According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 3) for the listed bonds of Capital For Securitization The First Issuance - Fourth Program Tranche W December 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 169,296,960.00 distributed over 2,303,360 bonds at a par value of EGP 73.50000. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A-) ، at a fixed annual Return rate of 23.25% to be paid monthly starting from the month Following the Month of the Issuance.
ISIN Code: EGB69611S733

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 17) for the listed bonds of Capital For Securitization The Fifth Issuance - Second Program Tranche D August 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 142,450,000.00 distributed over 10,360,000 bonds at a par value of EGP 13.75000. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A) ، at a fixed annual Return rate of 22.95 % to be paid monthly starting from the second month of the Issuance.
ISIN Code: EGB69611S584

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 3) for the listed bonds of Capital For Securitization The Fourth Issuance - The Twelfth Program Tranche A December 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 1,605,150,000.00 distributed over 18,450,000 bonds at a par value of EGP 87.00000. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 21 % to be paid monthly starting from the First month of the Issuance.
ISIN Code: EGB69611S2Z0

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 8) for the listed bonds of Capital For Securitization The Third Issuance - Eighth Program Tranche B June 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 177,621,188.99 distributed over 3,008,000 bonds at a par value of EGP 59.04959. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 22.20 % to be paid monthly starting from the month Following the Month of the Issuance.
ISIN Code: EGB69611S2D7

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 8) for the listed bonds of Capital For Securitization The Third Issuance - Eighth Program Tranche A April 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 65,884,756.00 distributed over 5,586,000 bonds at a par value of EGP 11.79462. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 22.10 % to be paid monthly starting from the month Following the Month of the Issuance.
ISIN Code: EGB69611S2C9

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 10) for the listed bonds of Capital For Securitization The First Issuance - The Thirteenth Program May 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 51,587,286.24 distributed over 4,975,000 bonds at a par value of EGP 10.36930. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A-) ، at a fixed annual Return rate of 23 % to be paid monthly Starting from the Second Month of The Issuance.
ISIN Code: EGB69611S1P3

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 3) for the listed bonds of Capital For Securitization The Second Issuance - Ninth Program Tranche A November 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 185,999,999.99 distributed over 3,900,000 bonds at a par value of EGP 47.69230. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 21.55 % to be paid monthly Starting from the Second Month of The Issuance.
ISIN Code: EGB69611S2W7

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 7) for the listed bonds of EFG Securitization The Sixth Issuance - Sixth Program June 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 247,986,999.99 distributed over 8,589,000 bonds at a par value of EGP 28.87262. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 22.5 % to be paid after 3 months for the First Coupon then will be Paid monthly.
ISIN Code: EGB694K1S547

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 7) for the listed bonds of EFG Securitization The Second Issuance - Fourth Program Tranche W November 2029 Fixed Return.
The total listed value of the bonds after the partial redemption becomes EGP 72,217,999.99 distributed over 841,850 bonds at a par value of EGP 85.78487. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A) ، at a fixed annual return rate of 18.25% to be paid after 4 months for the first coupon then will be paid every 3 months then will be paid monthly starting from the 14th month (May 2024).
ISIN Code: EGB694K1S281

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 8) for the listed bonds of EFG Securitization The Second Issuance - Fourth Program Tranche C March 2030 Variable Return.
The total listed value of the bonds after the partial redemption becomes EGP 318,653,408.00 distributed over 4,530,400 bonds at a par value of EGP 70.33670. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A) ، at a variable Return rate equal to the Lending Rate announced by the Central Bank + Margin 0.70 % to be paid after 4 months for the first coupon then will be paid every 3 months then will be paid monthly starting from the 14th month.
ISIN Code: EGB694K1S257

In implementation of Article (20) of the listing rules, EGX announces receiving a listing request on 31/03/2026, to list the shares of  ALNAHDA INDUSTRIAL CO S.A.E, on the board of the Egyptian securities- shares (Main Market), where the listing documents received from the company are currently being reviewed and completed to be presented to the listing  committee, as the following :

The Company's issued capital to be listed: EGP 756 Million 
Number of shares: 75,600,000 shares
par value: EGP 10

The announcement shall be published for a period of five working days from its date.

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 5) for the listed bonds of EFG Securitization The First Issuance - The Seventh Program August 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 81,755,000.00 distributed over 4,606,500 bonds at a par value of EGP 17.74774. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 22.5 % to be paid after 3 months for the First Coupon then will be Paid monthly.
ISIN Code: EGB694K1S554

  In implementation of Article (20) of the listing rules, EGX announces receiving a listing request on 31/03/2026, to list the shares of  THE EGYPTIAN FERROALLOYS CO.(EFACO), on the board of the Egyptian securities- shares (Main Market), where the listing documents received from the company are currently being reviewed and completed to be presented to the listing  committee, as the following :

The Company's issued capital to be listed: EGP 300,000,000 
Number of shares: 30,000,000 shares
par value: EGP 10

The announcement shall be published for a period of five working days from its date.

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 4) for the listed bonds of EFG Securitization The Second Issuance - Fifth Program Tranche A September 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 311,987,999.99 distributed over 7,671,300 bonds at a par value of EGP 40.66950. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 22.20 % to be paid monthly starting from the Third Month of The Issuance.
ISIN Code: EGB694K1S562

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 1) for the listed bonds of EFG Securitization The First Issuance - The Eighth Program Tranche A December 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 605,477,500.00 distributed over 8,725,275 bonds at a par value of EGP 69.39351. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 21.50 % to be paid monthly starting from the Third Month of the Issuance.
ISIN Code: EGB694K1S604

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 2) for the listed bonds of EFG Securitization The Third Issuance - Fifth Program Tranche A November 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 308,138,000.00 distributed over 6,210,750 bonds at a par value of EGP 49.61365. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 21.80 % to be paid monthly starting from the third month of the Issuance
.
ISIN Code: EGB694K1S588

