Market News
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Increasing the Issue Size of Treasury Bills 16 February 2027
Monday 16/03/202612:45:06 PMRead moreIncreasing the Issue Size of Treasury Bills 16 February 2027
According to the letter received from the CBE & ECSD on 16/02/2026, including their request to increase the issue size of Treasury Bills 16 February 2027 issued on 17/02/2026 with an additional EGP 49,917,775,000 representing the increase of the issue size, to reach EGP100,202,425,000 (distributed over 4,008,097 bills at a par value of EGP25,000).
The above-mentioned increase will be added to EGX database & available for trading effective 17/02/2026 trading session.
ISIN Code: EGT9980G2R11
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Increasing the Issue Size of Treasury Bills 15 December 2026
Monday 16/03/202612:41:59 PMRead moreIncreasing the Issue Size of Treasury Bills 15 December 2026
According to the letter received from the CBE & ECSD on 16/03/2026, including their request to increase the issue size of Treasury Bills 15 December 2026 issued on 16/12/2025 with an additional EGP 60,590,575,000 representing the increase of the issue size, to reach EGP 115,394,800,000 (distributed over 4,615,792 bills at a par value of EGP 25,000).
The above-mentioned increase will be added to EGX database & available for trading effective 17/03/2026 trading session.
ISIN Code: EGT9980FCQ15
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Increasing the Issue Size of Treasury Bills 16 June 2026
Monday 16/03/202612:38:18 PMRead moreIncreasing the Issue Size of Treasury Bills 16 June 2026
According to the letter received from the CBE & ECSD on 16/03/2026, including their request to increase the issue size of Treasury Bills 16 June 2026 issued on 17/06/2025 with an additional EGP 24,425,125,000 representing the increase of the issue size, to reach EGP 179,945,075,000(distributed over 7,197,803 bills at a par value of EGP 25,000).
The above-mentioned increase will be added to EGX database & available for trading effective 17/03/2026 trading session.
ISIN Code: EGT9980G6Q18
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Increasing the Issue Size of Treasury Bills 15 September 2026
Monday 16/03/202612:33:16 PMRead moreIncreasing the Issue Size of Treasury Bills 15 September 2026
According to the letter received from the CBE & ECSD on 16/03/2026, including their request to increase the issue size of Treasury Bills 15 September 2026 issued on 16/09/2025 with an additional EGP 51,839,475,000 representing the increase of the issue size, to reach EGP 191,142,900,000 (distributed over 7,645,716 bills at a par value of EGP 25,000).
The above-mentioned increase will be added to EGX database & available for trading effective 17/03/2026 trading session.
ISIN Code: EGT9980F9Q17
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Adding the Treasury Bills 16 March 2027 To EGX Trading System
Monday 16/03/202612:28:38 PMRead moreAdding the Treasury Bills 16 March 2027 To EGX Trading System
According to the letter received from the CBE & ECSD on '16'/03'/2026, including their request to add this issue of Treasury Bills 16 March 2027 issued on 17/03/2026 amounted to EGP 16,398,050,000 distributed over 655,922 bills at a par value of EGP 25,000 To EGX trading system with a discount rate of 22.999%
The above-mentioned issue will be added to EGX database & available for trading effective 17/03/2026 trading session.
ISIN Code:EGT9980G3R10
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Kafr El Zayat Pesticides (KZPC.CA) - Release From FRA
Monday 16/03/202612:24:07 PMRead moreKafr El Zayat Pesticides (KZPC.CA) - Release From FRA
Company Name : Kafr El Zayat Pesticides
ISIN Code : EGS38411C012
Reuters Code : KZPC.CA
Content :
A release from the FRA indicating that the Authority has no objection to the publication of the disclosure report prepared in accordance with the provisions of Article (48) of the Listing Rules of EGX regarding the decision of the company's Board of Directors held on 05/03/2026.
Release from FRA (1,136 KB) -
Drive Finance&Non Banking Services 1st Iss 1st p Tranche B Jun 2027 (DRVFN1P1B=CA) Declares Bond Dividends for Coupon No. (46)
Monday 16/03/202612:21:57 PMRead moreDrive Finance&Non Banking Services 1st Iss 1st p Tranche B Jun 2027 (DRVFN1P1B=CA) Declares Bond Dividends for Coupon No. (46)
Issuer Name : Drive Finance&Non Banking Services 1st Iss 1st p Tranche B Jun 2027
ISIN Code : EGB7CNX1L027
Reuters Code : DRVFN1P1B=CA
Interest Type : Fixed
Coupon Interest : 13.5%
Coupon Amount : EGP 0.3057534247
Coupon Number : 46
Coupon Date : 30/03/2026
Coupon Payment Date : 31/03/2026
Notes :
Bond Redemption: EGP 1.6666666667
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Bokra Taskeek The First Issuance April 2032 V.R (EGBKRSK01CV) Declares Bond Dividends for Coupon No. (11)
Monday 16/03/202612:18:44 PMRead moreBokra Taskeek The First Issuance April 2032 V.R (EGBKRSK01CV) Declares Bond Dividends for Coupon No. (11)
Issuer Name : Bokra Taskeek The First Issuance April 2032 V.R
ISIN Code : EGB69881L018
Reuters Code : EGBKRSK01CV
Interest Type : Floating
Coupon Interest : 22.3984675464057%
Coupon Amount : EGP 1.7796
Coupon Number : 11
Coupon Date : 29/03/2026
Coupon Payment Date : 30/03/2026
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General Summary of Key Company News on the Egyptian Exchange and Major Economic Updates
Monday 16/03/202612:17:14 PMRead moreGeneral Summary of Key Company News on the Egyptian Exchange and Major Economic Updates
Company Disclosures
ICON – Engineering Industries for Construction
Net consolidated profit in 2025: EGP 1.06 billion, compared to EGP 1.27 billion in 2024.
