Market News
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Periodic Partial Redemption for the Listed Bonds of Tamweel Securitization The First Issue-First Program Tranche C December 2026
Sunday 01/03/202613:01:53 PMRead morePeriodic Partial Redemption for the Listed Bonds of Tamweel Securitization The First Issue-First Program Tranche C December 2026
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 14) for the listed bonds of Tamweel Securitization The First Issue-First Program Tranche C December 2026.
The total listed value of the bonds after the partial redemption becomes EGP 48,300,000.00 distributed over 966,000 bonds at a par value of EGP 50.00000. These modifications will be applied to EGX database effective 01/03/2026 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 1.10 % to be paid monthly.
ISIN Code: EGB69781S031
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The Third Issuance - Eighth Program Tranche B June 2026 F.R
Sunday 01/03/202612:55:57 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The Third Issuance - Eighth Program Tranche B June 2026 F.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 7) 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 194,786,422.99 distributed over 3,008,000 bonds at a par value of EGP 64.75612. These modifications will be applied to EGX database effective 01/03/2026 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
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The Third Issuance - Eighth Program Tranche A April 2026 F.R
Sunday 01/03/202612:48:05 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The Third Issuance - Eighth Program Tranche A April 2026 F.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 7) 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 134,545,692.00 distributed over 5,586,000 bonds at a par value of EGP 24.08623. These modifications will be applied to EGX database effective 01/03/2026 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
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The Second Issuance - Ninth Program Tranche A November 2026 F.R
Sunday 01/03/202612:44:59 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The Second Issuance - Ninth Program Tranche A November 2026 F.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 2) 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 232,000,000.00 distributed over 3,900,000 bonds at a par value of EGP 59.48717. These modifications will be applied to EGX database effective 01/03/2026 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
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The Second Issuance - Tenth Program Tranche A June 2026 F.R
Sunday 01/03/202612:42:01 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The Second Issuance - Tenth Program Tranche A June 2026 F.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 1) for the listed bonds of Capital For Securitization The Second Issuance - Tenth Program Tranche A June 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 142,439,999.99 distributed over 1,730,000 bonds at a par value of EGP 82.33526. These modifications will be applied to EGX database effective 01/03/2026 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 Second Month Of The Issuance.
ISIN Code: EGB69611S3J2
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The First Issuance - The Tenth Program Tranche C August 2026 V.R
Sunday 01/03/202612:39:11 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The First Issuance - The Tenth Program Tranche C August 2026 V.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 6) for the listed bonds of Capital For Securitization The First Issuance - The Tenth Program Tranche C August 2026 V.R.
The total listed value of the bonds after the partial redemption becomes EGP 72,386,302.37 distributed over 920,000 bonds at a par value of EGP 78.68076. These modifications will be applied to EGX database effective 01/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A-) ، at a variable annual Return rate equal to the Lending Rate announced by the Central Bank + Margin 1 % to be paid monthly Starting from the Second Month of The Issuance (Maximum of 31.25% and Minimum of 25.25%).
ISIN Code: EGB69611S1A5
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The Third Issuance - Fourth Program Tranche D April 2026 V.R
Sunday 01/03/202612:36:21 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The Third Issuance - Fourth Program Tranche D April 2026 V.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 4) for the listed bonds of Capital For Securitization The Third Issuance - Fourth Program Tranche D April 2026 V.R.
The total listed value of the bonds after the partial redemption becomes EGP 293,755,000.00 distributed over 7,630,000 bonds at a par value of EGP 38.50000. These modifications will be applied to EGX database effective 01/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A-) ، at a variable annual Return rate equal to the Lending Rate announced by the Central Bank + Margin 1 % to be paid monthly starting from the month Following the Month of the Issuance (Maximum of 31.25% and Minimum of 25.25%).
ISIN Code: EGB69611S0M2
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The Second Issuance - Fourth Program Tranche H May 2026 V.R
Sunday 01/03/202612:32:46 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The Second Issuance - Fourth Program Tranche H May 2026 V.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 4) for the listed bonds of Capital For Securitization The Second Issuance - Fourth Program Tranche H May 2026 V.R.
The total listed value of the bonds after the partial redemption becomes EGP 113,460,000.00 distributed over 3,660,000 bonds at a par value of EGP 31.00000. These modifications will be applied to EGX database effective 01/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A-) ، at a variable annual Return rate equal to the Lending & Discount Rate announced by the Central Bank + Margin 1.25 % to be paid monthly (Maximum of 31.5% and Minimum of 27.5%).
ISIN Code: EGB69611S881
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The First Issuance - Fourth Program Tranche W December 2026 F.R
Sunday 01/03/202612:30:04 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The First Issuance - Fourth Program Tranche W December 2026 F.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 2) 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 193,482,240.00 distributed over 2,303,360 bonds at a par value of EGP 84.00000. These modifications will be applied to EGX database effective 01/03/2026 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
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ESCWA Anticipates Arab Economic Growth of 3.7 Percent During 2026
Sunday 01/03/202612:26:46 PMRead moreESCWA Anticipates Arab Economic Growth of 3.7 Percent During 2026
(ONA) —
The United Nations Economic and Social Commission for Western Asia (ESCWA) has forecast a gradual resurgence for the Arab economy during 2026, with the growth rate ascending to 3.7 percent, compared to 2.9 percent in the previous year.
The report issued today by the UN Commission, entitled "Macroeconomic Projections for the Arab Region," elucidated that this improvement materializes notwithstanding escalating geopolitical tensions and the persistence of global financial pressures. It indicated a likely decline in the regional inflation rate to 5.4 percent by the year 2027, propelled by the stabilization of supply chains and the expansion of non-oil sectors.
The report noted a disparity in growth indicators among Arab states; it is anticipated that high-income nations will register growth of 4.2 percent, while middle-income countries are projected to achieve growth of 3.3 percent. Conversely, low-income nations confront acute financial and humanitarian strains, with expectations of only a limited recovery over the forthcoming two years.
In the occupied Palestinian territories, the report cast a stark light upon the magnitude of the humanitarian catastrophe in the Gaza Strip as a consequence of the ongoing Israeli aggression, estimating the cost of reconstruction at USD 70 billion, amidst devastation that has afflicted 78 percent of buildings, alongside grievous human and material losses.
In its conclusion, ESCWA urged Arab states to accelerate digital transformation, invest in human capital, and diminish reliance on hydrocarbons. It further called for the alignment of investments with national priorities to fortify economic stability and engender sustainable employment opportunities. -
Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The Fifth Issuance - Second Program Tranche D August 2026 F.R
Sunday 01/03/202612:26:43 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The Fifth Issuance - Second Program Tranche D August 2026 F.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 16) 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 160,580,000.00 distributed over 10,360,000 bonds at a par value of EGP 15.50000. These modifications will be applied to EGX database effective 01/03/2026 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
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MSX Drops 104 Points
Sunday 01/03/202612:25:15 PMRead moreMSX Drops 104 Points
(ONA) -
The Muscat Stock Exchange "30" index concluded today's trading session at 7,288.56 points, dropping 104.8 points, which constitutes a decline by 1.42 percent from the previous close of 7,393.37 points.
Trading value soared to RO 45,140,153, marking a 48.3 percent decrease compared to the prior session's RO 87,262,662.
Market capitalization went down by 0.547 percent relative to the last trading day, reaching approximately RO 36.08 billion, according to the official report issued by the MSX.
Non-Omani investors recorded purchases totaling RO 4,695,000, constituting 10.40 percent of overall trading activity, while sales by non-Omani investors amounted to RO 8,689,000, representing 19.25 percent. Net non-Omani investment registered a decline of RO 3,994,000, or 8.85 percent.
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The Third Issuance - The Twelveth Program Tranche A March 2026 F.R
Sunday 01/03/202612:23:11 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The Third Issuance - The Twelveth Program Tranche A March 2026 F.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 5) for the listed bonds of Capital For Securitization The Third Issuance - The Twelveth Program Tranche A March 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 261,170,000.00 distributed over 6,370,000 bonds at a par value of EGP 41.00000. These modifications will be applied to EGX database effective 01/03/2026 trading session. This bond tranche has been locally rated by MERIS as (P1) ، at a fixed annual Return rate of 22.40 % to be paid monthly.
