The Central Bank of Egypt announced that net international reserves stood at $52.745 billion at the end of February 2026, compared to about $52.593 billion at the end of January 2026, marking an increase of $152 million.

Source: Youm7

Oil prices rose by 3% today as the U.S.–Israeli war against Iran disrupted Middle Eastern supplies. However, the pace of gains slowed compared to the previous two sessions after U.S. President Donald Trump stated that the U.S. Navy may begin escorting ships through the Strait of Hormuz.

By 06:59 GMT, Brent crude rose $2.67, or 3.3%, to $84.07 per barrel, after closing yesterday at its highest level since January 2025. U.S. West Texas Intermediate (WTI) crude climbed $2.24, or 3%, to $76.8 per barrel, after recording its highest settlement since June. Both benchmarks had gained about 5% or more in the previous two sessions, according to Reuters.

U.S.–Iran Tensions Driving Global Oil Prices Up
Kelvin Wong, senior market analyst at OANDA, said: “The U.S.–Iran conflict remains the main driver of oil prices in the near term. At this stage, no factor can ease or reverse the current upward trend in WTI prices except clear signs of de-escalation, which are not present right now.”

Reuters also reported that Iraq, OPEC’s second-largest crude producer, has cut production by about 1.5 million barrels per day—roughly half its output—due to limited storage capacity and lack of export routes. Officials added that Iraq may be forced to halt its entire production of around 3 million barrels per day within days if exports do not resume.

Source: Youm7

In a rapid development amid escalating military operations, QatarEnergy announced the suspension of production activities due to military events in the industrial cities of Mesaieed and Ras Laffan.

This decision has direct repercussions on Asian markets, particularly China and India, which together account for 40% of Qatari exports. Spot prices in those markets are expected to rise sharply, pulling European markets along in their efforts to attract shipments. Before the crisis, prices ranged between $11 and $11.5 per million British thermal units, according to a report by the Organization of Arab Petroleum Exporting Countries (OAPEC).

The report, prepared by gas market expert Eng. Wael Hamed, noted that the European market reacted immediately to the decision, with prices jumping by about 50% instantly, followed by an additional 30% increase the next day. European prices are now trading at $19.4 per million British thermal units.

The report further highlighted that European gas inventories had fallen to critical levels—below 30% by the end of February—matching the levels seen at the outbreak of the Russia-Ukraine crisis in 2022. This situation raises serious concerns about whether supplies will last through the current winter and how stocks can be replenished in the spring. These factors are driving prices sharply upward in European markets, which are more vulnerable than Asia due to their fragile market fundamentals.

The Media Center of the Red Sea Ports Authority announced on Tuesday, March 3, 2026, that a total of 9 ships were docked at the authority’s ports, with 23,000 tons of cargo, 913 trucks, and 58 cars handled.

Imports:

6,000 tons of cargo

375 trucks

47 cars

Exports:

17,000 tons of cargo

538 trucks

11 cars

At Safaga Port, preparations were underway to receive three ships (Li Pan Li, POSEIDON EXPRESS, and Al-Hurriya), while two ships (Alcudia Express and Al-Hurriya 2) departed. The port had earlier received Alcudia Express and Al-Hurriya, while three ships (Li Pan Li, POSEIDON EXPRESS, and Al-Hurriya) departed.

At Nuweiba Port, 4,200 tons of cargo and 215 trucks were handled through shuttle trips of four vessels (Aour, Al-Hussein, New Aqaba, and Ayla).

The authority also recorded the arrival and departure of 1,400 passengers across its ports.

The Media Center of Damietta Port Authority issued a statement on Tuesday, March 3, 2026, announcing that the port received 13 ships in the past 24 hours, while 11 ships departed. The total number of ships currently at the port reached 27, including the vessel TEKUNG BENEFIT, flying the Panamanian flag, measuring 200 meters in length and 32 meters in width, arriving from Malta with a cargo of 58,200 tons of wheat for the public sector.

