next year

What is the base case oil price projection for 2019?

• $65 a barrel

• $85 a barrel

• $75 a barrel

• $95 a barrel

When is the IPO for the related companies expected to occur?

• Fourth quarter of next year

• Third quarter of next year

• Second quarter of next year

• First quarter of next year