ISIN Code: EGB69611S2N6
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Ministry of Commerce and Industry Continues Regulatory Campaigns to Ensure Market, Supply Stability
Sunday 01/03/202612:22:57 PMRead moreMinistry of Commerce and Industry Continues Regulatory Campaigns to Ensure Market, Supply Stability
(QNA) -
The Ministry of Commerce and Industry affirmed that its field inspection teams continue to conduct intensive inspection campaigns at retail outlets and markets to monitor supply conditions and ensure that suppliers are committed to providing essential goods, in addition to detecting any violations and taking immediate legal action against them.
In a statement issued today, the ministry said that coordination has been made with retail outlets to open 33 major branches around the clock across various regions of the country, with the aim of enhancing the availability of goods and facilitating consumers’ access to their needs with ease and convenience.
The statement added that this comes as part of the ministry’s ongoing efforts to strengthen market stability, ensure the smooth flow of supply chains, and confirm the availability of goods and products in sufficient quantities at all retail outlets across the country, in a manner that meets consumer needs and reinforces market stability while maintaining the regular and uninterrupted flow of goods.
The ministry also emphasized the continuation of its efforts to ensure the availability of diverse, high-quality goods, calling on consumers to report any violations or irregularities through its official communication channels -
QNB Projects Global Trade to Grow by Over 4 Percent.
Sunday 01/03/202612:21:16 PMRead moreQNB Projects Global Trade to Grow by Over 4 Percent.
(QNA) -
Qatar National Bank (QNB) expected global trade to continue growing above its long-term average of 4 percent, supported by a new cycle of investment in artificial intelligence around the world.
In its weekly commentary, QNB said that the year 2025 delivered an apparent contradiction at the heart of the global economy. On the one hand, global trade volumes surprised to the upside, expanding at around 16 percent, well above the 4 percent long-term average and materially outpacing global GDP growth of 3 percent. On the other hand, the world’s largest economy implemented the most aggressive tariff increases seen in decades, culminating in the sweeping "Liberation Day" measures announced by the US in April.
At face value, these two developments appear irreconcilable. Conventional trade theory would suggest that sharply higher tariffs, particularly when imposed by a systemically important importer like the US, should weigh heavily on global trade flows. Yet reality proved more complex.
In previous commentaries published after Liberation Day, QNB argued that global economic integration was unlikely to be reversed, despite the magnitude of the US tariff shock. Subsequent data have reinforced this view. Rather than collapsing, global trade accelerated through 2025, forcing a reassessment of how tariffs can interact with modern supply chains, corporate behaviour, and other macro-financial drivers. Four factors help explain why trade proved far more resilient than headline policy signals would suggest.
First, the threat of tariffs triggered a powerful front-loading cycle, particularly in the US. Well before the full implementation of the new tariff regime, US importers moved aggressively to pull forward shipments in order to lock in lower duty rates. This behaviour is visible across customs data, inventory accumulation, and port activity. US goods imports surged in late 2024 and early 2025, especially in tariff-exposed categories such as machinery, electronics, and intermediate manufacturing inputs. Import growth temporarily decoupled from domestic demand, reflecting precautionary stockpiling rather than end-use consumption.
This pattern is not unprecedented. Similar front loading dynamics were observed during the 2018-19 US-China trade war, when tariff announcements consistently led to short-term spikes in bilateral trade flows ahead of implementation deadlines. In 2025, however, the scale was larger and more geographically diversified, as firms sought to hedge against not only higher tariffs but also uncertainty around exemptions, retaliatory measures, and future policy escalations. Ironically, this defensive behaviour boosted measured global trade volumes, masking the longer-term drag that higher tariffs may yet impose.
Second, effective tariff burdens were materially lower than headline rates imply, reflecting exemptions, delays, and corporate adaptation. Statutory US tariff rates rose sharply following Liberation Day with an announced tariff rate at around 14.8 percent. However, the effectively charged tariff revenues point to a significantly lower burden closer to 11 percent. A wide array of product-level exemptions, phased implementation schedules, bilateral carve-outs, and discretionary waivers diluted the immediate impact on trade costs. In practice, the gap between announced tariffs and collected duties widened, underscoring the political and administrative constraints of enforcing sweeping protectionist measures in a highly interconnected economy.
Equally important, multinational firms proved adept at mitigating tariff exposure. Modern global supply chains are flexible by design. Firms reconfigured sourcing, rerouted shipments through third countries, adjusted product classifications, or absorbed costs through internal pricing strategies. Jurisdictional arbitrage, transfer pricing, and intra-firm trade further reduced the pass-through of tariffs into final prices and volumes. The result was a far smaller disruption to global trade flows than policymakers had anticipated, highlighting the limited effectiveness of tariffs as a tool in a world of fragmented production networks.
Third, the acceleration of the global AI investment cycle generated an unusually strong impulse to trade. The rapid scaling of data centres, semiconductor fabrication, advanced electronics, and supporting infrastructure triggered a surge in cross-border flows of capital goods, intermediate inputs, and high-value components. Unlike traditional consumer-led trade cycles, AI-related investment is highly import-intensive and globally fragmented, relying on specialised suppliers across continents. Taiwanese exports, for example, which are at the crux of AI capex due to its position as an advanced chip manufacturer, surged more than 34 percent since the new capex cycle started in 2024. As a result, the AI capex boom acted as a powerful, tariff-insensitive driver of trade volumes, reinforcing exports from technologically sophisticated manufacturing hubs even as headline protectionism intensified.
Fourth, supportive macro-financial conditions, such as notable USD depreciation, provided a powerful offset to trade policy headwinds. A broad-based depreciation of nearly 10 percent for the USD in 2025 improved external competitiveness across a wide range of exporting economies, particularly those who’s monetary and FX policies are anchored by the USD, such as many Eastern Asian emerging economies. As their local currencies either appreciated modestly or remained tightly managed against the USD, exporters benefited from improved pricing power in global markets.
All in all, the experience of 2025 underscores a critical lesson: the paradox of strong global trade growth alongside sharply higher US tariffs reflects front-loading behaviour, lower effective tariff burdens, high AI-related capex and supportive USD depreciation, rather than a genuine revival of protectionist effectiveness. Moving forward, trade growth should slow down as the effects of frontloading fade and the USD stabilizes. However, a new global investment cycle centered around AI should favour continues trade growth above the 4 percent long-term average -
MOCI Confirms Availability of Goods, Market Stability, Continuation of Inspection Rounds
Sunday 01/03/202612:19:17 PMRead moreMOCI Confirms Availability of Goods, Market Stability, Continuation of Inspection Rounds
(QNA) -
The Ministry of Commerce and Industry (MOCI) confirmed the abundant availability of goods and products at all sales outlets across the country, ensuring that consumer needs are met, market stability is maintained, and the flow of goods continues in a normal and regular manner.
The Ministry stated in a press release Saturday that field inspection teams continue to carry out intensive inspection rounds at sales outlets and markets to monitor supply conditions, ensure that providers comply with the availability of essential goods, maintain price stability, and detect any violations, taking the necessary legal measures against them.
Coordination has also been made with sales outlets to operate 22 major branches around the clock across different areas of the country, ensuring the reinforcement of goods availability and facilitating consumers' access to their needs with ease.
The Ministry reiterated its continuous commitment to providing a variety of high-quality options and encouraged consumers to report any observations or violations through official channels, affirming its dedication to protecting consumers and maintaining market stability -
Germany's Annual Inflation Rate Falls to 1.9 Percent in February
Sunday 01/03/202612:18:44 PMRead moreGermany's Annual Inflation Rate Falls to 1.9 Percent in February
(QNA) -
Germany's annual inflation rate fell to 1.9 percent in February, compared to 2.1 percent in the previous month.
The German Federal Statistical Office stated in a press release Friday that the country's annual inflation rate reached 1.9 percent this month, according to the preliminary estimate of the Consumer Price Index (CPI), compared to 2.1 percent in January.
The statement also noted that the CPI rose by 0.2 percent month-on-month compared to January 2026, reflecting a slight increase in the overall price level.
The statement further indicated that core inflation, which excludes energy and food prices to measure underlying inflation trends, reached 2.5 percent year-on-year.
This suggests continued underlying price pressures in some sectors despite the overall decline. Meanwhile, the Harmonized Index of European Consumer Prices (HICP), used for comparisons within the Eurozone and for monetary policy purposes, recorded an annual increase of 2 percent and a monthly increase of 0.3 percent.