Exports of general cargo amounted to 18,418 tons, including:

3,565 tons of urea

6,300 tons of gypsum

1,000 tons of cement

40 tons of beet pulp

7,513 tons of miscellaneous goods

Imports of general cargo totaled 47,250 tons, including:

10,062 tons of wheat

4,700 tons of corn

13,800 tons of scrap

750 tons of peas

6,283 tons of beech wood

5,100 tons of plywood

1,800 tons of soybean meal

4,542 tons of edible oil

675 head of cattle (fattening calves) with a total weight of 213 tons

Container traffic:

Exports: 1,266 TEUs

Imports: 301 TEUs

Transit: 1,683 TEUs

The grain silos for the public sector at the port currently hold 43,660 tons of wheat, while private sector warehouses contain 8,633 tons.

Additionally, three trains departed carrying a total of 3,870 tons of wheat bound for Shubra and Kafr El-Sheikh silos. Truck movement in and out of the port reached 5,535 operations.

In line with the Ministry of Investment and Foreign Trade’s plan to expand the establishment of investment zones, and under the directives of Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade, to develop and diversify investment systems to meet the varying needs of investors, Eng. Mohamed El-Gousky, CEO of the General Authority for Investment and Free Zones, met with Eng. Ahmed El-Sewedy, Managing Director and CEO of El Sewedy Electric Group, and Eng. Mohamed El-Qemah, CEO of El Sewedy Industrial Development, to discuss the establishment of Egypt’s first private investment zone.

The private investment zone system, recently approved by the Ministry of Investment and Foreign Trade, provides all services investors need in one place, including a dedicated customs office within the zone. This facilitates import and export operations for activities linked to global value chains, whether the final product is intended for export or to meet local demand.

Currently, Egypt has 12 public investment zones across six governorates, hosting 1,273 projects and providing 77,500 job opportunities.

Eng. Mohamed El-Gousky emphasized that the Egyptian government aims to sustain private sector leadership in investment, noting that private sector investments accounted for 66% of total investments in the first quarter of fiscal year 2025/2026. He praised El Sewedy Group’s positive role in promoting Egyptian investment opportunities abroad, highlighting that the private sector is best positioned to engage with peer institutions in other countries.

He also outlined government efforts to reduce establishment and operating costs for investors. One such effort is the creation of private investment zones, where all procedures are completed within the zone. The establishment of a dedicated customs office will reduce shipping and unloading times and costs for companies operating in these zones. The government has already succeeded in reducing the average customs clearance time to 5.8 days, down from about 15.8 days previously, saving companies and institutions operating in the Egyptian market around $1.5 billion in shipping costs.

El-Gousky added that the private investment zone system goes beyond licensing, ensuring reduced time between establishment requests and the final product reaching markets, while enhancing efficiency and sustainability of projects with minimal time and effort. He noted that the system aligns with El Sewedy Electric’s integrated business model, which has achieved significant success in the Egyptian market. The group’s current and future projects provide education and training services, localize modern technologies, and establish complementary and feeder industries alongside main industries, targeting both local and international markets.

For his part, Eng. Ahmed El-Sewedy affirmed that Egypt’s economic stability and continuous improvement in investment legislation and procedures have reinforced Egypt’s position as an ideal destination for the group’s investments and expansions. He added that El Sewedy has become a gateway for promoting investment in Egypt, whether through joint investments with global institutions in the Egyptian market or through promotional campaigns abroad, which have successfully attracted several European and Asian companies to enter the Egyptian market.

Dr. Ali El-Ghamrawy, Head of the Egyptian Drug Authority, signed a joint cooperation protocol with Dr. Tarek El-Houby, Head of the National Food Safety Authority, as part of strengthening institutional collaboration between the two bodies, integrating regulatory roles, and exchanging technical expertise and information. The protocol aims to tighten oversight of products related to public health, ensure the application of the highest quality and safety standards, and deliver safe and effective products to Egyptian citizens. The signing was attended by Dr. Tamer El-Husseiny, Deputy Head of the Egyptian Drug Authority.

The protocol targets coordination of efforts in inspection and regulation, exchange of technical data and information, and cooperation on products with overlapping jurisdiction between the two authorities. This will help achieve faster and more efficient regulatory decisions, enhance the effectiveness of the oversight system, reduce duplication of responsibilities, and improve institutional performance.

Dr. Ali El-Ghamrawy emphasized that signing this protocol represents a strategic step toward consolidating the concept of institutional integration among regulatory bodies. He noted that the current stage requires joint efforts and unified visions to ensure the application of best regulatory practices, strengthen citizens’ trust in the health system, and support the competitiveness of the national industry. He added that the Egyptian Drug Authority continues to enhance its regulatory framework and update its work mechanisms in line with the latest international standards, contributing to improved governance and achieving the highest levels of quality and transparency.

