On the sidelines of the International Mining Conference held in Riyadh, Kingdom of Saudi Arabia, Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, took part in the 10th consultative meeting of Arab Ministers of Mineral Resources. The meeting was chaired by Engineer Bandar bin Ibrahim Al-Khorayef, Saudi Minister of Industry and Mineral Resources, with the participation of Arab ministers responsible for mining affairs, and Engineer Adel Al-Saqr, Secretary-General of the Arab Organization for Industrial Development, Standardization, and Mining, which organized the meeting.

In his speech, the Minister emphasized the importance of unifying Arab efforts in mineral exploration and prospecting, and exchanging technical and technological expertise to ensure optimal and sustainable utilization of mineral wealth across Arab countries. He praised the role of the Arab Organization for Industrial Development, Standardization, and Mining in supporting coordination and joint Arab work in the mining industries over the past years.

The Minister affirmed that Egypt is on the right track in developing its mining sector, through transforming the Mineral Resources Authority into an economic authority, which has provided flexibility and speed in procedures and facilitated the issuance of licenses for investors to explore and exploit mineral ores. He added that Egypt will launch its first comprehensive aerial survey for mineral exploration in 40 years during the first quarter of this year, aimed at updating geological data and building a large database to quickly attract Arab and international mining investments.

He stressed the importance of what was raised during the meeting regarding the Arab Mining Guideline System, which supports the creation of a flexible and attractive legislative environment for investment. He explained that Egypt has practically implemented this through the unified mining license system that has been approved, calling for linking the Arab “Future Minerals” platform with Egypt’s upcoming digital mining platform, to ensure smooth flow of data and investment opportunities in Egypt among Arab investors.

The Minister highlighted that the global energy transition places the Arab region before a historic responsibility, noting that Arab countries not only possess mineral resources but also hold the keys to future mining sovereignty. This can be achieved by moving beyond the stage of extracting vital and rare minerals to localizing industries based on them, and working in an integrated manner among Arab countries in mining and mining-related industries, which represent one of the pillars of national and economic security for these countries. He praised the Arab initiative proposed to use artificial intelligence in mining, which reduces exploration costs and lowers investment risks.

Dr. Mahmoud Essmat: Accelerating project implementation, expanding energy storage systems, adding new clean energy capacities, relying on them, and reducing the use of fossil fuels.

As part of the national energy strategy and executive programs to add new generation capacities from solar and wind power, to achieve energy security and diversification, maximize returns from renewable sources, increase reliance on them, reduce dependence on conventional fuels, and lower consumption, while expanding battery storage technologies to secure the grid and ensure stable electricity supply, Dr. Mahmoud Essmat, Minister of Electricity and Renewable Energy, met with Engineer Hassan Al-Amin, Regional Director of Saudi company ACWA Power, and his delegation at the Ministry’s headquarters in the New Administrative Capital. The meeting was attended by Deputy Minister Eng. Sabah Mashaly and Eng. Gaber Desouki, Chairman of the Egyptian Electricity Holding Company, to discuss ways to strengthen cooperation and partnership in supporting and reinforcing the unified electrical grid and to follow up on the progress of joint renewable energy projects.

The meeting discussed mechanisms and requirements to accelerate the execution of renewable energy projects, particularly wind power projects underway in South Hurghada and Zafarana, and reviewed the actual progress of implementation. This is within the framework of the strategy aimed at adding new renewable generation capacities to reduce fuel consumption and carbon emissions. The discussions also addressed how to benefit from advances in energy storage technologies and expand their deployment to maximize the returns from renewable energy, meet rising demand, support the grid, and ensure stable and continuous electricity supply. The meeting also covered projects implemented by ACWA Power in southern Egypt, including Benban and Kom Ombo solar projects, as well as wind generation projects, within the framework of cooperation and partnership between Egypt and Saudi Arabia.