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 1) for the listed bonds of EFG Hermes Securitization The First Issuance - The Tenth Program Tranche A December 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 52,915,000.00 distributed over 834,350 bonds at a par value of EGP 63.42062. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (AA+) ، at a fixed annual Return rate of 23 % to be paid after 4 months for the first coupon then will be paid every 3 months.
ISIN Code: EGB69561S714

According to the letter received from the MCDR on 30/03/2026 by the periodical partial redemption (installment no. 25) for the listed bonds of EFG Hermes Securitization The Third Issuance Tranche B February 2026 Fixed Return.
The total listed value of the bonds after the partial redemption becomes EGP 725,999.99 distributed over 2,328,700 bonds at a par value of EGP 0.31176. These modifications will be applied to EGX database effective 31/03/2026 trading session. This bond tranche has been locally rated by MERIS as (AA) ، at a fixed annual return rate of 17.95% to be paid after 4 months for the first coupon then will be paid every 3 months then will be paid monthly starting from the 14th month (April 2024).
ISIN Code: EGB69561S391

Dr. Islam Azzam, Chairman of the Financial Regulatory Authority (FRA), announced the launch of a series of broad meetings with stakeholders in non-banking financial activities, aimed at supporting market efficiency and strengthening its role in the national economy. The first meeting was held with representatives of insurance companies, members of the Egyptian Insurance Federation, in the presence of FRA leadership.

Dr. Azzam emphasized the Authority’s commitment to fostering community dialogue as an effective mechanism to enhance direct communication with all stakeholders, thereby supporting efforts to develop and grow markets, and creating an attractive and stimulating business environment.

He stressed the importance of listening to different perspectives and challenges facing the insurance sector, exploring ways to expand the market, increase insurance penetration, and enhance the sector’s contribution to GDP.

By the end of January 2026, total insurance premiums reached EGP 10.9 billion, of which property insurance accounted for EGP 7.3 billion. Total claims paid by insurance companies amounted to EGP 3.8 billion.

The meeting focused on three main pillars: addressing current challenges, listening to practical proposals from the market, and reaching realistic solutions to strengthen the sector’s ability to mobilize savings, invest in development projects, and provide insurance coverage to reduce financial burdens on citizens.

Key topics discussed included:

Implementation of executive decisions under the Unified Insurance Law No. 155 of 2024.

Expanding the use of InsurTech and financial technology to drive innovation and improve customer experience, supported by FRA’s Regulatory Sandbox.

Streamlining document approval processes to enhance efficiency and flexibility.

Strengthening local reinsurance capacity to retain more premiums within Egypt.

Applying governance rules issued by FRA (Decision No. 200 of 2025), including activating board committees such as audit, risk, investment, and remuneration.

Insurance company representatives expressed interest in expanding issuance of policies through InsurTech solutions, simplifying procedures, and reaching wider customer segments. They also presented proposals to improve reinsurance mechanisms and risk management, aiming to reduce premium leakage abroad and strengthen the sector’s stability.

Dr. Azzam reaffirmed FRA’s prioritization of the insurance sector, given its vital role in financial stability and protection for individuals and institutions. He stressed the importance of continued coordination with the Insurance Federation and all stakeholders to build trust, support market development, and align with international best practices.

Representatives of insurance companies expressed appreciation for FRA’s commitment to open dialogue and confirmed their support for efforts to develop the sector and enhance its ability to meet diverse societal needs.

Company Name : ARAB POLVARA SPINNING & WEAVING CO.
ISIN Code : EGS32331C018
Reuters Code : APSW.CA
Content :
Referring to the announcement published on 01/03/2026 concerning the case No. 41 of 18 postponed to the session of 30/03/2026 to submit the documents, a release was sent from the company concerning the postponed for the session of 29/04/2026.

Release from the Company (318 KB)

Source: Al-Mal

As part of its digital transformation and service development plan, the Egyptian Authority for Maritime Safety announced that it will launch seven new digital services starting in June. This comes within a strategy to automate all 50 of its services, aiming to simplify procedures and improve user experience.

The Authority explained that several digital services will be activated by the end of April, including issuing and renewing the seafarer’s passport for the “Assistant” profession. Other services under study include changing profession and issuing diving permits, which will undergo pilot testing in May before full rollout.

This was announced during the Authority’s monthly meeting chaired by Rear Admiral Dr. Ashraf Nabil El-Assal, Chairman of the Board, with staff at headquarters and branch managers via video conference, to monitor performance and strengthen institutional communication.

The meeting reviewed regional developments, particularly concerning the Strait of Hormuz, to raise staff awareness, stressing the importance of accuracy in information exchange and reliance on official sources.

It also addressed current economic conditions and their impacts, highlighting state efforts to balance economic reform with easing burdens on citizens through prudent fiscal policies and social protection programs targeting the most vulnerable.

In performance monitoring, the Authority presented practical models: handling negative practices according to legal procedures, while encouraging positive examples. It praised an employee’s innovation of an application designed to improve the work environment and institutional efficiency. The meeting also discussed staff needs at certain sites, including isolated lighthouses and the Halayeb and Shalateen branch, with immediate measures taken to improve conditions.

In recognition of staff, several retirees were honored, along with exemplary mothers and the distinguished employee of March, reinforcing a culture of excellence within the Authority.

The meeting concluded by emphasizing teamwork, adherence to regulations, and continued institutional development to ensure delivery of high-quality services.

As part of the Ministry of Petroleum and Mineral Resources’ strategy to open new horizons for investment and expand exploration areas, and following Minister Karim Badawi’s launch in November 2025 of the two-dimensional seismic survey project in the Southern Western Desert, adopting investor-friendly economic models in virgin geological basins, South Valley Egyptian Petroleum Holding Company, in cooperation with Saudi company Ardisiz, organized a workshop to market the new seismic survey project in the region.