For his part, Dr. Tarek El-Houby expressed his appreciation for the fruitful cooperation with the Egyptian Drug Authority, praising the remarkable progress witnessed in the pharmaceutical regulatory system and its strong institutional commitment to applying modern regulatory frameworks. He stressed that this protocol embodies a practical model of effective coordination between relevant authorities, contributing to the protection of citizens’ health and safety and supporting the state’s efforts to achieve sustainable development goals.

This comes within the Egyptian Drug Authority’s commitment to improving the level of regulatory services provided, strengthening governance, and developing institutional performance, which positively impacts citizens’ health and safety and supports the state’s path toward building an integrated and effective regulatory system.

Following up on preparations for the seventh review of the economic reform program

Dr. Mostafa Madbouly, Prime Minister, held a meeting at the government headquarters in the New Administrative Capital to review a number of reforms being considered for inclusion in the second package of the Tax Facilitation Initiative. The meeting was attended by Dr. Hussein Issa, Deputy Prime Minister for Economic Affairs; Mr. Ahmed Kouchouk, Minister of Finance; Mr. Yasser Sobhi, Deputy Minister of Finance for Fiscal Policies; Mr. Rami Youssef, Assistant Minister of Finance; and Ms. Rasha Abdel Aal, Head of the Egyptian Tax Authority.

At the outset, the Prime Minister praised the efforts of the Ministry of Finance and the Tax Authority in expanding the tax base and bringing more taxpayers into the system through various facilitation packages.

Minister Ahmed Kouchouk explained that new tax reforms are currently being studied for inclusion in the second package of the initiative, following consultations with the business community and a societal dialogue. He emphasized that this continues the reform methodology adopted by the Ministry of Finance and the Tax Authority in the first package, reinforcing transparency and tax fairness, and strengthening business community confidence in tax administration.

The Minister noted that the Ministry and the Tax Authority held more than 40 meetings with business representatives to exchange views on the proposed reforms. After considering all feedback and comments raised during the dialogue sessions, discussions resulted in consensus on 30 legislative and executive measures.

Among the reforms presented were:

A package of incentives and benefits for tax-compliant taxpayers, easing their dealings with the Authority.

Enhancing the efficiency and effectiveness of the VAT refund system to simplify and accelerate refund procedures, thereby providing necessary liquidity to registrants.

Establishing specialized tax service centers.

Offering facilitation measures aimed at simplifying procedures and reducing burdens.

Creating an electronic advisory platform to publish all draft issuances from the Authority.

During the meeting, Minister Kouchouk also reviewed preparations for the seventh review of the economic reform program being implemented by the government and the Central Bank in cooperation with the International Monetary Fund (IMF). This follows the approval of the fifth and sixth reviews, as well as the endorsement of the first review of the Resilience and Sustainability Program.

He explained that the targets of the seventh review align with the government’s ongoing plans, including tax reforms, updating the State Ownership Policy Document, and continuing the government IPO program.

Kouchouk added that the IMF Executive Board welcomed Egypt’s efforts to achieve economic stability despite regional and international challenges, acknowledging improvements in several indicators such as inflation rates, investor confidence, and capital inflows.

The Ministry of Tourism and Antiquities, represented by the Egyptian Tourism Promotion Authority, has launched a major external campaign in Berlin to promote Egypt as a tourist destination in the German market. This coincides with Egypt’s participation in the ITB Berlin 2026 tourism fair, held from March 3 to 5.

Dr. Ahmed Youssef, CEO of the Egyptian Tourism Promotion Authority, explained that the campaign is part of Egypt’s national strategy to strengthen the image of Egypt as a tourist destination in international markets and to support efforts to increase inbound tourism. The campaign follows a comprehensive promotional plan that focuses on widespread visibility in high-traffic public areas.

He noted that the campaign’s promotional messages highlight the unique diversity of Egypt’s tourism offerings, which include cultural tourism linked to Egypt’s ancient civilization, beach tourism on the Red Sea and Mediterranean, adventure tourism, eco-tourism, yacht tourism, and more. The campaign also emphasizes the significant development of Egypt’s tourism infrastructure and new national projects that enhance the visitor experience.