The meeting reviewed the implementation status of the Zafarana wind power project with a total capacity of 1,100 MW, with the first phase of 550 MW to be completed by the end of this year, as well as future projects under the state’s and the ministry’s strategy to expand renewable energy reliance. This includes the South Hurghada wind project with a capacity exceeding 1,500 MW, currently in the final stages of study before execution begins.

Dr. Mahmoud Essmat affirmed the commitment to expand cooperation with the Saudi company and accelerate the execution steps of ongoing projects to increase renewable energy capacities added to the national electricity grid. He explained that both local and foreign private sectors are key partners in renewable energy projects, and the ministry is taking all measures to rely on the private sector to meet the grid’s renewable energy requirements under the adopted energy strategy. Work is being carried out through action plans, executive programs, and timelines for grid integration. He pointed to the state’s strategy aimed at increasing the share of renewable energy in the electricity mix, reducing reliance on fossil fuels, increasing the share of clean energy, and cutting carbon emissions as part of the national energy transition plan.

Dr. Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, chaired the regular meeting of the Ministerial Group for Human Development on Tuesday at the Ministry’s headquarters in the New Administrative Capital.

The meeting was attended by the following members of the ministerial group:

Dr. Ayman Ashour, Minister of Higher Education and Scientific Research

Counselor Adnan El-Fenjary, Minister of Justice

Dr. Osama El-Azhari, Minister of Religious Endowments

Dr. Mohamed Gebran, Minister of Labor

Dr. Ahmed Fouad Henno, Minister of Culture

Mr. Mohamed Abdel Latif, Minister of Education and Technical Education

In addition to the group’s technical secretariat, several deputies, assistants, undersecretaries, and representatives of relevant bodies were present.

Dr. Hossam Abdel Ghaffar, official spokesperson for the Ministry of Health and Population, explained that the meeting reviewed the implementation of recommendations from the previous session, foremost among them the completion of the review of the “Human Development” chapter within the National Narrative.

The meeting included a presentation by the Minister of Higher Education and Scientific Research on the early childhood education system (nurseries and kindergartens) within the framework of the National Strategy for Education and Scientific Research 2030. He outlined Egypt’s current situation compared to other countries, the vision for improvement, and the requirements needed to develop this educational stage.

Dr. Khaled Abdel Ghaffar emphasized the importance of investing in this stage to build the child’s personality and develop personal, social, and cognitive skills. He stressed the need to prepare a practical study with a clear timeframe, in coordination with the relevant ministries and drawing on international experiences.

For his part, the Minister of Labor presented several successful models in training and cooperation, including:

Collaboration with “Ebda Edu,” the training arm of the national “Ebda” initiative, to manage and develop vocational training centers affiliated with the Ministry of Labor.

Cooperation with the Italian Salesian Institute in Cairo and Alexandria, where about 4,000 trainees have been trained so far in 23 different professions.

Partnership with the Egyptian Drilling Company, which has trained about 400 trainees to date.

Cooperation with Badr University to implement conversion training programs for graduates of geography departments into the profession of “general surveyor.”

Collaboration with the Egyptian Federation for Construction and Building Contractors in training and awareness on labor legislation and occupational safety and health requirements.

Cooperation with the Chamber of Ready-Made Garments and Home Textiles at the Federation of Industries, where the ministry provides technical and training support to industrial establishments to raise occupational safety and health standards.

Signing a cooperation protocol on professional testing with Saudi Arabia.

Continuing to issue licenses and accredit new private training centers.

Launching an initiative to train thousands of trainees inside factories and companies across all governorates, aiming to qualify them for the labor market and raise their professional competence.

Dr. Khaled Abdel Ghaffar directed the expansion of trainee numbers, with a focus on training current workers in the labor market, strengthening partnerships with the private sector, and activating the licensing and accreditation of private training centers to ensure governance and the quality of outputs linked to labor market needs.

Dr. Ali El-Ghamrawy, Chairman of the Egyptian Drug Authority, held a meeting with representatives of the Holding Company for Pharmaceuticals, headed by Dr. Ashraf El-Khouly, Managing Director of the Holding Company, and China’s Halo Group, headed by Mr. Huang (John), CEO of the group, in the presence of Dr. Tamer El-Husseiny, Vice Chairman of the Authority.