The Federal Statistical Office indicated that these figures represent preliminary estimates based on data from the federal states, with final, detailed results to be released in the coming days. -
East Port Said welcomes one of largest dry bulk carriers
Sunday 01/03/202612:17:06 PMRead moreEast Port Said welcomes one of largest dry bulk carriers
egyptian-gazette-
The Suez Canal Economic Zone announced on Thursday the arrival of the vessel MATHILE OLDENDORFF at East Port Said, docking at the Sky Ports multipurpose terminal inaugurated in November 2025. The ship, carrying around 165,000 tons of iron ore from Brazil, is the third-largest dry bulk vessel to call at the port since bulk cargo operations began.
At 300 metres long, 50 metres wide, and with a draft of 16.1 meters, the vessel’s entry highlights the port’s robust infrastructure and readiness to handle mega carriers. The event underscores East Port Said’s growing reputation among global shipping lines and its ability to accommodate high-capacity vessels under international operational standards.
Officials noted that the successful handling of such a massive shipment strengthens the port’s competitive position as a hub for dry bulk trade, supporting regional and international commerce. It also reflects the broader strategy of the Suez Canal Economic Zone to enhance efficiency and align its ports with global benchmarks.
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Periodic Partial Redemption for the Listed Bonds of Capital For Securitization The Fourth Issuance - The Twelveth Program Tranche A December 2026 F.R
Sunday 01/03/202612:16:11 PMRead morePeriodic Partial Redemption for the Listed Bonds of Capital For Securitization The Fourth Issuance - The Twelveth Program Tranche A December 2026 F.R
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 2) for the listed bonds of Capital For Securitization The Fourth Issuance - The Twelveth Program Tranche A December 2026 F.R.
The total listed value of the bonds after the partial redemption becomes EGP 1,734,300,000.00 distributed over 18,450,000 bonds at a par value of EGP 94.00000. These modifications will be applied to EGX database effective 01/03/2026 trading session. This bond tranche has been locally rated by MERISas (P1) ، at a fixed annual Return rate of 21 % to be paid monthly starting from the First month of the Issuance.
ISIN Code: EGB69611S2Z0
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Periodic Partial Redemption for the Listed Bonds of AL Rehab For Securitization The Twelvth Issuance Tranche C July 2029 Variable Return
Sunday 01/03/202612:13:34 PMRead morePeriodic Partial Redemption for the Listed Bonds of AL Rehab For Securitization The Twelvth Issuance Tranche C July 2029 Variable Return
According to the letter received from the MCDR on 25/02/2026 by the periodical partial redemption (installment no. 4) for the listed bonds of AL Rehab For Securitization The Twelvth Issuance Tranche C July 2029 Variable Return.
The total listed value of the bonds after the partial redemption becomes EGP 141,849,999.99 distributed over 1,766,440 bonds at a par value of EGP 80.30275. These modifications will be applied to EGX database effective 01/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A) ، at a variable annual Return rate equal to the Lending & Discount Rate announced by the Central Bank(Maximum of 22.25% and Minimum of 14.25%) + Margin 1.3 % to be paid after 4 months for the first coupon then will be paid every 3 months then will be paid.
ISIN Code: EGB69471S492
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PM reviews energy sector’s preparedness amid regional tensions
Sunday 01/03/202612:10:33 PMRead morePM reviews energy sector’s preparedness amid regional tensions
businesstodayegypt-
Mostafa Madbouly, Prime Minister, held a meeting to review the energy sector's preparedness for the upcoming period in light of the ongoing military escalation in the region.
The Prime Minister emphasized that the purpose of the meeting was to assess the energy sector's readiness in light of the rapid developments in the region since yesterday morning, and to ensure the effectiveness of the proactive measures taken by the Ministry of Petroleum and Mineral Resources to secure energy supplies of natural gas and petroleum products for the local market, guaranteeing that all needs are met without any disruptions.
He stressed the utmost importance of maintaining a secure strategic reserve of petroleum products for various uses, as well as providing the necessary funding and financial allocations to complete energy sector projects, considering energy security as one of the fundamental pillars of national security.
During the meeting, Karim Badawy, Minister of Petroleum and Mineral Resources, presented the key proactive steps implemented by the ministry to ensure the fulfillment of various needs and enhance readiness to handle any emerging developments.
He confirmed the diversification of gas supply sources, in addition to local production and ready alternative capacities, through contracts for liquefied natural gas (LNG) shipments from various sources, long-term agreements, and supply deals with global companies.
This also includes establishing and preparing integrated infrastructure to receive LNG imports and the operation of regasification vessels.
This is being done alongside continuous efforts to support increasing local production by regularly settling dues with partners, thus boosting exploration and production activities.
The Minister also confirmed full readiness to secure the necessary gas supplies for the electricity sector in required quantities, whether for public use or the needs of productive sectors.
Additionally, he stated that the ministry is working to increase the available quantities of petroleum products and always maintain secure strategic reserves of gasoline, diesel, butane, and other products.
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MIDTAP Handles Over 5 mmt of Petroleum Products in 2025
Sunday 01/03/202612:06:39 PMRead moreMIDTAP Handles Over 5 mmt of Petroleum Products in 2025
egyptoil-gas-
Middle East Oil Tankage and Pipelines (MIDTAP), Egypt’s operator of oil storage, pipelines, and marine terminal services, handled more than 5 million tons (mmt) of petroleum products in 2025, including diesel, jet fuel and styrene, one of the petrochemical products, with the total number of tankers reaching 180, said Chairman Hasanen Mohamad Hasanen during the the company’s general assembly meeting to approve its 2025 fiscal year (FY) results.
He noted that the company’s marine dock recorded growth in activity in the movement of petroleum products compared to the previous year. In 2024, MIDTAP recorded a total of 4.7 mmt of petroleum products traded at its dock, receiving 153 tankers.
During the meeting, Hasanen reviewed the company’s operational results, highlighting its role in implementing the petroleum ministry’s pillars, which include receiving petroleum product shipments via the company’s marine berth at Dekheila Port and pumping them into the local market through the national petroleum product pipeline network.
He added that MIDTAP contributed to maximizing the economic value of refining operations, accelerating the loading and unloading of products from the Middle East Oil Refinery (MIDOR), and securing crude oil supplies to the refinery.
Hasanen said that the company is working to diversify its activities through new partnerships, including the establishment of the Mada company to develop electric vehicle (EV) charging in partnership with Infinity, Hassan Allam Holding, and Misr Petroleum companies. The project targets the deployment of 510 EV charging points over five years.
The company is also studying a project to establish liquefied petroleum gas (LPG) handling and storage facilities in Alexandria with a capacity of 80,000 tons, he added.
Karim Badawi, Minister of Petroleum and Mineral Resources, said during the meeting that MIDTAP has strong opportunities to expand its activities in implementing infrastructure projects for pipelines, storage tanks, and facilities for handling crude oil, petrochemicals, and their products, helping maximize the company’s capabilities and open new areas of business.
Badawi added that MIDTAP’s growing role in executing diverse projects requires continued adherence to the highest standards of occupational safety, health, and environmental protection.
During 2025, MIDTAP recorded 60,000 safe working hours, trained technical members of the process safety committee through the Process Safety Management (PSM) System Foundation program, and renewed the fire safety compliance certificate for the Dekheila Port facilities.
The minister also directed the company to prepare a comprehensive vision for its upcoming five-year plan to support sustainable growth in business volume and strengthen its competitiveness. This plan should include expanding participation in petroleum sector infrastructure projects, improving the efficiency of existing assets and maximizing their utilization, as well as adopting the latest technological systems for operating and managing pipelines and storage facilities.
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Egypt Accelerates Horizontal Drilling to Boost Oil and Gas Output
Sunday 01/03/202612:04:48 PMRead moreEgypt Accelerates Horizontal Drilling to Boost Oil and Gas Output
egyptoil-gas-
The petroleum sector is fast-tracking the deployment of horizontal drilling and hydraulic fracturing technologies to unlock hard-to-reach oil and gas reserves and drive a significant increase in crude and natural gas production under the ministry’s five-year plan, said Karim Badawi, the Minister of Petroleum and Mineral Resources.
Speaking during a meeting held to follow up on executive progress, Badawi stressed that while Egypt holds substantial petroleum potential, maximizing output requires localizing advanced technologies and creating effective economic mechanisms in partnership with major international drilling and technology service companies.
He added that the ministry is developing incentive models to ensure readiness for large-scale application of these technologies, paving the way for broader deployment across Egypt. He also praised the recent close coordination between the Egyptian General Petroleum Corporation (EGPC) and global service providers to operationalize this approach.
