The Egyptian Stock Exchange announced key disclosures and financial results for several companies during today’s trading session (March 18, 2026). highlights include:

Corporate News

EFG Holding Group reported consolidated net profits of EGP 6.25 billion in 2025, compared to EGP 5.33 billion in 2024.

Palm Hills Developments achieved consolidated net profits of EGP 4.42 billion in 2025, up from EGP 3.40 billion in 2024.

Egyptian Electric Cables Company recorded consolidated net profits of EGP 500.3 million in 2025, down from EGP 1.33 billion in 2024.

October Pharma posted net profits of EGP 205.7 million in 2025, compared to EGP 151.8 million in 2024.

Egypt Oils & Soap Company achieved net profits of EGP 9.68 million for the first half of FY 2025/2026, compared to a net loss of EGP 16.08 million during the same period last year.

Alexandria Container & Cargo Handling Company reported net profits of EGP 3.32 billion for the transitional financial period from July 1, 2025 to December 31, 2025, compared to EGP 6.63 billion in the previous period.

EFG Holding (additional disclosure):

Operating revenues increased by 7% year-on-year to EGP 26 billion

Net profit after tax and minority interest reached EGP 4.1 billion

Total assets rose to EGP 230.6 billion by the end of December 2025

ValU Consumer Finance secured EGP 7.74 billion in funding during 2025 from 16 financing institutions. Its total available credit facilities exceeded EGP 12 billion, supporting expansion and customer growth.

Key Economic News

Cabinet Announcement:
The Prime Minister witnessed the signing of renewable energy purchase agreements and battery storage projects with a total capacity of 5,620 MW, in partnership with private sector companies.

Social Housing Expansion:
Continued large-scale expansion in affordable housing under the “Housing for All Egyptians” initiative, with increased support for low-income citizens.

Automotive Industry Development:
Ministers of Industry, Investment, Trade, and Finance reviewed recommendations to update the national automotive industry development program.

Improving the Investment Climate:
The Minister of Investment held a meeting with the International Finance Corporation (IFC) to discuss improving Egypt’s business environment and strengthening cooperation.

Green Energy Mega Project:
Discussions were held with a global alliance regarding a major integrated green energy project (including green hydrogen, solar energy, and battery storage), along with a proposal to establish a hyperscale data center in Egypt.

Customs Operations During Eid Al-Fitr:
The government directed that customs clearance systems continue operating efficiently during the Eid holiday to ensure smooth trade flows.

Petroleum Sector Developments:

ENPPI secured contracts worth $1.34 billion, with 97% from international projects

Petrojet recorded EGP 121 billion in new contracts in 2025, with a future project pipeline reaching EGP 246 billion through 2029

Fiscal Policy:
The Minister of Finance confirmed continued direct engagement with investors to resolve tax, customs, and financial challenges through practical solutions.

Industrial Development:
Officials conducted field visits to factories, including automotive glass and aluminum plants in 6th of October City, to support production and address industrial challenges.

Infrastructure & Housing Projects:

Coordination between ministries to develop industrial zones infrastructure

Ongoing monitoring of housing project implementation and unit deliveries, especially in New Alamein City

Supply Readiness for Eid:
The Ministry of Supply announced full readiness, with 24/7 operations rooms across all governorates to ensure availability of goods.

Planning for FY 2026/2027:
Officials reviewed the current fiscal year plan and discussed the proposed investment plan for the upcoming fiscal year.

Healthcare & Technology Cooperation:

Strengthening cooperation with Russia’s Rosatom in nuclear medicine and advanced medical technologies

Supporting localization of advanced pharmaceutical manufacturing in cooperation with Servier Egypt

Quality Certification:
The Nuclear and Radiological Regulatory Authority successfully renewed its ISO 9001:2015 quality management certification.

Boosting Exports:
A shipment of 100 locally manufactured buses was exported East Port Said Port.

Real Estate Investment Fund Launch:
CI Capital, in partnership with Talaat Moustafa Group, launched the “Awaed” real estate investment fund with a total value of EGP 8 billion, aiming to expand institutional real estate investment tools in Egypt.