The meeting discussed several issues related to providing priority biological and pharmaceutical products for Egyptian patients, as well as reviewing the companies’ future plans in the Egyptian market, particularly regarding supporting local manufacturing, expanding production capacities, and increasing investment in the pharmaceutical sector.

Dr. Ali El-Ghamrawy opened the meeting by welcoming the delegation, stressing the Egyptian Drug Authority’s keenness to strengthen cooperation frameworks with industry partners, both local and international, in support of the state’s strategy to localize pharmaceutical industries and achieve self-sufficiency in advanced biological and pharmaceutical products.

The Chairman of the Egyptian Drug Authority emphasized that localizing advanced pharmaceutical industries is one of the main pillars of the Authority’s strategy, given its pivotal role in strengthening national pharmaceutical security. He pointed to the importance of strategic partnerships aimed at transferring modern technology and localizing the production of oncology medicines and biological products, which are considered national priority issues, and are being undertaken by Egypt’s “City of Medicine” as a strategic national project.

Dr. El-Ghamrawy explained that the Egyptian Drug Authority is working to create a supportive and stimulating regulatory environment to attract serious investments and facilitate registration and manufacturing procedures, ensuring the provision of safe, effective, and high-quality medicines for Egyptian patients in line with the highest international standards.

For their part, representatives of the Holding Company for Pharmaceuticals and China’s Halo Group expressed their appreciation for the regulatory and supportive role played by the Egyptian Drug Authority. They affirmed the importance of partnering with Halo Group to transfer advanced pharmaceutical technology to the Egyptian market, thereby supporting local pharmaceutical manufacturing and enhancing the competitiveness of national companies regionally and internationally.

The meeting comes within the framework of the state’s and the Egyptian Drug Authority’s strategic direction to strengthen national pharmaceutical security and meet patients’ needs for complex medicines locally, thereby consolidating Egypt’s position as a leading regional hub for pharmaceutical manufacturing and distribution.

As part of monitoring the work of affiliated companies, Dr. Sherif Farouk, Minister of Supply and Internal Trade, held an extensive meeting with the Board of Directors of the Sugar and Integrated Industries Company, chaired by Dr. Nevine Gamea, Chairwoman of the Board, to review the company’s and its factories’ readiness, discuss the start of the sugar production season from sugarcane, and ensure smooth operations.

During the meeting, Dr. Sherif Farouk emphasized that the Sugar and Integrated Industries Company is one of the fundamental pillars of the state’s food security system, given its pivotal role in producing a strategic commodity that directly affects citizens’ lives. He stressed that the ministry attaches great importance to monitoring the performance of the company and its factories, supporting development plans, and raising efficiency to achieve sustainability and enhance production capacity.

The Minister expressed special appreciation to the company’s workers and those in its affiliated factories, praising their sincere efforts during the supply and production season. He affirmed that the workers are the key element in the success of the system, and the ministry is keen to safeguard their rights and entitlements and improve the work environment, in recognition of their national role in securing the local market’s sugar needs, especially during critical periods and high-demand seasons.

Dr. Farouk stressed the importance of human resources and the need to upgrade all elements of the system. In a swift response, the Board of Directors of the Sugar Company, in its meeting today chaired by the Minister, approved amendments to several key benefits for the company’s employees and affiliated factories. These include:

Increasing the meal allowance to EGP 1,500 per month instead of EGP 1,000.

Raising annual profits and bonuses for employees to 45 months instead of 42 months.

Increasing incentives for all employees across all categories by 25% of the basic salary.

Approving medical treatment for all employees at the main medical center in Hawamdeya.

The meeting also agreed to study additional points, including increasing the cash allowance, raising the supplementary incentive, and considering a proposal to increase end-of-service gratuity.