During the meeting, attended by senior ministry officials and executives from international service and technology firms operating in Egypt, Salah Abdel Kerim, CEO of EGPC, highlighted promising opportunities for horizontal and lateral drilling in several conventional reservoirs, particularly in the Western Desert, Eastern Desert, Gulf of Suez, and Sinai.
He noted that horizontal drilling can significantly enhance well productivity compared to vertical wells in the same geological formations, while reducing the total number of wells needed to achieve targeted production levels.
Abdel Kerim also outlined the potential of unconventional reservoirs and ongoing work by EGPC’s Production Division, in cooperation with international service companies and production partners, to assess technical and economic requirements for implementation. He emphasized plans to expand hydraulic fracturing applications, pointing to the successful experience of Norpetco in the Western Desert as a model for future development.
Egypt’s Ministry of Petroleum and Mineral Resources (MoPMR) has unveiled a new five-year exploration and production plan (2026–2030) to achieve self-sufficiency in crude oil while boosting natural gas output and reversing recent declines in production. It focuses on increased cooperation with international oil companies, measures to limit import costs, and channeling local production into value-added industries and export markets, as part of broader efforts to enhance Egypt’s energy security and economic resilience.
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Heliopolis Housing (HELI.CA) - Board of Directors' Decisions
Sunday 01/03/202612:04:48 PMRead moreHeliopolis Housing (HELI.CA) - Board of Directors' Decisions
Company Name : Heliopolis Housing
ISIN Code : EGS65591C017
Reuters Code : HELI.CA
Content :
The Board of Directors' decisions held on 28/02/2026 including the unaudited financial results for the ended year at 31/12/2025.
The BoD Decisions in Arabic & English (1,559 KB)
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Tahnoon bin Zayed chairs MGX’s first board meeting of 2026
Sunday 01/03/202611:59:21 AMRead moreTahnoon bin Zayed chairs MGX’s first board meeting of 2026
(WAM) -
H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Chairman of the MGX Board of Directors, has chaired MGX’s first Board meeting of 2026.
Citing the growing evidence of outsized revenue and productivity gains in AI-exposed industries, His Highness welcomed MGX’s timely rise as a leading global investor accelerating AI innovation and adoption to power a more prosperous future.
During the meeting, the board reviewed MGX’s 2025 business performance and financial results, including the company’s annual financial statements. The board also welcomed MGX’s strong fundraising momentum, including new commitments from top-tier international investors.
The board discussed MGX’s recent follow-on investment in Anthropic’s US$30 billion Series G round, which MGX co-led based on its long-term conviction in Anthropic’s positive trajectory.
The board also discussed MGX’s follow-on participation in xAI’s US$20 billion Series E round and its subsequent merger with SpaceX, combining xAI’s frontier technology and infrastructure capabilities with SpaceX's highly profitable and groundbreaking space transportation and satellite communications platform.
In addition, the board reviewed MGX’s role as co-lead in Databricks’ Series K round and its participation in OpenAI’s latest employee secondary – its fourth follow-on investment in OpenAI – which signaled again MGX’s firm belief in OpenAI’s prospects as a current and future AI leader.
The board also reviewed MGX’s participation in the establishment of TikTok USDS Joint Venture LLC, the majority American-owned joint venture providing comprehensive data protection, algorithm security, content moderation, and software assurance for more than 200 million US members of TikTok’s global community.
Together, these transactions demonstrate MGX’s continued success in deploying capital in highly sought-after and accretive opportunities across the AI tech stack and in enabling platforms and technologies with global scale.
The board also discussed progress achieved by the AI Infrastructure Partnership (AIP), where MGX, BlackRock/GIP and their strategic partners are playing a leading role in mobilising long-term capital and convening global technology leaders to accelerate the buildout of next-generation AI infrastructure.
As part of its ongoing organisational review, the board also evaluated the progress of MaGiX, the in-house platform through which MGX develops super agents and other AI applications that enable higher quality investment outcomes, reinforcing MGX’s commitment to embedding AI at the core of its operating model.
Ahmed Yahia Al Idrissi, Chief Executive Officer and Managing Director of MGX, said: “MGX continues to invest with clarity of purpose and disciplined execution. Our backing of global AI champions and pace of capital deployment reflect the depth of our conviction in the AI-enabled acceleration of economic growth.”
The board meeting was attended by Khaldoon Khalifa Al Mubarak, Jassem Mohamed Bu Ataba Al Zaabi, Peng Xiao, Martin Edelman, and Ahmed Yahia Al Idrissi. -
Gold on track for seventh straight monthly gain on demand
Sunday 01/03/202611:58:13 AMRead moreGold on track for seventh straight monthly gain on demand
(WAM) -
Gold prices were largely unchanged on Friday, but were on track for their seventh consecutive monthly gain due to uncertainty surrounding U.S. tariff policies.
Spot gold was down 0.1% at $5,181.18 per ounce by 0837 GMT. It has risen 6.5% since the start of February, a gain of 58% in the past seven months
Spot gold edged up 0.1% to $5,192.19 per ounce, while US gold futures for April delivery rose 0.3% to $5,209.20 per ounce.
The precious metal remains on track for a seventh consecutive monthly gain, having advanced more than 6% so far in February. -
Release from GB Corp (GBCO.CA) Concerning the Financial Results
Sunday 01/03/202611:57:55 AMRead moreRelease from GB Corp (GBCO.CA) Concerning the Financial Results
Company Name : GB Corp
ISIN Code : EGS673T1C012
Reuters Code : GBCO.CA
Content :
Release from the company concerning the financial results for the ended year at 31/12/2025.
Release from the Company (2,598 KB) -
Dollar marks first monthly gain since October amid rising economic resilience
Sunday 01/03/202611:56:29 AMRead moreDollar marks first monthly gain since October amid rising economic resilience
(WAM) -
The US dollar is on track to record its first monthly gain since October, buoyed by shifting global economic expectations and resilient domestic data. The US Dollar Index (DXY), which measures the greenback against a basket of major currencies, stabilised near 97.74 on Friday.
This performance was bolstered by a strong chicago pmi reading of 57.7, which provided fundamental support for the currency's strength throughout the period. Despite this upward trend, the dollar faced a key ceiling for the month as it encountered a notable resistance level at 98.00.
Within this context, the Chinese yuan fell 0.12% to 6.8581 per dollar, despite rising approximately 2% since the start of the year. The Australian dollar stabilised at 0.7121 dollars, heading toward its fourth consecutive monthly gain. In contrast, the yen dropped to 156.02 yen per dollar, and the British pound retreated to 1.3485 dollars, while the euro maintained its stability near 1.1823 dollars. -
Release from GB Corp (GBCO.CA) Concerning the AGM & EGM Invitation
Sunday 01/03/202611:51:08 AMRead moreRelease from GB Corp (GBCO.CA) Concerning the AGM & EGM Invitation
Company Name : GB Corp
ISIN Code : EGS673T1C012
Reuters Code : GBCO.CA
Content :
The company sent a release concerning the AGM & EGM invitation that will be held on 29/03/2026.
Release from the Company in Arabic & English (2,231 KB) -
GB Corp (GBCO.CA) Reports Year Ended 31/12/2025 Consolidated Results
Sunday 01/03/202611:46:26 AMRead moreGB Corp (GBCO.CA) Reports Year Ended 31/12/2025 Consolidated Results
Company Name : GB Corp
ISIN Code : EGS673T1C012
Currency : EGP
F/S Consolidated Period : From 01/01/2025 To 31/12/2025
Net Profit : 2,780,455 Value In Thousand
F/S Consolidated Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 3,059,893 Value In Thousand
Audit Status : Audited
Source : GB Corp
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Weekly summary of Amman stock exchange
Sunday 01/03/202611:45:25 AMRead moreWeekly summary of Amman stock exchange
The average daily trading volume for the period 22/02 – 26/02 reached JD (8.6) million compared to JD (11.0) million for the last week, a decrease of (22.1%). The total trading volume during the week reached JD(42.9) million compared to JD (55.0) million during the last week. Trading a total of (18.6) million shares through (12070) transactions.
Financial led the trading with JD(20.54) million or (47.91%) of the total trading volume. The Services followed with a JD(16.11) million or (37.58%). Finally, the Industrial with a JD(6.22) million representing(14.52%) of the total trading volume.
