Saturday 22 Feb
The Egyptian Exchange (EGX) Chairman, Ahmed El-Sheikh, inaugurated the trading session on Sunday, February 9, 2025, marking the start of trading for "Go Green for Agricultural Investment and Development" shares. The event was attended by EGX Vice Chairperson, Heba El-Serafy, and "Go Green" Chairman, Taha Abdel-Moula.
El-Sheikh congratulated the company's leadership on their successful listing, encouraging them to utilize the stock market for future expansion and growth. He emphasized the EGX's role as a crucial financing platform for companies and its contribution to the national economy. He also commended those involved in listing and promoting companies on the EGX, urging more companies across various sectors to join.
Abdel-Moula expressed his gratitude to the EGX
administration for their cooperation. He highlighted that "Go Green" owns
extensive agricultural land in El-Moghra, Alamein, where they cultivate jojoba
and olive trees, along with engaging in fish production. The company aims to
establish the largest jojoba farm in the Middle East, capitalizing on its
numerous economic advantages.
He added that "Go Green" has successfully
developed unique jojoba seed varieties, currently under experimental
cultivation. In 2024, the cultivated area expanded to 12,000 acres for jojoba
and 2,000 acres for olives, with plans to reach approximately 21,000 acres
within the next four years. Projected jojoba oil production is estimated at
around 6,000 tons.
Abdel-Moula detailed the company's robust infrastructure,
which includes an internal road network, fish farms, a residential area, and
service stations for the agricultural projects.
"Go Green for Agricultural Investment and Development" operates in land reclamation and development, with an issued and paid-up capital of 140 million Egyptian pounds.