Dr. Farouk also confirmed that regular meetings will be held with workers’ representatives at the company’s factories, in coordination with the elected workers’ representative and Board member. He instructed that the company’s General Assembly convene quickly on Thursday, January 15, to ratify the decisions taken today.

The meeting was attended by Major General Walid Abu El-Magd, Deputy Minister; Mr. Mostafa Ismail, Deputy Chairman of the General Authority for Supply Commodities; Counselor Amr El-Sisi, the Minister’s Legal Advisor; Mr. Ayman Ismail, Chairman of the Holding Company for Food Industries; Dr. Alaa Nagi, CEO of the Holding Company for Food Industries; Mr. Hossam El-Garahi, Assistant Minister for Oversight; Mr. Ahmed Kamal, Assistant Minister and official spokesperson; and Ms. Sara El-Azzazi, Head of the Central Administration for the Minister’s Office.

From the Sugar and Integrated Industries Company, attendees included Engineer Salah Fathy, Managing Director and CEO; Mr. Mohamed El-Sayed, Managing Director for Financial and Administrative Sectors; Engineer Ihab Mohamed, Non-Executive Board Member; and Mr. Khidr Said, Board Member representing the workers.

Inspection tour by the Minister of Investment, Presidential Advisor, and Cairo Governor at the “Ministries Square” in Downtown Cairo

Hassan El-Khatib: Our goal is to maximize returns from assets through partnerships with the private sector under “usufruct” agreements, while keeping ownership with the state.

Minister of Investment: The development of the Ministry of Interior building is the “nucleus” for transforming ministry buildings into hotel, service, and cultural projects.

Major General Khaled Fouda: Intensive efforts are underway to develop Downtown Cairo and the Ministries Square to ensure optimal use of heritage buildings.

Ibrahim Saber: Optimal investment in these headquarters is part of the state’s plan to restore Cairo’s visual identity in cooperation with the Sovereign Fund.

Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, Major General Dr. Khaled Fouda, Presidential Advisor for Local Development and Chairman of the National Committee for the Protection and Development of Heritage Cairo, and Dr. Ibrahim Saber, Governor of Cairo, conducted an inspection tour of the Ministries Square in Downtown Cairo. The square includes several ministry buildings such as Housing, Military Production, Supply, and Justice. The tour aimed to explore ways to utilize these assets and maximize returns after the ministries’ relocation to the New Administrative Capital, through the Sovereign Fund chaired by the Minister of Investment and Foreign Trade. The development of the Ministries Square runs in parallel with ongoing restoration efforts in Heritage Cairo, in line with directives from the political leadership to revive the area, preserve it, and restore its vital role in reflecting the architectural and urban character of the district.

Minister Hassan El-Khatib stated that the objective pursued through the Sovereign Fund is to maximize returns from these assets via partnerships with the private sector under usufruct agreements, while ownership remains with the state.

He confirmed that the Ministry of Interior building is the nucleus of this project, being transformed into a hotel and cultural complex, with studies underway to continue developing the remaining ministry buildings. He explained that all studies on utilizing the Ministries Square buildings have been completed, with plans to convert them into hotel and service projects, and the buildings are being handed over to the Sovereign Fund. He emphasized full cooperation and coordination among all entities, including Cairo Governorate, to expedite utilization of these assets and finalize related procedures.

The Minister added that these efforts align with the broader development of Central Cairo. The Holding Company for Insurance, affiliated with the Sovereign Fund, owns 300 buildings in Khedivial Cairo and Alexandria. These buildings are not for sale but will be converted into hotel and service projects under usufruct agreements. He noted that Misr Asset Management Company has been tasked with preparing the buildings for investment.

Major General Khaled Fouda highlighted the significant efforts by Cairo Governorate to develop Downtown Cairo, stressing that the Ministries Square is one of the key projects underway to ensure optimal use of these assets.