The event was attended by Engineer Ashraf Bahaa, Chairman of South Valley Egyptian Petroleum Holding, Dr. Mohamed Radwan, Vice Chairman for Agreements and Exploration, Engineer Mohamed Al-Qahtani, Chief Corporate Affairs and Business Development Officer at Ardisiz, along with executives from both companies, heads of international and joint companies, exploration experts, and university professors.

Engineer Ashraf Bahaa opened the workshop, stressing the importance of cooperation with Ardisiz to implement this vital project according to the set timelines, contributing to new investment opportunities. He noted that the project covers more than 10% of Egypt’s area, including the West Assiut and Dakhla basins.

Engineer Mohamed Al-Qahtani highlighted the significance of the project, particularly with the use of land node technology for the first time in Egypt, enhancing data accuracy and quality.

Dr. Mohamed Radwan explained the importance of the workshop in showcasing the promising petroleum potential of the Southern Western Desert and attracting new investments. He noted that more than 5,300 km of two-dimensional seismic data will be collected, alongside the use of available geophysical data to build integrated geological models for a more precise understanding of petroleum system elements. He added that survey work in West Assiut has been completed with preliminary data processing, while seismic survey work continues in Dakhla.

The workshop included technical presentations by teams from South Valley and Ardisiz, featuring new data quality using land node technology, and a comprehensive review of petroleum system elements, including geological structures, well data, source rocks, and promising exploration opportunities.

At the conclusion, Dr. Radwan praised the participation of companies and called for strengthening joint efforts to capitalize on diverse investment opportunities offered by South Valley through Egypt’s Exploration and Production Gateway (EUG), using attractive economic models in virgin basins.

Engineer Randa El-Menshawy emphasized the importance of enhancing cooperation with real estate developers, considering them a key partner in implementing urban development plans.

Minister of Housing: “We are working to create an attractive and stable investment environment by developing work mechanisms, simplifying procedures, and achieving balance between the interests of the state, investors, and citizens.”

Members of the Real Estate Development Chamber expressed appreciation for the Ministry’s efforts in supporting the sector and its commitment to ongoing dialogue with developers.

Engineer Randa El-Menshawy, Minister of Housing, Utilities, and Urban Communities, held an expanded meeting with members of the Real Estate Development Chamber of the Federation of Egyptian Industries, chaired by Engineer Tarek Shoukry. The meeting discussed ways to strengthen cooperation, support the real estate development sector, and address current market challenges. It was attended by Dr. Walid Abbas, Deputy Minister of Housing for Urban Communities, along with officials from the Ministry and the New Urban Communities Authority.

The Minister stressed that Egypt attaches great importance to the real estate development sector as one of the main drivers of economic growth, given its direct link to many other industries and activities, as well as its role in creating jobs and supporting comprehensive urban development plans. She noted that the Ministry is working to create an attractive and stable investment environment by improving work mechanisms, simplifying procedures, and balancing the interests of the state, investors, and citizens.

El-Menshawy highlighted the importance of strengthening cooperation with developers and the private sector as a main partner in implementing urban development plans. She affirmed the Ministry’s commitment to listening to different perspectives and proposals, and to removing obstacles that developers may face, ensuring project continuity despite economic changes.

During the meeting, several developer proposals were reviewed, including facilitation measures and mechanisms for regulating the real estate market. The Minister directed that all suggestions discussed be studied carefully and appropriate decisions taken.

Members of the Real Estate Development Chamber also outlined challenges facing companies, while expressing appreciation for the Ministry’s support and its commitment to maintaining dialogue with developers.

At the conclusion of the meeting, the Minister confirmed that coordination and consultation with the Chamber will continue, stressing teamwork to face challenges. She emphasized that the current stage requires all stakeholders to work together to maintain market stability and achieve the state’s urban development goals.

Minister of Labor Hassan Raddad met with Professor Mohamed Lotfy, President of the British University in Egypt, at his office in the New Administrative Capital, in the presence of representatives from the Ministry’s information and vocational training departments. The Minister listened to a proposal presented by the University President regarding the implementation of a joint project aimed at supporting and preparing Egyptian youth for employment in the Italian labor market. The project would be carried out in cooperation with the European Union, Ain Shams University, and the Italian Agency for Development Cooperation.

The proposed project seeks to provide specialized training and qualification programs for young people, focusing on developing technical and language skills that align with the requirements of the Italian labor market, thereby opening new opportunities for qualified Egyptian workers.

The Minister also reviewed updates on the establishment of an integrated electronic platform for domestic and international employment. This platform aims to connect job seekers with labor market needs inside and outside Egypt, while facilitating recruitment and training procedures. The meeting outlined the platform’s features and development mechanisms, designed to provide accurate databases on Egyptian labor and enhance the efficiency of employment and vocational training services in line with evolving labor market needs.

During the meeting, the Minister emphasized the importance of strengthening partnerships with academic institutions and international organizations to support the state’s efforts in preparing trained human resources capable of competing in regional and global labor markets. He stressed that this would secure decent job opportunities for Egyptian youth and reinforce sustainable development plans.

With reference to the letter of the Ministry of Finance on 31/03/2026 regarding the Egyptian Treasury Bonds 01 July 2030 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.(4) for this bond is due on 01/07/2026, the price of the coupon is 24.9876%.
ISIN Code: EGBGR06361V9

With reference to the letter of the Ministry of Finance on 31/03/2026 regarding the Egyptian Treasury Bonds 01 April 2030 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 01/07/2026, the price of the coupon is 24.2793%.
ISIN Code: EGBGR06241V3

With reference to the letter of the Ministry of Finance on 31/03/2026 regarding the Egyptian Treasury Bonds 01 October 2029 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.(7) for this bond is due on 01/07/2026, the price of the coupon is 24.5155%.
ISIN Code: EGBGR05951V8

Company Name : Tenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda
ISIN Code : EGS381B1C015
Reuters Code : RMDA.CA
Content :
Release from the company regarding the company's financial results for the fiscal year ending 31/12/2025 in English

Release from the Company (856 KB)

Company Name : First Investment Company And Real Estate Development
ISIN Code : EGS65AL1C010
Reuters Code : FIRE.CA
Content :
Release regarding the disclosure form according to the Article 29 of EGX Listing Rules.
The Release (462 KB)

Company Name : First Investment Company And Real Estate Development
ISIN Code : EGS65AL1C010
Reuters Code : FIRE.CA
Content :
Release regarding the disclosure form according to the Article 29 of EGX Listing Rules.
The Release (373 KB)

Company Name : Tenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda
ISIN Code : EGS381B1C015
Reuters Code : RMDA.CA
Content :
Corporate Governance Report for the year ended on 31/12/2025.