Source: Youm7

Mr. Basel Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency, affirmed the agency’s commitment to strengthening cooperation with Upper Egypt and border governorates, enhancing efforts to create the right environment for establishing and growing small projects of all kinds. This, he noted, provides more decent and sustainable job opportunities for citizens, especially youth, women, and new graduates from Upper Egypt.

Rahmy’s remarks came during celebrations of Minya Governorate’s National Day (March 18 each year). He congratulated the people of Minya and Governor General Emad Kadwani, stressing the agency’s dedication to implementing more joint development programs with the governorate to improve quality of life, support project owners with financial and technical services, and focus on industrial complexes and promising investment opportunities in various productive sectors, as well as supporting production clusters and natural communities.

Rahmy explained that the agency works with state institutions and governorates to provide financing for citizens—especially youth—to establish new projects or expand existing ones. It also offers marketing services, facilitates participation in exhibitions, and supports entrepreneurship by encouraging innovative ideas and turning them into economically viable projects.

He revealed that between July 1, 2014 and December 2025, the agency injected EGP 5.6 billion into Minya’s project sector, funding 265,000 diverse projects and creating about 376,000 job opportunities. Among these, grants worth EGP 293 million were allocated to infrastructure, community development, and training projects, generating about 3.4 million workdays.

Through its Minya branch, the agency issued about 5,154 final licenses for new projects, along with 2,296 tax cards, 670 commercial registrations, and other necessary permits to help projects operate legally and benefit from the advantages of the SME Development Law No. 152/2020.

Rahmy emphasized the importance of production clusters in Upper Egypt, given their role in economic development and job creation, as well as their ability to absorb traditional crafts for which Minya is known. The agency provides financial, technical, and marketing support to clusters such as:

Dairy production in Mallawi

Molasses production

Handmade carpets in Maghagha

Date production clusters

He noted that the agency facilitates access to non-financial services such as vocational training, project management, and product marketing.

Rahmy called on Minya’s youth to visit the agency’s branch to learn about its services, especially training and qualification programs, and to seriously pursue entrepreneurship and small business creation across various economic sectors.

Source: Youm7

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued its annual bulletin on banking deposits and credit, covering developments during 2024/2025 compared to 2023/2024.

1. Bank Deposits
Total bank deposit balances rose to EGP 14,887.3 billion in 2024/2025, an increase of 24.1% over the previous year.

Household sector deposits reached EGP 8,872.2 billion, up 26.2%, with individuals accounting for 96% of this sector’s deposits. The household sector represented 59.6% of total deposits.

Private business sector deposits amounted to EGP 2,406.5 billion, up 21.1%, with organized private businesses holding 79% of this sector’s deposits. This sector represented 16.2% of total deposits.

Public services sector deposits stood at EGP 1,563.8 billion, down 2.4%, with government treasury and administration accounting for 96.6% of this sector’s deposits. This sector represented 10.5% of total deposits.

2. Bank Credit
Total bank credit balances rose to EGP 9,351.0 billion in 2024/2025, an increase of 29.6% over 2023/2024.

Private business sector credit reached EGP 2,727.7 billion, up 23.1%, with organized private businesses receiving EGP 2,251.1 billion (82.5% of this sector’s credit). This sector accounted for 29.2% of total bank credit.

Public business sector credit reached EGP 4,021.1 billion, up 30.6%, driven by credit to public economic authorities (EGP 3,575.1 billion, 88.9% of this sector’s credit). This sector accounted for 43% of total bank credit.

3. Liquidity Surplus
The banking system’s liquidity surplus reached EGP 5,536.3 billion in 2024/2025, up 15.9% from the previous year.

This surplus reflects deposits exceeding credit balances, with liquidity representing 37.2% of total deposits in the banking system.