Dr. Ibrahim Saber, Governor of Cairo, stated that investing in Downtown Cairo and the Khedivial district, and optimally utilizing former ministry headquarters, is part of the state’s plan to restore Cairo’s visual identity. This will be achieved through the Sovereign Fund. He explained that cooperation is ongoing between the Governorate, the Ministry of Investment and Foreign Trade, and other ministries and relevant entities to resolve any obstacles and ensure optimal utilization of these assets. He affirmed that Cairo Governorate will provide all necessary support to facilitate investment in these headquarters.

Noha Khalil, Acting CEO of the Sovereign Fund, confirmed that there is cooperation between the Fund and Cairo Governorate to present the buildings slated for investment to potential investors and study offers to ensure optimal utilization and maximize returns for the state.

During her first visit to the Middle East in 2026, the Minister of Planning, Economic Development, and International Cooperation held an extensive meeting with the Vice President of the European Investment Bank and the accompanying delegation to discuss the future of strategic relations.

Dr. Rania El-Mashat: International cooperation and strategic partnerships are a key pillar of the “National Narrative for Comprehensive Development.”

Egypt is the largest country of operations for the European Investment Bank outside the EU, with investments exceeding €14 billion since 1979.

The European Investment Bank is one of the largest multilateral banks financing both local and foreign private sectors in Egypt.

Establishing a regional center for the bank in Cairo strengthens Egypt’s position as an international platform for development financing.

€3.1 billion in credit lines were extended to Egyptian banks by the European Investment Bank between 2020–2024.

The bank’s investments helped mobilize foreign direct investment in vital sectors, especially renewable energy.

Dr. Rania El-Mashat, Minister of Planning, Economic Development, and International Cooperation, held a broad meeting with Ms. Gelsomina Vigliotti, Vice President of the European Investment Bank, and Mr. Andrew McDowell, Director of EIB Global (the development arm of the European Investment Bank), along with their delegation. The meeting, part of her first visit to the Middle East in 2026, focused on the future of joint relations within the framework of the strategic partnership between Egypt and the EU.

During the meeting, Dr. El-Mashat presented the second edition of the “National Narrative for Comprehensive Development,” which serves as a comprehensive framework guiding sustainable and inclusive growth led by the private sector. She explained that the narrative emphasizes achieving macroeconomic stability, implementing structural reforms, enhancing competitiveness, increasing private sector participation, and prioritizing green transition, digital transformation, and human capital development.

El-Mashat stressed that Egypt values its strategic partnership with the European Investment Bank in mobilizing financing, reducing investment risks, and supporting private sector–led development in line with national priorities. Egypt is the largest country of operations for the bank outside the EU, with investments exceeding €14 billion since 1979, including €7.2 billion for the private sector, making the EIB one of the largest multilateral financiers of both local and foreign private sectors in Egypt.

She highlighted that the establishment of a regional center for the bank in Cairo strengthens Egypt’s position as an international platform for development financing. The bank’s investments have helped mobilize foreign direct investment in vital sectors, particularly renewable energy. She noted the major project launched yesterday by Scatec, in which the EIB is participating, describing it as one of the key projects securing Egypt’s energy supply.

She added that, following up on the December meeting with the EIB mission and preparing for new cooperation in 2026 and beyond, several priorities announced by the bank for the private sector at the start of 2026 were identified. These priorities align closely with Egypt’s national development agenda, including financing the green transition and supporting climate action as strategic priorities to foster sustainable growth, with energy transition as a cornerstone of Egypt’s development efforts.

The meeting also discussed cooperation between Egypt and the EIB regarding the “NWFE” program in its energy, food, and water pillars, and the “NWFE+” program in its sustainable transport pillar.

For her part, Gelsomina Vigliotti, Vice President of the European Investment Bank, said the partnership with Egypt represents an advanced model of cooperation based on empowering the private sector and supporting the transition to a green economy. She emphasized the importance of maintaining and strengthening this partnership, recognizing its pivotal role in supporting Egypt’s government and achieving its development priorities.