Corporate Governance Report (6,314 KB)

Company Name : Naeem Holding
ISIN Code : EGS69182C011
Reuters Code : NAHO.CA
Content :
AGM minutes before certification
Assembly Date : 29/03/2026

AGM Minutes (before Certification) (2,787 KB)

Company Name : Cairo Educational Services
ISIN Code : EGS72201C014
Reuters Code : CAED.CA
Content :
AGM minutes after certification
Assembly Date : 28/12/2025

AGM Minutes (after Certification) (2,154 KB)

Issuer Name : Capital For Securitization 2nd Iss 11th Pro Tranche A Jan 27
ISIN Code : EGB69611S3B9
Reuters Code : EGBCPSC2P11A
Interest Type : Floating
Coupon Interest : 20.2%
Coupon Amount : EGP 1.3752778991
Coupon Number : 3
Coupon Date : 09/04/2026
Coupon Payment Date : 12/04/2026
Notes :
Bond redemption EGP 4.1709471954

The Egyptian Exchange disclosed the most notable data and disclosures from several companies during today’s session, March 31, 2026. Highlights include:

Orascom Construction PLC achieved consolidated net profits of USD 205.7 million in 2025, compared to USD 133.8 million in 2024.

Marseilia Egyptian Gulf Real Estate Investment reported consolidated net profits of EGP 105.1 million in 2025, versus losses of EGP 15.9 million in 2024.

Gourmia Egypt Dot Com Foods posted consolidated net profits of EGP 211.2 million in 2025, up from EGP 135 million in 2024.

Rameda Pharmaceuticals (10th of Ramadan for Pharmaceuticals and Diagnostic Preparations) recorded consolidated net profits of EGP 313.2 million in 2025, down from EGP 401.8 million in 2024.

Cairo Oils and Soap reported consolidated net losses of EGP 75.4 million in 2025, compared to net profits of EGP 132.1 million in 2024.

Arabian Cement announced a cash dividend of EGP 5.34 per share, payable starting April 16, 2026, with entitlement for buyers until April 9, 2026.

A block trading transaction was executed on Cairo Housing and Development shares, totaling 70 million shares worth EGP 68.6 million.

Next Bank achieved a record net profit of EGP 3.17 billion in 2025, reflecting 80% growth.

Major Economic News:

Prime Minister Mostafa Madbouly followed up on preparations for the current season of local wheat procurement, with the Ministers of Finance, Supply, and Agriculture present.

The Prime Minister reviewed the status of strategic commodity reserves, ensuring adequate stock levels.

He held roundtables with executives of global energy companies operating in Egypt during the EGYPS 2026 Conference, including BP, Chevron, Eni, and TotalEnergies.

Agreements and discussions focused on expanding exploration, production, and regional gas integration projects (e.g., linking Cyprus’s Aphrodite field to Egypt’s infrastructure).

Minister of Investment Mohamed Farid met with UK Special Representative for Climate Affairs Rachel Kyte to discuss green investments and renewable energy certificates.

Minister of Finance Ahmed Kouchouk emphasized that real estate tax facilities are an exceptional opportunity to simplify procedures and improve services.

Minister of Housing Randa El-Menshawy inspected progress on the presidential housing initiative “Housing for All Egyptians” in new cities.

Minister of Petroleum Karim Badawi met with United Energy Group and Schlumberger to discuss horizontal drilling, solar energy use, and expansion plans.

Egypt and Cyprus signed a key agreement to accelerate development of the Aphrodite gas field and connect it to Egypt.

South Valley Egyptian Petroleum Holding Company launched its first workshop to market new seismic survey areas in the Western Desert.

Minister of Transport Kamel El-Wazir met with Tanzania’s ambassador to strengthen maritime cooperation.

The Central Bank of Egypt confirmed activation of remote work mechanisms for banks on Sundays in April 2026, without affecting customer services.

The Financial Regulatory Authority (FRA) issued guidelines for non-banking financial institutions to apply remote work one day a week in April.

FRA Chairman Islam Azzam launched a series of meetings with non-banking financial sector representatives, starting with the Insurance Federation.

The Ministry of Agriculture held its annual workshop to evaluate summer crop results for 2025 and set a roadmap for 2026.

The Sustainable Development Center for Matrouh Resources hosted the Governor of Matrouh to review agricultural and water harvesting projects.

The Desert Research Center launched field days and advisory meetings in New Valley to support farmers under a Spanish-funded project.

Med Egypt Shipping Agency announced the start of Qatari shipping line services to Egyptian ports beginning April 2026.