The shares price index closed at (3598.8) points, compared to (3629.0) points for the last week, a decrease of (0.83%). The Financial index decreased by (0.74%), the Services index decreased by (0.85%), and the Industrial index decreased by (0.96%).
The shares of (128) companies were traded, the shares prices of (38) companies rose, and the shares prices of (64) declined.
The top five gainers during the week were, the Jordan International Investment Co. by (8.70%), Jordan International Insurance by (5.26%), Arab International Hotels by (4.11%), Arab East Investment by (3.53%), and Northern Cement Co. by (3.26%).
The top five losers were, the Union Tobacco & Cigarette Industries by (18.18%), Jordanian Realestate Company For Development by (16.05%), The Mediterranean & Gulf Insurance Company-jordan P.l.c by (9.09%), Ibn Alhaytham Hospital Company by (9.09%), and First Finance by (8.82%).
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Daily summary of Amman stock exchange
Sunday 01/03/202611:44:34 AMRead moreDaily summary of Amman stock exchange
Trading value for Sunday 01/03/2026 reached JD(10.5) million. (3.6) million shares were traded through (3,329).
The shares price index closed at (3558.51) point, a decrease of (1.12%).
The shares of (97) companies were traded, the shares prices of (9) companies rose, and the shares prices of (59) declined.
At the sector level, the Industrial index decreased by 2.33%, the Services index decreased by 1.26%, and the Financial index decreased by 0.63%.
As for sub sector indices, the sectors increased by respectively. While the Chemical Industries, Mining and Extraction Industries, Utilities and Energy, Electrical Industries, Transportation, Engineering and Construction, Commercial Services, Real Estate, Banks, Pharmaceutical and Medical Industries, Diversified Financial Services, Textiles, Leathers and Clothings, Educational Services, Hotels and Tourism, Insurance, Food and Beverages, Technology and Communication sectors decreased by 3.34%, 2.59%, 1.72%, 1.68%, 1.55%, 1.49%, 0.94%, 0.88%, 0.63%, 0.60%, 0.58%, 0.37%, 0.37%, 0.31%, 0.30%, 0.16%, 0.04% respectively.
The top five gainers were, the The Mediterranean & Gulf Insurance Company-jordan P.l.c by (10.00%), Arab Aluminium Industry /aral by (3.97%), Latent Energies For Investments by (3.95%), Nutri Dar by (1.98%), and Real Estate Development by (1.54%).
The top five losers were, National Insurance by (6.49%), Arab Investors Union Co. For Real Estates Developing by (5.00%), Al-amal Financial Investments Co. by (5.00%), Jordanian Realestate Company For Development by (4.41%), and Injaz For Development & Projects by (4.35%).
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Turkey stocks lower at close of trade; BIST 100 down 1.16%
Sunday 01/03/202611:39:04 AMRead moreTurkey stocks lower at close of trade; BIST 100 down 1.16%
Investing.com –
Turkey stocks were lower after the close on Friday, as losses in the Telecoms, Holdings & Investments and Wood, Paper & Printing sectors led shares lower.
At the close in Istanbul, the BIST 100 declined 1.16%.
The best performers of the session on the BIST 100 were Pasifik Teknoloji A.S. (IS:PATEK), which rose 6.11% or 1.11 points to trade at 19.29 at the close. Meanwhile, Altinay Savunma Teknolojileri AS (IS:ALTNY) added 5.55% or 0.88 points to end at 16.75 and Baticim Bati Anadolu Cimento Sanayi AS (IS:BTCIM) was up 4.24% or 0.22 points to 5.41 in late trade.
The worst performers of the session were Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS (IS:BRSAN), which fell 10.00% or 72.00 points to trade at 648.00 at the close. Kiler Holding AS (IS:KLRHO) declined 9.95% or 34.25 points to end at 310.00 and Borusan Yatirim ve Pazarlama AS (IS:BRYAT) was down 8.86% or 222.50 points to 2,290.00.
Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 420 to 182 and 13 ended unchanged.
Gold Futures for April delivery was up 1.08% or 56.14 to $5,250.34 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.64% or 1.72 to hit $66.93 a barrel, while the May Brent oil contract rose 2.74% or 1.94 to trade at $72.78 a barrel.
USD/TRY was up 0.14% to 43.96, while EUR/TRY rose 0.06% to 51.95.
The US Dollar Index Futures was down 0.08% at 97.66.
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Greece stocks lower at close of trade; Athens General Composite down 1.15%
Sunday 01/03/202611:38:30 AMRead moreGreece stocks lower at close of trade; Athens General Composite down 1.15%
Investing.com –
Greece stocks were lower after the close on Friday, as losses in the Banking, Telecoms and Household sectors led shares lower.
At the close in Athens, the Athens General Composite declined 1.15%.
The best performers of the session on the Athens General Composite were Viohalco SA (AT:VIOH), which rose 2.87% or 0.44 points to trade at 15.78 at the close. Meanwhile, Cenergy Holdings SA (AT:CENEr) added 2.56% or 0.55 points to end at 22.00 and Hellenic Exchanges Athens Stock Exchange SA (AT:EXCr) was up 2.24% or 0.15 points to 6.85 in late trade.
The worst performers of the session were Ekter (AT:EKTr), which fell 4.06% or 0.17 points to trade at 3.90 at the close. National Bank of Greece SA (AT:NBGr) declined 3.97% or 0.57 points to end at 13.78 and Ellaktor SA (AT:HELr) was down 3.45% or 0.05 points to 1.29.
Falling stocks outnumbered advancing ones on the Athens Stock Exchange by 97 to 24 and 11 ended unchanged.
Shares in Viohalco SA (AT:VIOH) rose to all time highs; up 2.87% or 0.44 to 15.78. Shares in Cenergy Holdings SA (AT:CENEr) rose to all time highs; gaining 2.56% or 0.55 to 22.00.
Gold Futures for April delivery was up 1.15% or 59.69 to $5,253.89 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.68% or 1.75 to hit $66.96 a barrel, while the May Brent oil contract rose 2.61% or 1.85 to trade at $72.69 a barrel.
EUR/USD was unchanged 0.08% to 1.18, while EUR/GBP unchanged 0.29% to 0.88.
The US Dollar Index Futures was down 0.07% at 97.67.
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Morocco stocks lower at close of trade; Moroccan All Shares down 1.25%
Sunday 01/03/202611:37:53 AMRead moreMorocco stocks lower at close of trade; Moroccan All Shares down 1.25%
Investing.com –
Morocco stocks were lower after the close on Friday, as losses in the Utilities, Banking and Mining sectors led shares lower.
At the close in Casablanca, the Moroccan All Shares declined 1.25%.
The best performers of the session on the Moroccan All Shares were SMI (CSE:SMI), which rose 9.98% or 634.00 points to trade at 6,984.00 at the close. Meanwhile, Managem (CSE:MNG) added 7.32% or 580.00 points to end at 8,500.00 and Miniere Touissit (CSE:CMT) was up 5.26% or 179.00 points to 3,579.00 in late trade.
The worst performers of the session were Stokvis Nord Afrique (CSE:SNA), which fell 8.72% or 7.50 points to trade at 78.50 at the close. Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) declined 7.94% or 16.90 points to end at 196.00 and Societe d’Exploitation des Ports SA (CSE:MSA) was down 5.47% or 48.00 points to 830.00.
Falling stocks outnumbered advancing ones on the Casablanca Stock Exchange by 41 to 17 and 3 ended unchanged.
Crude oil for April delivery was up 2.48% or 1.62 to $66.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.50% or 1.77 to hit $72.61 a barrel, while the April Gold Futures contract rose 1.32% or 68.36 to trade at $5,262.56 a troy ounce.
EUR/MAD was down 0.08% to 10.81, while USD/MAD rose 0.13% to 9.17.
The US Dollar Index Futures was down 0.13% at 97.61.
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Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.10%
Sunday 01/03/202611:37:06 AMRead moreDenmark stocks higher at close of trade; OMX Copenhagen 20 up 0.10%
Investing.com –
Denmark stocks were higher after the close on Friday, as gains in the Consumer Goods, Oil & Gas and Technology sectors led shares higher.
At the close in Copenhagen, the OMX Copenhagen 20 added 0.10%.
The best performers of the session on the OMX Copenhagen 20 were AP Moeller - Maersk A/S B (CSE:MAERSKb), which rose 2.32% or 355.00 points to trade at 15,675.00 at the close. Meanwhile, AP Moeller - Maersk A/S A (CSE:MAERSKa) added 1.91% or 290.00 points to end at 15,500.00 and Vestas Wind Systems A/S (CSE:VWS) was up 1.69% or 2.70 points to 162.50 in late trade.