Issuer Name : Egyptian Co.For Securitization 2nd Is 2nd Pr Tr C Apr2026
ISIN Code : EGB692C1S481
Reuters Code : EGBECSC2P2CCV
Interest Type : Floating
Coupon Interest : 25.25 %
Coupon Amount : EGP 1.3626485777
Coupon Number : 16
Coupon Date : 30/03/2026
Coupon Payment Date : 31/03/2026
Notes :
Bond redemption: EGP 25.2661927603

Issuer Name : Egyptian Co. For Securitization 3rd Is 2nd P T A Jun2026
ISIN Code : EGB692C1S499
Reuters Code : EGBECSC3P2ACF
Interest Type : Fixed
Coupon Interest : 21.8 %
Coupon Amount : EGP 1.458489128
Coupon Number : 2
Coupon Date : 30/03/2026
Coupon Payment Date : 31/03/2026
Notes :
Bond redemption: EGP 9.4016348999

Issuer Name : Egyptian Co. For Securitization 3rd Is 2nd P T B Dec2026
ISIN Code : EGB692C1S507
Reuters Code : EGBECSC3P2BCF
Interest Type : Fixed
Coupon Interest : 21.55 %
Coupon Amount : EGP 1.7712328767
Coupon Number : 2
Coupon Date : 30/03/2026
Coupon Payment Date : 31/03/2026

Issuer Name : Egyptian Co. Securitization 3rd Is 2nd P T C Jul2027
ISIN Code : EGB692C1S515
Reuters Code : EGBECSC3P2CCF
Interest Type : Fixed
Coupon Interest : 21.3 %
Coupon Amount : EGP 1.7506849315
Coupon Number : 2
Coupon Date : 30/03/2026
Coupon Payment Date : 31/03/2026

News Attachment in Arabic (183 KB)
News Attachment in English (13 KB)

Company Name : Electro Cable Egypt
ISIN Code : EGS3G231C011
Currency : EGP
F/S Consolidated Period : From 01/01/2025 To 31/12/2025
Net Profit : 500,316,748
F/S Consolidated Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 1,326,313,105
Audit Status : Audited
Source : Electro Cable Egypt

At the annual conference of the Federation of Small, Medium, and Micro Enterprises, Finance Minister Ahmed Kouchouk stated:

He is very pleased with the open dialogue with “ambitious investors” who seek expansion and growth.

The ministry is committed to direct communication with partners to resolve tax, customs, and financial challenges through practical solutions.

“Last year we promised you the first package of tax facilities… and together we succeeded in implementing what we agreed upon.”

Kouchouk explained that 120,000 taxpayers voluntarily joined the simplified tax system, supported by additional financing initiatives. Taxpayers submitted 660,000 amended and new returns, disclosed business volumes worth EGP 1 trillion, and paid about EGP 80 billion in additional taxes. He added that the ministry is proud of this trust and confirmed that the second package of tax facilities will be presented to Parliament after Eid.

He stressed that the government continues to stimulate economic activity and complete initiatives in industry, tourism, and exports, while working to improve customs clearance times and reduce costs for investors.

Industry Minister Khaled Hashem emphasized the importance of strengthening communication with SMEs, describing them as the essential link between large enterprises and micro-projects, and a cornerstone of the productive economy. He highlighted the need for accurate economic data and announced plans to build a comprehensive knowledge base to support investment planning, identify production gaps, and guide strategic decisions. He also stressed the importance of raising local content in exports, supporting feeder industries, and promoting balanced rural development to reduce migration to major cities.

Alaa El-Saqti, President of the Federation of SMEs, called for all state institutions to unite with the business community to expand productive capacity and employment. He praised the Finance Minister’s hands-on approach, noting his ability to speak the language of small investors and understand their challenges. El-Saqti expressed hope that this model of direct communication would be adopted by other ministries, and confirmed the Federation’s aspiration to establish permanent communication channels with the Ministry of Industry, not only to present problems but also to participate in shaping solutions.

The Media Center of Damietta Port Authority issued a statement on Tuesday, March 17, 2026, reporting that the port received 16 ships in the past 24 hours, while 13 ships departed. The total number of ships currently at the port reached 30.

Exports of general cargo: 38,105 tons, including 1,945 tons of cement, 3,382 tons of soybean meal, 3,000 tons of beet pulp, 6,300 tons of urea, and 23,478 tons of miscellaneous goods.