Issuer Name : Capital For Securitization 2nd Iss 7th Pro Tranche H Aug 2026
ISIN Code : EGB69611S0D1
Reuters Code : EGBCPSC2P7HC
Interest Type : Floating
Coupon Interest : 25.5%
Coupon Amount : EGP 1.5719178083
Coupon Number : 19
Coupon Date : 06/04/2026
Coupon Payment Date : 07/04/2026
Notes :
Bond redemption EGP 14

Issuer Name : Capital For Securitization 1st Iss 14 Pro Oct 2026 FR
ISIN Code : EGB69611S2S5
Reuters Code : EGBCPSC1P14C
Interest Type : Fixed
Coupon Interest : 22%
Coupon Amount : EGP 0.899317104
Coupon Number : 6
Coupon Date : 02/04/2026
Coupon Payment Date : 05/04/2026
Notes :
Bond redemption EGP 12.2977176000

Issuer Name : Capital For Securitization 1st Iss 12th Pro Tranche D Jul 26
ISIN Code : EGB69611S1I8
Reuters Code : EGBCPSC1P12D
Interest Type : Fixed
Coupon Interest : 23.25%
Coupon Amount : EGP 1.4332191781
Coupon Number : 14
Coupon Date : 06/04/2026
Coupon Payment Date : 07/04/2026
Notes :
Bond redemption EGP 11.75

Issuer Name : Capital For Securitization 2nd Iss 11th Pro Tranche B Jan 28
ISIN Code : EGB69611S3C7
Reuters Code : EGBCPSC2P11B
Interest Type : Floating
Coupon Interest : 20.3%
Coupon Amount : EGP 1.7241095888
Coupon Number : 3
Coupon Date : 09/04/2026
Coupon Payment Date : 12/04/2026

The Media Center of the Red Sea Ports Authority announced today, Tuesday, March 31, 2026, that a total of 10 ships were docked at the Authority’s ports, with 23,000 tons of cargo, 1,154 trucks, and 101 cars handled. Imports included 9,000 tons of cargo, 656 trucks, and 75 cars, while exports comprised 14,000 tons of cargo, 498 trucks, and 26 cars.

Safaga Port today received the vessels POSEIDON EXPRE and Amal, while the ships Alcudia Express and Pan LiLi departed. Yesterday, the port received five ships (Alcudia Express, Pan LiLi, Oman, Al-Hurriya 2, and Al-Hurriya) and saw the departure of four ships (POSEIDON EXPRE, Wadi El-Karnak, Oman, and Amal).

At Nuweiba Port, 2,500 tons of cargo and 147 trucks were handled through shuttle trips of four vessels: New Aqaba, Al-Hussein, Sina, and Ayla.

The Authority’s ports also recorded the arrival and departure of 4,362 passengers.

Source: Youm7

The Engineering Export Council revealed exceptional performance of Egyptian engineering exports in February 2026, achieving the highest monthly value in the sector’s history—a clear indication of the significant rise in global competitiveness of Egyptian industry despite current global challenges.

According to the Council’s monthly report, export value rose by 37.6% to about $709.7 million in February 2026, compared to $515.8 million in February 2025, representing an unprecedented leap in this vital sector’s performance.

On a cumulative basis, engineering exports grew by 15.1% in the first two months of 2026, reaching $1.187 billion compared to about $1 billion in the same period of the previous year.

The Council attributed this remarkable success to strong performance in key sectors: metals grew by 77%, auto components by 43%, and electrical/electronic industries by 20.8%.

On the international markets front, engineering exports expanded across Europe in pivotal markets such as Hungary, Turkey, Germany, Italy, the Netherlands, France, Romania, Slovakia, the Czech Republic, and Slovenia.

Exports also grew in Arab markets including Libya, Sudan, Morocco, Lebanon, and Syria, alongside prominent Asian markets such as Qatar and Bahrain, and promising African markets including Kenya, South Africa, Côte d’Ivoire, Tanzania, Nigeria, Mauritius, Zimbabwe, and Central Africa.

This growth extended to other important markets such as the United States and Argentina, highlighting the diversity of Egypt’s export base and the wide global reach of Egyptian engineering products, according to Eng. Sherif El-Sayyad, Chairman of the Engineering Export Council.

He stressed that this strong performance reflects the sector’s significant progress, noting that the February surge is the result of Egyptian companies’ efforts to improve product quality, increase added value, and enhance competitiveness. He emphasized that this increase comes at a critical time given current regional circumstances.

El-Sayyad added that the Council continues to work on opening new markets and strengthening presence in existing ones, especially in Africa and Europe, with a focus on high-potential sectors such as auto components and electrical industries, contributing to the state’s goal of boosting industrial exports.

He explained that the coming period will see intensified Council programs and expanded trade missions, including a mission to Tunisia on April 6, 2026, an exhibition in the Netherlands on May 18, and missions to Brazil, Argentina, and Latin American countries under trade agreements, ensuring continued growth and higher export rates during 2026.

President Abdel Fattah El-Sisi today received Mr. John Christmann, CEO of Apache Corporation, in the presence of Prime Minister Dr. Mostafa Madbouly and Minister of Petroleum and Mineral Resources Engineer Karim Badawi. Also attending were Mr. Stephen Riney, President of Apache, and Mr. Greg McDaniel, Senior Vice President for International Assets.

The Presidential Spokesman stated that President El-Sisi welcomed the Apache delegation led by Mr. Christmann, participating in the “EGYPS 2026” Conference and Exhibition. The President praised the company’s work in Egypt and the long-standing historical partnership, stressing the importance of continuing the strategic cooperation between Egypt’s petroleum sector and Apache, particularly in light of the company’s ambitious expansion plans in exploration, oil and gas production, and improving efficiency in existing fields in the Western Desert. He emphasized Egypt’s commitment to overcoming any challenges facing the company’s operations and maximizing investment opportunities.

Ambassador Mohamed El-Shenawy, the Presidential Spokesman, noted that the meeting reviewed and followed up on Apache’s activities in Egypt and its plans to expand and increase its operations, continuing the fruitful cooperation in exploration and production to achieve optimal utilization of Egypt’s energy resources.

The Apache CEO expressed pride in the company’s longstanding partnership with Egypt’s petroleum sector, highlighting that Apache has been one of the largest oil and gas producers in Egypt for nearly three decades. He pointed out that the company’s total investments in Western Desert operations since 2021 reached about $5 billion, and that new investments are being injected into adjacent concession areas to maximize use of existing infrastructure as part of Apache’s ongoing expansion.

Minister of Petroleum Karim Badawi confirmed that Apache is the largest American investor in Egypt, praising its efforts to expand exploration activities in oil and gas despite global economic challenges. He emphasized that increased production by Khalda Petroleum (Apache’s joint venture) in gas and crude oil under Egypt’s attractive investment environment represents a success story that opens new horizons for greater resource exploration in the Western Desert.