The worst performers of the session were Pandora A/S (CSE:PNDORA), which fell 3.14% or 16.20 points to trade at 500.00 at the close. Oersted AS (CSE:ORSTED) declined 2.53% or 3.90 points to end at 150.00 and Danske Bank A/S (CSE:DANSKE) was down 0.72% or 2.40 points to 330.10.
Rising stocks outnumbered declining ones on the Copenhagen Stock Exchange by 69 to 54 and 14 ended unchanged.
Crude oil for April delivery was up 2.07% or 1.35 to $66.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.09% or 1.48 to hit $72.32 a barrel, while the April Gold Futures contract rose 1.16% or 60.34 to trade at $5,254.54 a troy ounce.
USD/DKK was down 0.18% to 6.32, while EUR/DKK unchanged 0.00% to 7.47.
The US Dollar Index Futures was down 0.14% at 97.60.
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France stocks lower at close of trade; CAC 40 down 0.47%
Sunday 01/03/202611:36:18 AMRead moreFrance stocks lower at close of trade; CAC 40 down 0.47%
Investing.com –
France stocks were lower after the close on Friday, as losses in the Healthcare, Utilities and Consumer Goods sectors led shares lower.
At the close in Paris, the CAC 40 lost 0.47%, while the SBF 120 index lost 0.42%.
The best performers of the session on the CAC 40 were Pernod Ricard SA (EPA:PERP), which rose 2.87% or 2.18 points to trade at 78.26 at the close. Meanwhile, Stellantis NV (EPA:STLAM) added 2.23% or 0.15 points to end at 6.93 and Euronext (EPA:ENX) was up 2.19% or 3.00 points to 140.00 in late trade.
The worst performers of the session were EssilorLuxottica SA (EPA:ESLX), which fell 5.89% or 14.10 points to trade at 225.20 at the close. Engie SA (EPA:ENGIE) declined 2.03% or 0.60 points to end at 28.93 and Societe Generale SA (EPA:SOGN) was down 1.91% or 1.44 points to 73.86.
The top performers on the SBF 120 were Clariane SE (EPA:CLARI) which rose 7.56% to 4.07, Nexity (EPA:NEXI) which was up 4.21% to settle at 9.54 and Biomerieux SA (EPA:BIOX) which gained 3.73% to close at 100.00.
The worst performers were Viridien SA (EPA:VIRI) which was down 9.39% to 109.10 in late trade, Ubisoft Entertainment (EPA:UBIP) which lost 7.49% to settle at 4.16 and Air France KLM SA (EPA:AIRF) which was down 6.39% to 12.30 at the close.
Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 265 to 215 and 81 ended unchanged.
Shares in EssilorLuxottica SA (EPA:ESLX) fell to 52-week lows; down 5.89% or 14.10 to 225.20.
The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.
Gold Futures for April delivery was up 1.11% or 57.54 to $5,251.74 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.18% or 1.42 to hit $66.63 a barrel, while the May Brent oil contract rose 2.17% or 1.54 to trade at $72.38 a barrel.
EUR/USD was unchanged 0.20% to 1.18, while EUR/GBP unchanged 0.46% to 0.88.
The US Dollar Index Futures was down 0.17% at 97.57
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GB Corp (GBCO.CA) Reports Year Ended 31/12/2025 Standalone Results
Sunday 01/03/202611:36:07 AMRead moreGB Corp (GBCO.CA) Reports Year Ended 31/12/2025 Standalone Results
Company Name : GB Corp
ISIN Code : EGS673T1C012
Currency : EGP
F/S Standalone Period : From 01/01/2025 To 31/12/2025
Net Loss : 172,355,468
F/S Standalone Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 1,455,259,221
Audit Status : Audited
Source : GB Corp
Corporate Governance Report ESG & TCFD in Arabic & English (31,557 KB)
The BoD Report Arabic & English (4,674 KB) -
Germany stocks higher at close of trade; DAX up 0.09%
Sunday 01/03/202611:35:22 AMRead moreGermany stocks higher at close of trade; DAX up 0.09%
Investing.com –
Germany stocks were higher after the close on Friday, as gains in the Telecoms, Media and Financial Services sectors led shares higher.
At the close in Frankfurt, the DAX gained 0.09%, while the MDAX index climbed 0.50%, and the TecDAX index gained 1.11%.
The best performers of the session on the DAX were Scout24 AG (ETR:G24n), which rose 4.71% or 3.25 points to trade at 72.25 at the close. Meanwhile, Deutsche Telekom AG Na (ETR:DTEGn) added 3.59% or 1.18 points to end at 34.09 and Deutsche Boerse AG (ETR:DB1Gn) was up 2.60% or 5.90 points to 232.40 in late trade.
The worst performers of the session were Commerzbank AG O.N. (ETR:CBKG), which fell 3.70% or 1.33 points to trade at 34.65 at the close. Adidas AG (ETR:ADSGN) declined 2.65% or 4.30 points to end at 158.20 and Deutsche Bank AG NA O.N. (ETR:DBKGn) was down 2.40% or 0.75 points to 30.30.
The top performers on the MDAX were United Internet AG NA (ETR:UTDI) which rose 13.27% to 28.00, Aixtron SE (ETR:AIXGn) which was up 7.90% to settle at 27.60 and Freenet AG NA (ETR:FNTGn) which gained 5.25% to close at 27.68.
The worst performers were Delivery Hero AG (ETR:DHER) which was down 4.36% to 19.66 in late trade, Puma SE (ETR:PUMG) which lost 4.31% to settle at 23.76 and Deutsche Lufthansa AG (ETR:LHAG) which was down 3.59% to 9.09 at the close.
The top performers on the TecDAX were United Internet AG NA (ETR:UTDI) which rose 13.27% to 28.00, 11 AG (ETR:1U1) which was up 8.28% to settle at 24.20 and Aixtron SE (ETR:AIXGn) which gained 7.90% to close at 27.60.
The worst performers were Hensoldt Ag (ETR:HAGG) which was down 2.94% to 74.40 in late trade, Infineon Technologies AG NA O.N. (ETR:IFXGn) which lost 2.02% to settle at 45.83 and SMA Solar Technology AG (ETR:S92G) which was down 1.40% to 32.34 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 322 to 283 and 32 ended unchanged.
Shares in Aixtron SE (ETR:AIXGn) rose to 52-week highs; rising 7.90% or 2.02 to 27.60. Shares in Aixtron SE (ETR:AIXGn) rose to 52-week highs; rising 7.90% or 2.02 to 27.60.
The DAX volatility index, which measures the implied volatility of DAX options, was up 2.20% to 17.94.
Gold Futures for April delivery was up 1.05% or 54.74 to $5,248.94 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.24% or 1.46 to hit $66.67 a barrel, while the May Brent oil contract rose 2.22% or 1.57 to trade at $72.41 a barrel.
EUR/USD was unchanged 0.21% to 1.18, while EUR/GBP unchanged 0.46% to 0.88.
The US Dollar Index Futures was down 0.18% at 97.57.
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Italy stocks lower at close of trade; Investing.com Italy 40 down 0.63%
Sunday 01/03/202611:34:40 AMRead moreItaly stocks lower at close of trade; Investing.com Italy 40 down 0.63%
Investing.com –
Italy stocks were lower after the close on Friday, as losses in the Financials, Travel & Leisure and Technology sectors led shares lower.
At the close in Milan, the Investing.com Italy 40 lost 0.63%.
The best performers of the session on the Investing.com Italy 40 were Saipem SpA (BIT:SPMI), which rose 2.61% or 0.09 points to trade at 3.57 at the close. Meanwhile, Stellantis NV (BIT:STLAM) added 2.40% or 0.16 points to end at 6.94 and Prysmian SpA (BIT:PRY) was up 2.35% or 2.35 points to 102.50 in late trade.
The worst performers of the session were Banca Monte dei Paschi di Siena SpA (BIT:BMPS), which fell 6.76% or 0.60 points to trade at 8.30 at the close. Mediobanca Banca di Credito Finanziario SpA (BIT:MDBI) declined 6.24% or 1.23 points to end at 18.47 and Banco Bpm SpA (BIT:BAMI) was down 3.02% or 0.39 points to 12.53.
Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 390 to 296 and 52 ended unchanged.