Vigliotti added that the bank’s executive board approved financing worth $150 million for one of Africa’s largest renewable energy projects, which was inaugurated yesterday in the presence of Egypt’s Prime Minister. She affirmed the bank’s pride in supporting this exceptional project, which embodies its commitment to Egypt’s green transition. She noted that the bank continues to support Egypt’s goals, particularly raising the share of renewable energy to 42% of total production, stressing that these efforts reflect the EIB’s commitment to sustainable development and climate action in Egypt.

In response to media questions during the joint press conference with the European Investment Bank:

Minister of Planning, Economic Development, and International Cooperation: €1 billion will be disbursed from the European Union next Thursday under the Macro-Financial Assistance (MFA) budget support mechanism, after implementing 16 measures within the National Structural Reform Program.

“El-Mashat”: Egypt is implementing more than 100 economic and structural policies and measures under the MFA framework to support macroeconomic stability.

The reforms enhance economic and financial stability, improve the business environment, and strengthen Egypt’s competitiveness.

More measures will continue to be implemented to ensure the sustainability of reforms and empower the private sector.

Concessional financing mechanisms help reduce short-term financial burdens and extend debt maturities.

The new financing provides wider fiscal space for spending on social protection, health, and education, in line with the national narrative for comprehensive development.

Dr. Rania El-Mashat, Minister of Planning, Economic Development, and International Cooperation, announced that the government has implemented 16 economic and structural measures under the first tranche of the second phase of the MFA program, which will be disbursed next Thursday at a value of €1 billion.

This came during a joint press conference coinciding with the visit of Ms. Gelsomina Vigliotti, Vice President of the European Investment Bank, to Egypt.

She added that in total, 38 reforms have been implemented under the National Structural Reform Program, including 22 measures in the first phase disbursed in January 2025 (€1 billion), and 16 measures in the tranche to be disbursed this week. This leaves €3 billion to be disbursed in two tranches during 2026.

She explained that the MFA program, worth €5 billion, includes more than 100 nationally designed economic policies and measures implemented under the National Structural Reform Program. This provides concessional financing alternatives at lower cost compared to international markets, supporting the budget and expanding fiscal space for various programs and projects, in line with Egypt’s comprehensive development goals.

El-Mashat emphasized that this development reflects the depth of Egypt–EU relations, which are witnessing qualitative momentum supported by political leadership. The MFA program is part of broader government efforts to implement structural reforms aimed at consolidating macroeconomic stability, improving the business climate, and advancing the transition to a green economy.

She noted that the first tranche of the second phase is tied to 16 structural reforms already implemented this year, coordinated with relevant entities including the Central Bank of Egypt, and the ministries of Finance, Planning, Investment and Foreign Trade, Electricity and Renewable Energy, Water Resources and Irrigation, Environment, and Industry. These reforms strengthen macroeconomic stability by improving public financial management, developing medium-term budget frameworks, managing fiscal risks and public investment, enhancing competitiveness and the business environment through better allocation of industrial land and streamlined investment licensing, and advancing the green transition through sustainable water management, waste-to-energy policies, energy efficiency, and protecting the Red Sea’s natural capital to support sustainable economic development.

It is noteworthy that the memorandum of understanding for the second phase of the MFA program was signed during the Egypt–EU summit in Brussels on October 22, 2025, worth €4 billion, reflecting the EU’s confidence in Egypt’s reform program and its support for economic and financial stability.

Key structural reforms implemented under Phase I and Phase II (first tranche) of the MFA program with the EU:

Phase I (December 2024):

Electronic payroll tax system applied to public sector wages and gradually to private sector wages.

Public Finance Law amended to set annual debt ceilings and establish dedicated accounting units.

Medium-term budget framework guidelines issued.

Draft procedural manual for program and performance budgeting prepared.

New criteria for evaluating public investment projects developed.

Expansion of social safety nets (Takaful and Karama programs, microfinance projects).

Launch of Social Protection Observatory report.

Launch of “Mahni 2030” platform to develop youth skills and support transition to formal economy.

Unified database for state-owned enterprises created.