The Presidential Spokesman added that President El-Sisi expressed his anticipation for Apache to continue growing and expanding in Egypt into new areas of operation and implementing its future plans, given the many opportunities for new discoveries. He reaffirmed Egypt’s commitment to settling all dues owed to foreign partners in the oil and gas sectors within the coming few months.

Company Name : Copper For Commercial Investment & Real Estate Development
ISIN Code : EGS65511C015
Reuters Code : COPR.CA
Content :
Release from the company regarding lawsuit No. 643 of the year 15 Q.
Release from the Company (68 KB)

Source: Al-Mal

The African Export-Import Bank (Afreximbank) announced its subscription of $2.5 billion within a $4 billion syndicated term loan for Dangote Refinery and Petrochemicals (DPRP).

Afreximbank and Access Bank were appointed as lead mandated arrangers for these 5-year facilities, which aim to consolidate existing financing, improve the capital structure, and align it with the refinery’s operational status and long-term growth plan.

This financing marks a milestone for the Dangote Refinery and Petrochemicals Complex, the largest refinery and petrochemical plant in Africa, with a production capacity of 650,000 barrels per day. The loan will strengthen the company’s balance sheet resilience, reinforce its financial position, and support the refinery as a strategic supplier of refined petroleum products to African and global markets.

Afreximbank’s $2.5 billion contribution represents the largest share in this syndicated loan, reflecting the bank’s leadership in mobilizing capital to support African manufacturing, promote import substitution, enhance intra-African trade in refined petroleum products, and bolster energy security.

Since the start of refining operations in February 2024, Afreximbank has supported the refinery with a $1 billion working capital facility, as well as acting as financial advisor in the “Naira-for-Crude” initiative, which enables crude oil purchases and refined product sales in local currency, reducing reliance on foreign exchange.

Speaking at a strategic session between Afreximbank’s Board of Directors and Dangote Group leadership in Cairo, Dr. George Elombi, Chairman of Afreximbank, said:
“We are proud to be the largest single financier of the Dangote Group, firstly because it is an African group. When we invest in ourselves, we not only create jobs, wealth, and increase government revenues, but also build a secure and solid future for our continent. That is why we are pleased to have invested about $15 billion in the Dangote Group since 2015.”

Dr. Elombi emphasized that investing in African institutions is the greatest reward, stressing that empowering them is essential for achieving self-sufficiency across the continent. He added:
“Afreximbank and its Board are fully prepared to support the ambitions of the Dangote Group, because building our institutions and providing the necessary support for their growth means we will no longer need to seek rescue in times of crisis.”

This financing reflects Afreximbank’s commitment to supporting local industrial transformation projects that reshape Africa’s economic future. The Dangote Refinery exemplifies what African ambitions can achieve when combined with African capital and large-scale execution. It not only expands refining capacity but also strengthens energy security, reduces import dependence, and opens new horizons for intra-African trade and industrial development.

Aliko Dangote, Chairman and CEO of Dangote Group, said:
“This financing represents an important step in strengthening the financial foundation of the Dangote Refinery and Petrochemicals, placing our business in a strong position for the next phase of growth. We value Afreximbank’s continued support and confidence in our vision to build world-class industrial capacity serving Nigeria, Africa, and global markets.”

The syndicated loan attracted wide interest from a group of African and international financial institutions, reflecting continued confidence in the Dangote Refinery as a transformative industrial asset and in Africa’s broader industrialization agenda.

Source: Al-Mal

Next Bank announced an unprecedented net profit of EGP 3.17 billion during 2025, achieving a strong annual growth rate of 80%, reflecting the strength and stability of the bank’s financial performance.

This was driven by a 29% increase in net interest income, reaching EGP 5.03 billion, and a 51% rise in operating profit, which amounted to EGP 7.44 billion, supported by significant expansion in the lending portfolio and improved asset utilization efficiency.

The lending portfolio before provisions grew by 58% to EGP 51.31 billion, with corporate and institutional loans rising to EGP 33.39 billion and retail loans to EGP 17.92 billion.

The bank maintained a capital adequacy ratio of 22.02%, while increasing issued and paid-up capital to EGP 9.9 billion after issuing new shares to existing shareholders.

Customer deposits rose by 17% to EGP 79.9 billion, total assets reached EGP 100.74 billion by year-end (up 27% compared to 2024), and equity increased by 87% to EGP 15.4 billion.

CEO Tamer Seif El-Din said the results reflect “the determination of the team, customer trust, and a well-studied expansion strategy,” emphasizing that growth was not limited to financial indicators but also included expanding the customer base, improving operational efficiency, and enhancing banking innovation.

The bank strengthened its digital transformation efforts and upgraded its technological infrastructure, expanding its credit card portfolio by 85% and increasing spending through cards by 246%. It also developed competitive savings and financing products and launched card services for corporates and premium clients.

In the field of sustainable finance and financial inclusion, total sustainable financing reached EGP 3.62 billion, covering renewable energy projects and social financing to support SMEs, alongside expanding the mortgage portfolio to EGP 3.085 billion (71% growth).

The bank also achieved notable success in corporate social responsibility, supporting health, education, empowering people with disabilities and youth, and forming strategic partnerships with local and international institutions to promote sustainable development. It received several international awards, including fastest-growing credit card portfolio and best syndicated financing in Africa.

Founded in 1974, Next Bank is one of the leading banks providing banking solutions for individuals and companies, with a network of 36 branches and updated ATMs across Egypt. It continues to pursue strategies for sustainable growth, digital transformation, and banking innovation.

In an open dialogue with leaders and representatives of real estate tax offices, Minister of Finance Ahmed Kouchouk stated:

“Real estate tax facilities are an exceptional opportunity to simplify procedures and evolve for the better.”

“Accurate and proper application of these facilities is essential to achieve simplification and create a positive impression among citizens.”