Shares in Saipem SpA (BIT:SPMI) rose to 3-years highs; up 2.61% or 0.09 to 3.57.
Crude oil for April delivery was up 2.25% or 1.47 to $66.68 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 2.24% or 1.59 to hit $72.43 a barrel, while the April Gold Futures contract rose 1.09% or 56.69 to trade at $5,250.89 a troy ounce.
EUR/USD was unchanged 0.22% to 1.18, while EUR/GBP unchanged 0.43% to 0.88.
The US Dollar Index Futures was down 0.19% at 97.55.
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U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.58%
Sunday 01/03/202611:33:55 AMRead moreU.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.58%
Investing.com –
U.K. stocks were higher after the close on Friday, as gains in the Beverage, Pharmaceuticals & Biotech and Mining sectors led shares higher.
At the close in London, the Investing.com United Kingdom 100 added 0.58% to hit a new all time high.
The best performers of the session on the Investing.com United Kingdom 100 were Diageo PLC (LON:DGE), which rose 4.82% or 76.50 points to trade at 1,662.50 at the close. Meanwhile, Rightmove PLC (LON:RMV) added 4.34% or 18.60 points to end at 447.40 and BT Group PLC (LON:BT) was up 4.28% or 8.90 points to 216.80 in late trade.
The worst performers of the session were Flutter Entertainment PLC (LON:FLTRF), which fell 14.99% or 1,360.00 points to trade at 7,712.00 at the close. Melrose Industries PLC (LON:MRON) declined 11.59% or 74.20 points to end at 565.80 and International Consolidated Airlines Group S.A. (LON:ICAG) was down 7.35% or 33.60 points to 423.70.
Rising stocks outnumbered declining ones on the London Stock Exchange by 995 to 775 and 539 ended unchanged.
Shares in Flutter Entertainment PLC (LON:FLTRF) fell to 3-years lows; losing 14.99% or 1,360.00 to 7,712.00.
Gold Futures for April delivery was up 1.07% or 55.80 to $5,250.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.35% or 1.53 to hit $66.74 a barrel, while the May Brent oil contract rose 2.34% or 1.66 to trade at $72.50 a barrel.
GBP/USD was unchanged 0.23% to 1.35, while EUR/GBP unchanged 0.46% to 0.88.
The US Dollar Index Futures was down 0.19% at 97.55.
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Russia stocks higher at close of trade; MOEX Russia Index up 0.49%
Sunday 01/03/202611:32:28 AMRead moreRussia stocks higher at close of trade; MOEX Russia Index up 0.49%
Investing.com –
Russia stocks were higher after the close on Friday, as gains in the Mining, Oil & Gas and Power sectors led shares higher.
At the close in Moscow, the MOEX Russia Index rose 0.49% to hit a new 3-months high.
The best performers of the session on the MOEX Russia Index were OK Rusal MKPAO (MCX:RUAL), which rose 2.72% or 1.07 points to trade at 40.44 at the close. Meanwhile, Surgutneftegas PJSC Pref (MCX:SNGS_p) added 2.68% or 1.18 points to end at 45.47 and MMC NORILSK NICKEL PJSC (MCX:GMKN) was up 2.06% or 3.30 points to 165.20 in late trade.
The worst performers of the session were OZON (MCX:OZON), which fell 0.95% or 45.50 points to trade at 4,735.50 at the close. AFK Sistema PJSC (MCX:AFKS) declined 0.83% or 0.12 points to end at 13.85 and T Tekhnologii MKPAO (MCX:T) was down 0.50% or 17.40 points to 3,462.60.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 115 to 111 and 26 ended unchanged.
The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 0.63% to 23.77 a new 1-month low.
Gold Futures for April delivery was up 1.60% or 83.26 to $5,277.46 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 3.14% or 2.05 to hit $67.26 a barrel, while the May Brent oil contract rose 3.25% or 2.30 to trade at $73.14 a barrel.
USD/RUB was up 0.56% to 77.30, while EUR/RUB rose 0.72% to 91.34.
The US Dollar Index Futures was down 0.12% at 97.62.
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Canada stocks lower at close of trade; S&P/TSX Composite down 0.47%
Sunday 01/03/202611:31:50 AMRead moreCanada stocks lower at close of trade; S&P/TSX Composite down 0.47%
Investing.com –
Canada stocks were lower after the close on Friday, as losses in the IT, Financials and Consumer Discretionary sectors led shares lower.
At the close in Toronto, the S&P/TSX Composite declined 0.47%.
The best performers of the session on the S&P/TSX Composite were CCL Industries Inc (TSX:CCLb), which rose 6.86% or 6.09 points to trade at 94.88 at the close. Meanwhile, Aya Gold & Silver Inc (TSX:AYA) added 5.84% or 1.63 points to end at 29.53 and TransAlta Corp (TSX:TA) was up 5.72% or 1.01 points to 18.75 in late trade.
The worst performers of the session were Aritzia Inc (TSX:ATZ), which fell 7.80% or 10.22 points to trade at 120.78 at the close. TerraVest Industries Inc (TSX:TVK) declined 7.58% or 12.06 points to end at 147.07 and Energy Fuels Inc. (TSX:EFR) was down 6.72% or 2.10 points to 29.13.
Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 536 to 436 and 73 ended unchanged.
Shares in CCL Industries Inc (TSX:CCLb) rose to 5-year highs; gaining 6.86% or 6.09 to 94.88. Shares in Aya Gold & Silver Inc (TSX:AYA) rose to all time highs; up 5.84% or 1.63 to 29.53.
The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 7.58% to 15.75.
Gold Futures for April delivery was up 1.65% or 85.96 to $5,280.16 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 3.30% or 2.15 to hit $67.36 a barrel, while the May Brent oil contract rose 3.39% or 2.40 to trade at $73.24 a barrel.
CAD/USD was unchanged 0.25% to 0.73, while CAD/EUR unchanged 0.08% to 0.62.
The US Dollar Index Futures was down 0.13% at 97.61.
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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.05%
Sunday 01/03/202611:31:13 AMRead moreU.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.05%
Investing.com –
U.S. stocks were lower after the close on Friday, as losses in the Financials, Technology and Consumer Goods sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average fell 1.05%, while the S&P 500 index lost 0.43%, and the NASDAQ Composite index declined 0.92%.
The best performers of the session on the Dow Jones Industrial Average were Merck & Company Inc (NYSE:MRK), which rose 3.73% or 4.46 points to trade at 123.76 at the close. Meanwhile, Walmart Inc (NASDAQ:WMT) added 2.81% or 3.49 points to end at 127.91 and Verizon Communications Inc (NYSE:VZ) was up 2.54% or 1.24 points to 50.13 in late trade.
The worst performers of the session were American Express Company (NYSE:AXP), which fell 7.91% or 26.53 points to trade at 308.79 at the close. Goldman Sachs Group Inc (NYSE:GS) declined 7.40% or 68.78 points to end at 860.22 and NVIDIA Corporation (NASDAQ:NVDA) was down 4.16% or 7.70 points to 177.19.
The top performers on the S&P 500 were Dell Technologies Inc (NYSE:DELL) which rose 21.93% to 148.08, Paramount Skydance Corp (NASDAQ:PSKY) which was up 20.84% to settle at 13.51 and Netflix Inc (NASDAQ:NFLX) which gained 13.77% to close at 96.24.
The worst performers were United Airlines Holdings Inc (NASDAQ:UAL) which was down 8.70% to 106.30 in late trade, American Express Company (NYSE:AXP) which lost 7.91% to settle at 308.79 and Enphase Energy Inc (NASDAQ:ENPH) which was down 7.67% to 42.26 at the close.
The top performers on the NASDAQ Composite were Ptl Inc (NASDAQ:PTLE) which rose 7,108.33% to 8.65, Ensysce Biosciences Inc (NASDAQ:ENSC) which was up 58.63% to settle at 0.63 and Applied Opt (NASDAQ:AAOI) which gained 56.90% to close at 84.24.
The worst performers were Li Bang International Corporation Inc (NASDAQ:LBGJ) which was down 83.82% to 0.17 in late trade, MDJM Ltd (NASDAQ:UOKA) which lost 61.90% to settle at 0.08 and Republic Power Group Ltd (NASDAQ:RPGL) which was down 51.34% to 1.99 at the close.
Falling stocks outnumbered advancing ones on the New York Stock Exchange by 1619 to 1114 and 88 ended unchanged; on the Nasdaq Stock Exchange, 2291 fell and 1086 advanced, while 163 ended unchanged.