Suzan Mostafa, Head of the Central Department of Tourism Marketing at the Authority, stated that the campaign’s advertisements are concentrated in Berlin Airport’s International Arrivals Hall (Terminal 1) throughout March, at the Berlin Exhibition Center (Charlottenburg area) for three days, and across a set of digital ads for one week on about 33 screens around the ITB Berlin fair.

She stressed that launching this intensive promotional campaign alongside Egypt’s participation in the world’s largest tourism gathering reflects Egypt’s adoption of modern marketing tools that rely on impactful visibility in target markets. It also maximizes the benefits of major international events, contributing to tourism growth and increased visitor numbers in the coming period.

Mohamed Farag, Director of the Berlin Office, explained that the promotional ads at the exhibition grounds were strategically placed to ensure visibility to ITB visitors, sparking interest and attracting them to the Egyptian pavilion. Ads were positioned at the northern and southern entrances of the fairgrounds, at the main entrances, and on the “Messe Berlin Bridge” at the crossroads leading into the exhibition.

The tour is a step toward deepening the Authority’s social impact and reflects its orientation toward direct outreach to citizens.

Improving citizens’ living standards by raising awareness of opportunities to finance micro-enterprises.

Explaining how to benefit from microinsurance services.

As part of the social role undertaken by the Financial Regulatory Authority, the Financial Services Institute—the Authority’s training arm—conducted a field tour in Assiut Governorate to showcase ways of benefiting from non-banking financial services. This move reflects the Authority’s practical orientation toward direct citizen engagement, enhancing awareness of available opportunities to expand their activities and improve living standards.

This tour comes within the Authority’s strategy to transfer knowledge from theory to practice, through direct interaction with citizens and civil society institutions, and to build genuine trust between regulatory bodies and the local community. The initiative was carried out through the Authority’s various arms, including the Financial Services Institute, the Financial Literacy and Awareness Department, and the Authority’s Media Center.

The visit featured specialized workshops discussing issues that directly affect citizens’ lives, particularly sustainability concepts, climate change, and its impact on agricultural production. Attention was given to sustainable financing mechanisms, especially the role of carbon certificates as an innovative financing tool that can open new horizons for farmers to support and expand their activities.

The Authority’s representatives included Dr. Tarek Seif, Executive Director of the Institute; Rasha Kalib, Director of Planning, Monitoring, and Program Quality; and Engineer Omar El-Nemr, Carbon Markets Expert at the Institute.

The meetings focused on opportunities to obtain microfinance or benefit from microinsurance products to support existing micro-enterprises and encourage the establishment of new ones, thereby fostering development in the governorate.

The sessions were highly interactive, with citizens raising questions about financing mechanisms, safeguards within non-banking financial markets, and the Authority’s role in regulating activities and protecting participants. The Authority’s representatives provided clear and direct answers to strengthen trust and reinforce the concept of responsible use of financial tools.

On the sidelines of the tour, a coordination meeting was held with officials from Al-Afdal Association—one of the civil society organizations supervised by the Ministry of Social Solidarity—to explore ways of developing services for farmers and enhancing staff capabilities through specialized training programs in non-banking finance. This supports the Association’s role as a driver of local development and an effective contact point for spreading financial literacy.

The tour’s activities also extended to children, with interactive sessions and distribution of educational booklets prepared by the Authority specifically for young audiences. These aimed to instill concepts of saving and financial planning early on, in age-appropriate ways—reflecting a long-term vision to build a more financially aware generation.

The Authority affirms that this tour is part of a series of upcoming field initiatives across Egypt’s governorates, within a vision that seeks to economically empower citizens and enhance their ability to benefit from non-banking financial services as a genuine tool for supporting sustainable development and improving living standards.