“Job satisfaction is closely linked to the satisfaction of the people we serve.”

“I want real estate taxes to become a new success story, with easy and distinguished electronic services for citizens.”

“What has been achieved in tax facilities has doubled our ambitions, and the future will be better—through partnership with taxpayers and citizens.”

The Minister emphasized to tax officials: “We work for the people, and they must feel tangible improvement in service quality. Make things easier for citizens; they should know clearly what they owe and what they are entitled to.”

He explained that the new real estate tax facilities are a unique chance to simplify procedures, stressing the need for precise implementation to ensure ease and efficiency, and to foster positive public perception. He added that job satisfaction is fundamentally tied to the satisfaction of citizens.

Kouchouk expressed his aspiration for real estate taxes to become a success story, supported by streamlined electronic services. He noted that recent tax facilities have raised ambitions and that upcoming steps will be even better, in partnership with taxpayers and citizens.

The Minister highlighted priorities such as expanding the tax base, improving services, encouraging voluntary compliance, and thereby doubling revenues. He urged officials not to create problems for citizens but to help them overcome challenges.

He announced that a mobile application will be launched in mid-April to provide all real estate tax services electronically—from registration to payment.

Ahmed El-Sadeq, Head of the Real Estate Tax Authority, confirmed the genuine desire to develop and ease procedures for citizens, pledging efforts to turn the facilities into a tangible and motivating reality. He stated that the exemption threshold for primary private housing will be raised to 8 million Egyptian pounds, and that late payment penalties will never exceed the principal tax debt. He added that no tax will be due if a property collapses or cannot be used due to unforeseen circumstances.

For the first time, tax debt and late payment penalties will be waived in cases of necessity. Taxpayers will be allowed to submit a single declaration, either on paper or electronically, even if they own multiple properties across different tax jurisdictions.

He also announced a tax incentive for compliant taxpayers: a 25% discount on private housing tax and 10% for non-residential properties, along with the option to pay in installments via electronic payment methods.

Khaled Abdel Ghani, CEO of “E-Tax,” confirmed that the mobile application will be a major turning point in facilitating real estate tax services, stressing readiness to provide technical support to advance the facilities for the benefit of citizens and employees alike.

The Minister of Investment and Foreign Trade discussed with the UK’s Special Representative for Climate Affairs strengthening green investments and activating the renewable energy certificates platform.

Dr. Mohamed Farid stated:

Work is underway to connect the local market with global financial centers and enhance technical capacity-building programs.

Establishing fair standards to measure the carbon footprint of energy-intensive products is essential to preserve the competitiveness of Egyptian products.

The two sides explored ways to provide concessional financing to support industrial transformation toward the use of green hydrogen and clean technologies.

Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade, met with Dr. Rachel Kyte, the UK’s Special Representative for Climate Affairs, in an expanded meeting that addressed strengthening bilateral cooperation in sustainable investment and clean energy, as well as reviewing Egypt’s efforts to transition toward a green economy, in preparation for the ministerial launch of the Egypt–UK Green Growth Partnership in May.

The meeting highlighted the importance of clear and stable regulatory frameworks and government policies to enable governments and international investors to evaluate investment opportunities and integrate them efficiently into their business models. The Minister emphasized that the market has natural mechanisms for correction and growth when supported by an appropriate legislative and regulatory environment, stressing the importance of coordination between fiscal, monetary, and investment policies to build confidence and attract foreign direct investment flows, alongside activating the capital market as a key driver of sustainable financing.

The two sides also discussed mechanisms to activate Egypt’s first voluntary carbon market, ways to connect the local market with global financial centers, and the renewable energy certificates file.

The Minister reviewed Egypt’s efforts to establish a unified national registry for climate projects, supporting the development of environmental certification systems such as carbon credits and international renewable energy certificates (I-RECs), which help reduce companies’ operating costs.

The meeting also addressed setting fair standards to measure the carbon footprint of energy-intensive products, ensuring compliance with international standards and maintaining the competitiveness of Egyptian exports, particularly in light of the European Carbon Border Adjustment Mechanism.

In the context of supporting the investment climate, the meeting discussed overcoming challenges facing project developers, the importance of unified central databases for developers, enhancing technical capacity-building programs, and developing project evaluation mechanisms, while reviewing investment opportunities in promising sectors.

The two sides also explored ways to provide concessional financing to support industrial transformation toward green hydrogen and clean technologies. The Minister stressed that structural reform efforts include improving institutional efficiency, digitizing services, and addressing the social dimension by training workers for green economy jobs, thereby achieving inclusive and sustainable economic growth.

Dr. Mostafa Madbouly, Prime Minister, held a meeting at the government headquarters in the New Administrative Capital to follow up on the procedures for implementing the presidential directives to offer housing units on a rental basis to citizens. The meeting was attended by Dr. Maya Morsy, Minister of Social Solidarity; Engineer Randa El-Menshawy, Minister of Housing, Utilities, and Urban Communities; Dr. Ibrahim Saber, Governor of Cairo; Engineer Khaled Seddik, Assistant Minister of Housing supervising the Minister’s Office; Ms. Mai Abdel Hamid, CEO of the Social Housing and Mortgage Finance Support Fund; Dr. Ahmed Saada, Executive Director of the Project Support Fund; and several officials.

The Prime Minister began the meeting by referring to the directives issued by President Abdel Fattah El-Sisi regarding the offering of housing units for citizens on a monthly rental basis. He noted that this initiative will help meet the demands of many citizens across the country for housing units that match their financial capabilities, and that it also falls within the framework of the state’s social protection programs.

During the meeting, the Minister of Housing reviewed the measures and steps taken to implement the presidential directives, noting that a comprehensive executive plan is being prepared to establish a large number of housing units to be offered for rent to targeted groups of citizens. This plan includes the financing model, mechanisms for offering and managing the units, the implementation timeline, precise identification of target groups, and the regulations and procedures to ensure that these groups obtain the housing units.