Shares in Verizon Communications Inc (NYSE:VZ) rose to 3-years highs; rising 2.54% or 1.24 to 50.13. Shares in Ptl Inc (NASDAQ:PTLE) rose to 52-week highs; up 7,108.33% or 8.53 to 8.65. Shares in Li Bang International Corporation Inc (NASDAQ:LBGJ) fell to all time lows; down 83.82% or 0.86 to 0.17. Shares in MDJM Ltd (NASDAQ:UOKA) fell to all time lows; down 61.90% or 0.13 to 0.08. Shares in Applied Opt (NASDAQ:AAOI) rose to 5-year highs; rising 56.90% or 30.55 to 84.24. Shares in Republic Power Group Ltd (NASDAQ:RPGL) fell to all time lows; falling 51.34% or 2.10 to 1.99.
The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 6.55% to 19.85.
Gold Futures for April delivery was up 1.66% or 86.10 to $5,280.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 3.30% or 2.15 to hit $67.36 a barrel, while the May Brent oil contract rose 3.36% or 2.38 to trade at $73.22 a barrel.
EUR/USD was unchanged 0.15% to 1.18, while USD/JPY fell 0.06% to 156.04.
The US Dollar Index Futures was down 0.14% at 97.61.
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Egypt’s balanced fiscal policies lowered debt, inflation: Deputy Finance Minister
Sunday 01/03/202611:22:48 AMRead moreEgypt’s balanced fiscal policies lowered debt, inflation: Deputy Finance Minister
dailynewsegypt-
Egypt’s balanced fiscal policies have contributed to reducing debt and inflation rates while driving economic activity, Deputy Minister of Finance for Fiscal Policy Yasser Sobhy said.
Speaking at the first Africa Finance Summit, Sobhy stated that financial stability remains a fundamental pillar for economic growth and improving citizens’ living standards. He noted that the Egyptian government is currently developing its public finance management and implementing programme-based budgeting to enhance the efficiency of public spending and achieve fiscal targets within a comprehensive and integrated economic vision.
According to Sobhy, Egypt’s experience in sustainable finance is creating new opportunities for African economies. He explained that the issuance of sustainability bonds facilitates the funding of projects with a social dimension, which are essential for maintaining economic stability.
The ministry is working to diversify both local and international financing sources and instruments. Sobhy said this strategy is intended to lower costs and mitigate risks while maximising the benefit from concessional financing sources.
New programmes and initiatives are being implemented to increase spending on social protection and human development, as well as to improve public services. Sobhy highlighted that the voluntary formalisation of the informal economy is a strategic priority to broaden the tax base and utilise the economy’s latent potential.
He concluded by stating that the Borrowing Countries Forum would contribute to improving financing conditions for Africa and developing nations, thereby boosting investment flows and supporting inclusive, sustainable growth.
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Al Ahly Securitization 1st Iss 7th Pro Tranche B Jun 2026 (EGBAHSC1P7BCF) Declares Bond Dividends for Coupon No. (9)
Sunday 01/03/202611:20:49 AMRead moreAl Ahly Securitization 1st Iss 7th Pro Tranche B Jun 2026 (EGBAHSC1P7BCF) Declares Bond Dividends for Coupon No. (9)
Issuer Name : Al Ahly Securitization 1st Iss 7th Pro Tranche B Jun 2026
ISIN Code : EGB69801S383
Reuters Code : EGBAHSC1P7BCF
Interest Type : Fixed
Coupon Interest : 23.2%
Coupon Amount : EGP 0.9633720612
Coupon Number : 9
Coupon Date : 05/03/2026
Coupon Payment Date : 08/03/2026
Notes :
Bond redemption: EGP 15.2439024390
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Al Ahly Securitization 1st Iss 7th Pro Tranche D May 2027 (EGBAHSC1P7DCF) Declares Bond Dividends for Coupon No. (9)
Sunday 01/03/202611:18:22 AMRead moreAl Ahly Securitization 1st Iss 7th Pro Tranche D May 2027 (EGBAHSC1P7DCF) Declares Bond Dividends for Coupon No. (9)
Issuer Name : Al Ahly Securitization 1st Iss 7th Pro Tranche D May 2027
ISIN Code : EGB69801S409
Reuters Code : EGBAHSC1P7DCF
Interest Type : Fixed
Coupon Interest : 22.75%
Coupon Amount : EGP 1.7452054795
Coupon Number : 9
Coupon Date : 05/03/2026
Coupon Payment Date : 08/03/2026
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Al Ahly Securitization 1st Iss 7th Pro Tranche C Dec 2026 (EGBAHSC1P7CCF) Declares Bond Dividends for Coupon No. (9)
Sunday 01/03/202611:16:17 AMRead moreAl Ahly Securitization 1st Iss 7th Pro Tranche C Dec 2026 (EGBAHSC1P7CCF) Declares Bond Dividends for Coupon No. (9)
Issuer Name : Al Ahly Securitization 1st Iss 7th Pro Tranche C Dec 2026
ISIN Code : EGB69801S391
Reuters Code : EGBAHSC1P7CCF
Interest Type : Fixed
Coupon Interest : 22.5%
Coupon Amount : EGP 1.7260273973
Coupon Number : 9
Coupon Date : 05/03/2026
Coupon Payment Date : 08/03/2026
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Multiple proactive scenarios to secure local market’s gas needs: Petroleum Minister
Sunday 01/03/202611:16:08 AMRead moreMultiple proactive scenarios to secure local market’s gas needs: Petroleum Minister
dailynewsegypt-
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the National Natural Gas Grid Control Centre (NATA) at the headquarters of the Egyptian Natural Gas Company (GASCO) on Saturday, to follow up on the implementation of the plan to secure natural gas supplies and ensure the regular flow of gas to the various sectors of the local market.
Badawi checked on the readiness of the operational system to implement the proactive scenarios that had been prepared in advance to deal with any developments, supporting rapid response within the framework of an integrated plan drawn up by the ministry to address different variables.
The minister said the measures implemented in recent months to enhance preparedness, diversify gas supply sources, and develop an integrated infrastructure to receive natural gas, alongside providing multiple alternatives and secured capacities, have contributed to raising the system’s efficiency, strengthening its ability to handle emergencies, and meeting the needs of the local market efficiently and sustainably.
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Cabinet approves expansion of concessional financing initiative for priority industries
Sunday 01/03/202611:15:29 AMRead moreCabinet approves expansion of concessional financing initiative for priority industries
dailynewsegypt-
Egypt’s Cabinet has approved the expansion of its concessional financing initiative for priority industrial sectors, launching a second phase that broadens the range of eligible industries and activities, according to a joint statement by the Ministry of Finance and the Ministry of Industry.
Ahmed Kouchouk, Minister of Finance, and Khaled Hashem, Minister of Industry, said the expanded programme will finance the purchase of machinery, equipment and production lines for targeted sectors identified by the Ministry of Industry and the Industrial Development Authority in coordination with the Federation of Egyptian Industries.
The initiative aims to improve the quality and competitiveness of Egyptian products in line with international standards, deepen local manufacturing, localise new industries and unlock new export markets.
Under the revised framework, the maximum financing limit per client has been increased to EGP 100m, up from EGP 75m. For related parties, the ceiling has been raised to EGP 150m instead of EGP 100m. The credit extended to each beneficiary will be determined in line with business volume and prevailing banking regulations.
The first phase of the initiative was launched in January 2025 with a total allocation cap of EGP 30bn. Priority will continue to be given to projects located in areas most in need of development and those with high labour intensity, including South Giza, the Suez Canal region governorates, border governorates such as the Red Sea south of Safaga, and Upper Egypt.
The statement noted that a set of performance indicators has been introduced to measure the initiative’s impact on the national economy. These include growth in company revenues and assets, increases in production capacity and output volumes, a reduction in the local supply gap, higher domestic value-added, integration into global value chains, job creation and the localisation of new industries.
The concessional interest rate borne by beneficiaries will fall below 15% annually as local value-added rises. The preferential rate will also apply to newly introduced industries not previously manufactured locally but characterised by high import volumes. The reduced rate will be available for five years from the launch of the initiative, with the Ministry of Finance covering the difference between the market rate and the subsidised rate over that period.
The initiative covers sub-sectors within pharmaceuticals, engineering industries, food industries, textiles and ready-made garments, chemicals, mining, building materials and refractories, leather, and metal industries.