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: Digitize for Investment And Technology
Position: insider
Transaction: Sell
Number of Shares: 472952‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: B Investments Holding S . A . E
Position: insider
Transaction: buy
Number of Shares: 83286‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: Prime Holding
Position: insider
Transaction: buy
Number of Shares: 100000‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: EFG Holding Group
Position: insider
Transaction: sell
Number of Shares: 353808‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: EFG Holding Group
Position: insider
Transaction: sell
Number of Shares: 969792‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: GB Corp
Position: insider
Transaction: buy
Number of Shares: 70000‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: Palm Hills Development Company
Position: insider
Transaction: buy
Number of Shares: 750000‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: Palm Hills Development Company
Position: insider
Transaction: buy
Number of Shares: 13000‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: Mena Touristic & Real Estate Investment
Position: Major Shareholder
Transaction: buy
Number of Shares: 54785‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: Commercial International Bank- Egypt (CIB)‎
Position: insider
Transaction: sell
Number of Shares: 2500‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: Arab Valves Company
Position: insider
Transaction: sell
Number of Shares: 80000‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: Eastern Tobacco
Position: insider
Transaction: buy
Number of Shares: 2419‎

Insider Trading Executions: Trading Session ‎‏3‏‎/3/2026‎
Company Name: Mansourah Poultry
Position: insider
Transaction: sell
Number of Shares: 3550‎

Company Name : Oriental Weavers
ISIN Code : EGS33041C012
Reuters Code : ORWE.CA
Content :
Referring to the announcement dated 03/03/2026 regarding the AGM dated 02/04/2026, a correction was received from the company

Correction from the Company (128 KB)

Company Name : Obour Land For Food Industries
ISIN Code : EGS30AL1C012
Reuters Code : OLFI.CA
Content :
Release from the company regarding the company's regulatory framework

Release from the Company (424 KB)

Company Name : Obour Land For Food Industries
ISIN Code : EGS30AL1C012
Reuters Code : OLFI.CA
Content :
AGM minutes after certification
Assembly Date : 28/02/2026

AGM Minutes (2,688 KB)

Company Name : Delta Sugar
ISIN Code : EGS30201C015
Currency : EGP
F/S Period : From 01/01/2025 To 31/12/2025
Net Loss : 526,127,247
F/S Period: From 01/01/2024 To 31/12/2024
Net Comparative Profit : 1,261,898,807
Audit Status : Audited
Source : Delta Sugar


The BoD Report (6,623 KB)
The Corporate Governance Report (4,316 KB)

Company Name : International Agricultural Products
ISIN Code : EGS07061C012
Currency : EGP
F/S Consolidated Period : From 01/07/2025 To 31/12/2025
Net Profit : 359,889,473
F/S Consolidated Period : From 01/07/2024 To 31/12/2024
Net Comparative Profit : 291,801,579
Audit Status : Reviewed
Comment : taking into consideration the minority interest
Source : International Agricultural Products

Company Name : International Agricultural Products
ISIN Code : EGS07061C012
Currency : EGP
F/S Consolidated Period : From 01/07/2025 To 31/12/2025
Net Profit : 359,889,473
F/S Consolidated Period : From 01/07/2024 To 31/12/2024
Net Comparative Profit : 291,801,579
Audit Status : Reviewed
Comment : taking into consideration the minority interest
Source : International Agricultural Products

The Consolidated Financial Statements in Arabic (13,885 KB)
The Consolidated Financial Statements in English (7,597 KB)

Company Name : Egyptian Gulf Bank
ISIN Code : EGS60182C010
Reuters Code : EGBE.CA
Content :
Board of Directors' decisions at its meeting held on 03/03/2026

The BoD Decisions in Arabic & English (2,894 KB)

Company Name : Al Ahly SUKUK
ISIN Code : EGB698A1S024
Reuters Code : EGAHLSK2CV
Content :
Bondholder's minutes held on 2025/10/20
Al Ahly SUKUK 2nd Iss Mar 2031

Bondholder's Minutes (after Certification) (3,676 KB)

News Attachment in Arabic (185 KB)
News Attachment in English (12 KB)

Company Name : Taqa Arabia
ISIN Code : EGS490S1C014
Currency : EGP
F/S Standalone Period : From 01/01/2025 To 31/12/2025
Net Profit : 104,524,556
F/S Standalone Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 578,005,860
Audit Status : Audited
Source : Taqa Arabia

The Egyptian Exchange Board of Directors decided on its session no. (03) on 25/02/2026 decision no. (26) Of 2026 terminating the membership of Dynamic Securities Trading on The Egyptian Exchange - with its consequences - in accordance with the provisions of clause no. (3) of article no. (8) of EGX Membership Rules and in light of the decision of the Board of Directors of the Financial Regulatory Authority no. (328) of 2025 liquidating the operations of the company.