Imports of general cargo: 27,590 tons, including 504 tons of wheat, 118 tons of pipes, 780 tons of molasses, 2,897 tons of iron, 10,000 tons of corn, 1,971 tons of beech wood, and 11,320 tons of scrap.

Container activity included 1,120 export containers, 11 import containers, and 1,696 transit containers.

Grain silo balances at the port were reported as:

Public sector: 49,369 tons of wheat.

Private sector: 42,286 tons of wheat.

Additionally, two trains departed carrying a total of 2,594 tons of wheat to Shubra silos. Truck movement in and out of the port totaled 6,277 operations.

The Minister of Investment & Foreign Trade, Dr. Mohamed Farid Saleh, met with the European Bank for Reconstruction and Development (EBRD) delegation, headed by Mr. Mark Davis, Executive Director for the Southern and Eastern Mediterranean region, and Ms. Reem El-Saadi, EBRD Deputy Head – Egypt for Government Relations, to discuss expanding strategic partnership and cooperation in priority areas that support economic development and enhance Egypt’s market attractiveness.

Dr. Mohamed Farid Saleh, Minister of Investment & Foreign Trade:

“We are working on building a verified database to design trade and investment policies that foster national economic growth.”

“Deepening partnership with international institutions will strengthen Egypt’s productive, manufacturing, and financial capacities.”

Mark Davis, EBRD Executive Director:

“The Egyptian economy is moving steadily despite regional turbulence, and we have ambitious plans for partnership and cooperation.”

“Collaboration extends to enhancing foreign trade, capacity building, data analytics, and investment funds.”

The meeting was attended by senior Egyptian officials including Dr. Ghada Nour (Assistant Minister for Investment Promotion and Government Offerings), Dr. Dalia El-Hawary (Deputy CEO of the General Authority for Investment), Mohamed Ayad (Advisor to the Minister), and Abed Mehran (Assistant Minister for Investment Climate and Competitiveness).

Key areas of cooperation discussed included:

Institutional and technical capacity building for investment and trade authorities to improve performance and investor services.

Specialized investment funds, with participation from Egypt’s sovereign wealth fund, targeting productive sectors—especially industry—by financing expansions and deepening local content.

Innovative funds in emerging fields such as sports-related economy and pharmaceutical research, diversifying growth sources.

Expanding private sector participation through offering stakes in state-owned companies, improving asset management efficiency, transparency, and attracting new domestic and foreign investments.

Supporting entrepreneurship and startups via innovative financing mechanisms, including venture capital funds and SPAC (Special Purpose Acquisition Companies), to give startups better access to growth and capital markets.

Enhancing foreign trade competitiveness through advanced data cleansing and analytics, building early-warning systems to detect practices that could harm Egyptian exports.

Applying artificial intelligence to analyze trade patterns and forecast risks from trade measures, helping Egypt proactively protect national exports and ensure compliance with international standards.

Cooperation in trade policy capacity building, including safeguard measures under international trade rules, balancing protection of local industry with export competitiveness.

Dr. Farid emphasized Egypt’s commitment to deepening cooperation with international partners, especially the EBRD, to drive economic development, strengthen competitiveness, and create a stable, attractive investment environment.

Mr. Davis reaffirmed the EBRD’s commitment to supporting Egypt through concessional financing and technical expertise, particularly in private sector development, green transition, infrastructure, and innovative financing tools, aligning with Egypt’s development goals.

Company Name : Electro Cable Egypt
ISIN Code : EGS3G231C011
Currency : EGP
F/S Standalone Period : From 01/01/2025 To 31/12/2025
Net Profit : 104,406,661
F/S Standalone Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 435,658,435
Audit Status : Audited
Source : Electro Cable Egypt

The BoD Report in Arabic & English (5,348 KB)
The Corporate Governance Report in Arabic & English (5,070 KB)
The ESG & TCFD Reports in Arabic & English (8,735 KB)

Source: Youm7

Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed during the general assembly of Petrojet—the executive and manufacturing arm of Egypt’s petroleum sector—that the company is a key supporter in implementing petroleum, national, and infrastructure projects. It has also become a highly competitive brand abroad, relying on its accumulated expertise and distinguished record of success.