She highlighted the ongoing cooperation and coordination with several relevant entities to quickly finalize this comprehensive plan, in line with the President’s directives to provide rental housing units for citizens, thereby ensuring suitable housing for different segments of society.

Engineer Randa El-Menshawy presented updates on the executive status of rental housing units through both the Social Housing and Mortgage Finance Support Fund and the New Urban Communities Authority. She also referred to the situation regarding rental housing units for tenants of old rent contracts under the “alternative housing” program, and the requests submitted by citizens under the old rent law to obtain alternative housing units.

The Minister also discussed the proposed rental housing units in several governorates, presenting the spatial distribution of completed units and others under construction, as well as alternative financial models and proposed monthly rental values during the rental period.

Governor of Cairo, Dr. Ibrahim Saber, presented a detailed report on the total number of housing units available across the governorate for implementation of the rental system, identifying the target groups among residents, and reviewing lands that could be used for rental housing projects.

He noted that the available housing units are distributed across cities such as Rawdat El-Obour, 10th of Ramadan, and Zahret El-Amal in City of Hope, with units varying in size between two-bedroom and three-bedroom apartments to meet the needs of different social groups. He also pointed to available lands in Helwan and El-Maasara for new rental housing projects, presenting several proposals along with the master plan and architectural design, which define the number of floors, housing units, and services to be provided in each project.

At the conclusion of the meeting, the Prime Minister directed the swift completion of the comprehensive executive plan for offering rental housing units to citizens, in preparation for presenting it to President Abdel Fattah El-Sisi. The plan will include the proposed number of units, their locations across governorates, as well as the eligibility conditions and payment mechanisms.

Dr. Hani Sweilem participates in the closing ceremony of the “Water Resilience Project” at the British Embassy.

Dr. Sweilem:

The “Water Resilience Project” showcases how partnerships, innovation, and community participation can effectively address challenges of water scarcity and climate change.

Project activities align with the Ministry’s “Water System 2.0 – Second Generation” strategy.

Accelerating development and climate change impacts are placing growing pressure on global water resources.

There is a strong link between water security and food security, adding further burdens on countries striving to meet their citizens’ basic needs.

Professor Dr. Hani Sweilem, Minister of Water Resources and Irrigation, took part in the closing ceremony and roundtable meeting of the “Water Resilience Project,” held at the British Embassy in Cairo.

In his speech, Dr. Sweilem greeted Ms. Rachel Kyte, the UK’s Special Representative for Climate Affairs, and Ms. Catherine Carr, Deputy British Ambassador in Cairo. He noted that the “Water Resilience Project” is a distinguished initiative that demonstrates how partnerships, innovation, and community participation can play an effective role in tackling the growing challenges of water scarcity and climate change.

Dr. Sweilem praised the achievements of the project, which provided integrated models to enhance adaptation to water challenges. The project was implemented in Ezbet El-Hamra, Beheira Governorate, introducing modern irrigation systems powered by solar energy, forming water user associations, applying laser land leveling, implementing nature-based solutions to address soil salinity, supporting 136 families, training about 500 participants, and empowering women through agricultural manufacturing activities.

He explained that these activities directly align with the Ministry’s “Water System 2.0 – Second Generation” strategy, which focuses on improving water-use efficiency, strengthening governance through water user associations, and integrating climate adaptation and mitigation measures into water management practices. He emphasized the importance of expanding such successful models.

Dr. Sweilem pointed out that the world is witnessing accelerated development and increasing climate change impacts, which impose growing pressures on global water resources and have reduced per capita water availability. He stressed the close link between water and food security, which adds further burdens on countries striving to meet basic needs.

He highlighted Egypt’s position at the heart of these intertwined challenges, being one of the driest countries in the world and relying almost entirely on the Nile River, which provides about 98% of its renewable water resources. More than 75% of these resources are directed to agriculture to secure food for the population, while this sector provides livelihoods for more than half of Egyptians. He added that Egypt’s per capita water share is now approaching the level of absolute scarcity, at about 500 cubic meters annually—half the global water scarcity threshold—with challenges intensifying under climate change impacts both within Egypt and across the Nile Basin, especially as Egypt is a downstream country.

Dr. Sweilem also referred to the growing cooperation between Egypt and the United Kingdom through the “Egypt–UK Green Growth Partnership,” which represents a cornerstone for strengthening bilateral relations, building on the outcomes of COP26 and COP27, and supporting a joint green growth action plan. This partnership provides a platform for ongoing dialogue through the annual “Green Growth Dialogue,” held alternately between the two countries, and supports the exchange of expertise in climate change and vital sectors such as water, food, and energy within the NWFE program. He emphasized the importance of enhancing cooperation between the private sectors of both countries.

Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, met with Mr. Olivier Le Peuch, CEO of SLB (Schlumberger) Global, on the sidelines of the Egypt Energy Conference and Exhibition “EGYPS 2026.” The meeting was attended by Engineer Sherif Bayoumi, Director of SLB in Egypt and the Eastern Mediterranean, along with senior officials from the Ministry.

During the meeting, both sides reviewed ways to strengthen cooperation in applying horizontal drilling techniques in Egypt. This approach helps drill wells targeting petroleum and gas resources that are difficult to exploit using traditional methods. They also discussed expanding the use of modern technological solutions and artificial intelligence applications in exploration and production activities.

The Minister expressed his appreciation for the distinguished cooperation and partnership with the global company, affirming efforts to develop new contractual models and provide investment incentives that align with the expansion of horizontal drilling technologies and encourage their use. He highlighted the importance of benefiting from the company’s expertise and studies in this field, praising the work already carried out in cooperation with SLB in the Red Sea region, particularly in seismic surveying.

For his part, the CEO of SLB emphasized the importance of employing modern technologies and integrated solutions, including artificial intelligence applications, to support the efficiency of exploration and production activities in Egypt. He noted that this contributes to addressing the natural decline in production and reducing operating costs.