Company Name : C I Capital Holding For financial Investments
ISIN Code : EGS691D1C018
Currency : EGP
F/S Standalone Period : From 01/01/2025 To 31/12/2025
Net Profit : 690,157,662
F/S Standalone Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 1,089,783,598
Audit Status : Audited
Source : C I Capital Holding For financial Investments

The ESG & TCFD Reports (688 KB)
The BoD Report in English & Arabic (1,005 KB)
The Corporate Governance Report in English & Arabic (3,025 KB)

Company Name : C I Capital Holding For financial Investments
ISIN Code : EGS691D1C018
Reuters Code : CICH.CA
Content :
The Board of Directors' decisions held on 03/03/2026


The BoD Decisions (93 KB)

Company Name : C I Capital Holding For financial Investments
ISIN Code : EGS691D1C018
Currency : EGP
F/S Consolidated Period : From 01/01/2025 To 31/12/2025
Net Profit : 1,515,786,644
F/S Consolidated Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 2,229,439,816
Audit Status : Audited
Comment : taking into consideration the minority interersts
Source : C I Capital Holding For financial Investments

Company Name : A Capital Holding
ISIN Code : EGS697S1C015
Currency : EGP
F/S Standalone Period : From 01/01/2025 To 31/12/2025
Net Profit : 637,056,497
F/S Standalone Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 159,255,396
Audit Status : Audited
Source : A Capital Holding

The Corporate Governance Report (584 KB)
The BoD Report (3,135 KB)

Company Name : A Capital Holding
ISIN Code : EGS697S1C015
Currency : EGP
F/S Consolidated Period : From 01/01/2025 To 31/12/2025
Net Profit : 717,939,801
F/S Consolidated Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 162,582,374
Audit Status : Audited
Source : A Capital Holding

The BoD Report (449 KB)

Company Name : A Capital Holding
ISIN Code : EGS697S1C015
Reuters Code : ACAP.CA
Content :
The Board of Directors' meeting minutes held on 03/03/2026

The Minutes (2,826 KB)
The Audit Committee (185 KB)

Company Name : Abu Qir Fertilizers
ISIN Code : EGS38191C010
Reuters Code : ABUK.CA
Content :
Release from the company concerning the invitation of the AGM & EGM which is scheduled to be held on 28/03/2026

Release from the Company in Arabic & English (2,323 KB)

Company Name : Abu Qir Fertilizers
ISIN Code : EGS38191C010
Reuters Code : ABUK.CA
Content :
The Board of Directors' decisions held on 03/03/2026

News Attachment in Arabic & English (834 KB)
News Attachment (750 KB)

Company Name : E-Finance For Digital and Financial Investements SAE
ISIN Code : EGS743O1C013
Reuters Code : EFIH.CA
Content :
The Board of Directors' decisions held on 03/03/2026

The BoD Decisions (128 KB)

ZAWYA

Twareat Medical Company (TMC) has renewed and increased its existing financing facility with Al Rajhi Bank to boost its liquidity for high-profile government projects.

The new Shariah-compliant credit line for up to SAR 101 million ($26.93 million) represents an increase from the previous limit, which was at SAR 58 million as of late 2025.

The fresh funds will support daily operational expenses and long-term investment in company assets.

A specific portion is also dedicated to the Security Forces Specialised Clinics Project in Makkah, which is part of a contract with the National Unified Procurement Company (NUPCO) to set up field hospitals and mobile clinics for the Ministry of Interior.

ZAWYA

Saudi Tadawul Group (STG), the operator of the kingdom’s stock exchange, posted a double-digit decline in net profit for the full year 2025, primarily driven by softer trading activity.

Total net profit for the year reached SAR 395.6 million ($105.5 million), down by 36.4% from the same period a year ago.

Operating revenues dropped 12.8% to SAR 1.26 billion due to decreased trading volumes compared to the previous year, while EBITDA fell 32.2% to SAR 438.5 million.

The bourse operator said the decline in operating revenue was partially offset by higher revenues from non-trading services.

The Saudi Exchange was ranked the 13th largest global bourse in 2025, with a market capitalisation of SAR 8.86 trillion.

Average daily traded value (ADTV) stood at SAR 5.21 billion.

For FY 2025, the group’s capital markets segment generated a revenue of SAR 373.7 million, while post trade services segment generated revenue of SAR 638.7 million during the year. Data and Technology Services segment delivered strong growth, with revenue of 248.9 million, reflecting increased demand for market data, connectivity and infrastructure services.