Transparency measures on State Ownership Policy progress and divestment deals.

Publication of unified “negative list” of foreign investment restrictions.

Online investment portal with centralized information launched.

Electronic licensing system for investors introduced.

Plan for e-procurement system aligned with Public Procurement Law.

Medium-term tax strategy published.

Competition Authority issued guidelines on competitive neutrality.

Adoption of revised sustainable energy strategy.

Regulations for issuing renewable energy certificates published.

Phase II, first tranche (December 2025):

Strengthened domestic revenue mobilization.

Enhanced Public Finance Law implementation with unified reporting.

Strengthened medium-term budget framework with evaluation reports and fiscal strategy papers.

Advanced program and performance budgeting with PPP action plans.

Financial risk management framework established.

Coordinated macroeconomic forecasting across ministries.

Public investment management reforms aligned with OECD and IMF recommendations.

Competitive bidding system for industrial land allocation.

Electronic platform for investment licensing launched.

Water resource management reforms, including fees for groundwater extraction and licensing rules.

Revised feed-in tariff for waste-to-energy projects.

Declaration of the Red Sea marine ecosystem as a protected area.

Strengthened national energy efficiency plan with expanded mandate for the Cabinet’s Energy Planning Unit.

Company Name : Palm Hills Development Company
ISIN Code : EGS655L1C012
Reuters Code : PHDC.CA
Content :
Release from the company concerning signing an agreement with Egyptian Kuiweiti Copany.

Release from the Company in Arabic & English (510 KB)

Source: Al-Mal

The Central Bank of Egypt today withdrew liquidity worth EGP 91.200 billion through an open market operation, with 9 banks participating in the auction, at an interest rate of 20.5%.

The Central Bank had previously issued instructions regarding the rules governing the main deposit-linking operation for open market transactions, which it used to conduct through a fixed-rate auction on a weekly basis. In these auctions, the size of the operation is announced, and bids are accepted using an allocation method determined by the ratio of each bank’s bid to the total bids submitted, applied at the main operation rate.

The Central Bank confirmed that, in light of its commitment to following best international practices in managing excess liquidity in the banking system and improving the transmission of monetary policy decisions, it has decided to change the method of accepting bids in the main deposit-linking operation from the allocation method to a method of accepting all submitted bids. The results of each operation will be published on the Central Bank of Egypt’s official website.

The Central Bank will continue managing liquidity in a way that achieves balance and ensures consistency with its operational objective, which is to maintain the weighted average overnight interbank rate around the main operation rate, represented by the corridor’s average rate.

Company Name : El Ahram Co. For Printing And Packing
ISIN Code : EGS360A1C011
Reuters Code : EPPK.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 31/12/2025 according to Article 30 of the Listing Rules.

The Disclosure Form for the BoD & the Shareholders' Structure (1,530 KB)

Company Name : Tenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda
ISIN Code : EGS381B1C015
Reuters Code : RMDA.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 31/12/2025 according to Article 30 of the Listing Rules.

Shareholders' Structure (4,100 KB)

With reference to the letter of the Ministry of Finance on 13/01/2026 regarding the Egyptian Treasury Bonds 14 January 2028 Variable Return, according to the prospectus, a quarterly coupon is due on these bonds, which is determined at the beginning of the period and is disbursed and recalculated every three months, according to the change in the average corridor rate of the central bank, since the coupon no.(5) for this bond is due on 14/04/2026, the price of the coupon is 25.4436%.
ISIN Code: EGBGR06131V6

Company Name : Memphis Pharmaceuticals
ISIN Code : EGS38351C010
Reuters Code : MPCI.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 31/12/2025 according to Article 30 of the Listing Rules.

Shareholders' Structure (2,502 KB)

Company Name : First Investment Company And Real Estate Development
ISIN Code : EGS65AL1C010
Reuters Code : FIRE.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 31/12/2025 according to Article 30 of the Listing Rules.

Shareholders' Structure (2,573 KB)