The minister highlighted Petrojet’s important role in efficiently managing and executing the project to connect and operate regasification vessels, which contributed to securing gas supplies for all sectors of the state. He praised the company’s commitment to safety standards in its projects, stressing that safety is a fundamental and ethical responsibility to protect lives and human resources, as well as a decisive factor in the reputation of companies, their growth opportunities, and the volume of new business they can attract.

Meanwhile, Engineer Walid Lotfy, Chairman of Petrojet, reviewed the company’s key results for 2025, confirming its success in strengthening its position as a global contractor. The company recorded new projects and contracts worth EGP 121 billion inside and outside Egypt, compared to EGP 112 billion in 2024, reflecting continued strong performance despite global and regional challenges, geopolitical fluctuations, and exceptional circumstances affecting the contracting industry.

He explained that the company also secured future projects and contracts worth EGP 246 billion up to 2029. Petrojet continued to enter new fields in 2025, including nuclear energy projects, becoming the first Egyptian company to participate in the El-Dabaa nuclear project. He showcased the diverse projects executed in Egypt and abroad in petroleum, gas, and infrastructure, as well as participation in Saudi Arabia’s NEOM mega project. The company expanded regionally through strategic partnerships with many institutions, raising the number of active and targeted markets to 28 countries, thereby enhancing competitiveness and growth opportunities.

The Chairman added that Petrojet obtained the SCC safety certification, qualifying it to work as a contractor in European countries. It also implemented initiatives to strengthen occupational safety, health, and environmental protection at work sites. He noted the completion of the Safety and Risk Management School in Ain Sokhna, affiliated with the petroleum sector, in cooperation with the Egyptian General Petroleum Corporation and companies Bechtel and BP, to train personnel in safety.

He also pointed to the support for local manufacturing centers for equipment and project components in Egypt and abroad. The company is establishing two new manufacturing centers in Alamein and Tebeen, while it already has centers in Iraq and the UAE, and is building a new center in Saudi Arabia, which has been accredited by major energy companies such as Aramco, ADNOC, and Sonatrach.

Lotfy emphasized the company’s strong focus on human capacity building, launching a comprehensive program to develop executive leadership, particularly project managers. He referred to the preparation of Petrojet’s new five-year strategic plan for 2027–2031, aimed at continuing the growth journey and enhancing the company’s ability to compete regionally and internationally.

Source: Youm7

The Ready-Made Garments Export Council revealed that exports rose by 11% in January 2026, recording $299 million compared to $270 million in the same month last year.

Engineer Fadel Marzouk, Chairman of the Council, stated that external demand continues to grow alongside improved competitiveness of Egyptian products. He confirmed that the Council is pursuing plans to achieve a breakthrough, targeting $1 billion in exports by the end of 2026.

Marzouk emphasized that Egypt has utilized maximum available production capacity, while continuously developing the sector, using high-quality raw materials, and adopting environmentally friendly practices and circular economy principles. This approach fosters sustainable growth in exports.

He noted that the ready-made garments sector is one of the pillars of the Egyptian economy, providing around 1.7 million jobs and achieving annual growth for the third consecutive year. New investments are expected to strongly impact export figures, with a target of $4.4 billion by the end of 2026.

The Chairman announced that exports to the United States grew by 16%, reaching $118 million in January 2026 compared to $102 million in the same month last year. Exports to the European Union rose by 26%, recording $132 million compared to $105 million.

He stressed that the Council continues coordination with the government, represented by the Ministry of Investment & Foreign Trade, as well as the Ministries of Finance and Industry, to sustain these positive results.

Marzouk unveiled an ambitious plan to increase sector exports by 22–25% annually over the next five years, aiming to reach $12 billion by 2031.

He cautioned, however, that current regional tensions in the Middle East may have some impact on production and export targets this year, but the Council is working closely with relevant government bodies to mitigate challenges.