Eng. Khalid Abdullah AlHussan, the Group CEO, said: “Enhancing capital market efficiency remains a top priority, supported by advanced technological systems, robust risk management frameworks,”

In 2025, Tadawul launched the fixed income market-making framework to strengthen liquidity in the debt market, expanding institutional access across through the launch of OTC settlement services for listed debt instruments and repo transactions, and introduced Saudi Depositary Receipts (SDRs) as a strategic initiative to enhance integration and international connectivity.

Data Hub, a new platform rolled out via the group’s subsidiary and innovation arm, WAMID, aims to support institutional decision-makers with accurate and comprehensive data across the capital market ecosystem.

ZAWYA

The UAE’s non-oil private sector expanded at the fastest pace in a year in February as business activity strengthened, according to new survey data released on Wednesday.

The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) rose to 55.0 in February from 54.9 in January its highest level in 12 months supported by a surge in new orders and improving supply conditions.

A PMI reading above 50 indicates expansion in non-oil business activity, while below 50 signals contraction.

"The UAE PMI signalled the strongest growth in non-oil business conditions for a year in February, with output increasing rapidly in response to strong inflows of new work. So far, the data points to an encouraging picture for the domestic economy in Q1,” said David Owen, Senior Economist at S&P Global Market Intelligence.

Stronger output was driven by higher demand, successful contract wins, and growth in key sectors including construction, real estate, logistics, and technology. Rising tourist arrivals, the expansion of e-commerce channels, and growing demand for AI related products also supported activity.

Growth was largely fuelled by domestic demand, although export sales recorded modest gains. Employment levels rose at the fastest rate since November.

Businesses remained optimistic about the outlook, expecting strong demand to continue, though confidence dipped from January’s recent high.

Dubai PMI
Dubai saw a slight softening in output growth during February, even as job creation reached a two-year high.

The emirate’s PMI fell to 54.6 from 55.9 in January as the pace of new order growth eased. Demand continued to be supported by population growth, increased tourism, and marketing activity.

ZAWYA

Arabian Mills Company for Food Products has signed two deals with a combined value of around SAR 71.2 million ($19 million) with Switzerland-based Bühler AG to execute strategic expansion projects at its facilities in Saudi Arabia.

The deals are in line with the Saudi-listed firm’s plans to significantly increase its production capacity for flour and feed, to meet growing market demand in the Kingdom.

The contracts include the supply of equipment and provision of technical designs for the new and upgraded mills in two locations in Saudi Arabia.

The company looks to set up a new flour mill with a capacity of 800 tonnes per day and a new feed mill with a capacity of 400 tonnes per day in Riyadh. The company also plans to upgrade the flour mill in Hail to produce 150 tonnes per day.

Bühler AG, a global industrial technology giant, will act not just as the primary equipment provider but also supervisor for the expansion projects.

ZAWYA

AD Ports Group said on Wednesday it expects higher volumes across its diversified global maritime network as shifting trade routes divert vessels away from the Strait of Hormuz, where traffic has been disrupted amid the escalation of the US‑Israel/Iran conflict.

The Abu Dhabi based operator of industrial cities and free zones said that as traffic through the strait declines, vessel calls at Khalifa Port may also see a corresponding drop, even though services there remain fully operational.

AD Ports, listed on the Abu Dhabi Securities Exchange, said while the majority of its 122 shipping vessels operating outside the Strait of Hormuz, those currently within the strait will continue to operate intra-Gulf services.

The Strait of Hormuz, which handles roughly 30% of seaborne crude flows, has been effectively blocked by Iran, which issued warnings to vessels not to proceed through the chokepoint.

ZAWYA

A subsidiary of the Abu Dhabi-listed 2PointZero Group PJSC has acquired an undisclosed stake in the US-based health tech firm, Whoop, Inc.

Financial details of the acquisition have also not been disclosed.

Whoop, which offers a subscription-based wearable platform, has raised more than $400 million since its 2005 launch from investors including SoftBank Vision Fund, IVP and GP Bullhound.

Backed by IHC, 2PointZero Group is an investment holding company created last year through the merger of 2PointZero, Multiply Group, and Ghitha Holding. The company has scalable assets in energy, mining, and financial services.