Cairo Housing & Development
Net consolidated profit in 2025: EGP 598.7 million, compared to EGP 1.17 billion in 2024.
Giza General Contracting & Real Estate Investment
Net consolidated profit in 2025: EGP 141 million, compared to EGP 71.6 million in 2024.
Unipak – Universal Packaging & Paper Materials
Net consolidated profit in 2025: EGP 13 million, compared to EGP 94 million in 2024.
Delta Printing & Packaging
Net profit in 2025: EGP 73.5 million, compared to EGP 69.9 million in 2024.
EAC – Egyptian Arab (Thmar) Securities & Bonds Trading
Net profit in 2025: EGP 24.5 million, compared to EGP 30.8 million in 2024.
Major Economic News
Bus Manufacturing Boom: Cabinet Media Center highlighted a surge in bus production meeting local demand and boosting exports, part of Egypt’s vehicle localization strategy.
Petroleum Financing: PM Mostafa Madbouly chaired a meeting with Finance Minister Ahmed Kojok and Petroleum Minister Karim Badawi to secure financial allocations for petroleum needs.
Electricity Sector Review: PM met Electricity Minister Mahmoud Assem to discuss progress on the unified electricity grid and other sector files.
Industrial & Commercial Chambers Meeting: PM met chamber heads to review challenges amid regional military escalation, especially energy sector pressures.
Program & Performance Budgeting: Deputy PM Hussein Issa followed up on the rollout of program-based budgeting to improve efficiency and oversight.
Customs Facilitation: Finance Minister Kojok announced exceptional customs facilities for transit shipments, exempting them from prior registration (ACI).
Investment in Chemicals: Investment Minister Mohamed Farid Saleh met Draschem Chemicals to follow up on Egypt’s first free zone for sodium cyanide production, with USD 200 million investment.
Exports to Gulf Continue: Ministry of Investment and Foreign Trade denied any suspension of exports to Gulf countries, confirming continuity via Safaga Port despite Hormuz closure.
Tourism Cooperation: Tourism Minister Sherif Fathy met South Sinai Governor Ismail Kamal in Sharm El-Sheikh to strengthen tourism sector collaboration.
Women’s SME Financing: SME Development Agency CEO Basel Rahmy announced EGP 18.7 billion financing for women-led projects between 2014–2025, funding 934,000 projects.
Fitch Outlook on Construction: Fitch Solutions projected Egypt’s construction sector growth accelerating to 6.6% by FY 2027/2028, averaging 6.3% annually through 2035, driven by infrastructure and urban projects.
Fitch on Banks’ FX Assets: Net foreign assets of Egyptian banks rose to USD 14.5 billion by Jan 2026, the highest since 2012.
Fitch on Bank Profits: Slight decline in bank profitability expected in 2026 due to lower interest rates, though oil price increases may add inflationary pressures. -
Alkan Finance Sukkuk 1st Iss Feb 2030 VR (EGKALSK01CV) Declares Bond Dividends for Coupon No. (12)
Monday 16/03/202612:16:54 PMRead moreAlkan Finance Sukkuk 1st Iss Feb 2030 VR (EGKALSK01CV) Declares Bond Dividends for Coupon No. (12)
Issuer Name : Alkan Finance Sukkuk 1st Iss Feb 2030 VR
ISIN Code : EGB67AQ1L013
Reuters Code : EGKALSK01CV
Interest Type : Floating
Coupon Interest : 24.4036355316718%
Coupon Amount : EGP 2.00578
Coupon Number : 12
Coupon Date : 29/03/2026
Coupon Payment Date : 30/03/2026
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Release from The Arab Ceramic CO.- Ceramica Remas (CERA.CA) Regarding the AGM
Monday 16/03/202612:14:02 PMRead moreRelease from The Arab Ceramic CO.- Ceramica Remas (CERA.CA) Regarding the AGM
Company Name : The Arab Ceramic CO.- Ceramica Remas
ISIN Code : EGS3C151C015
Reuters Code : CERA.CA
Content :
With reference to the announcement published on the trading screens on 09/03/2026 regarding the invitation to the Ordinary General Assembly scheduled to be held on 31/03/2026, a clarification was received from the company.
Release from the Company (660 KB) -
Minister of Finance: EGP 18.5 Billion Disbursed Since Launch of Social Protection Package in February
Monday 16/03/202612:13:56 PMRead moreMinister of Finance: EGP 18.5 Billion Disbursed Since Launch of Social Protection Package in February
Source: Al-Mal
Ahmed Kojok, Minister of Finance, reviewed the implementation status of the social protection package, explaining that EGP 18.5 billion has been disbursed since the package was launched in February 2026 to support eligible beneficiaries and vulnerable groups.
He added that:
EGP 6 billion was allocated to provide an additional EGP 400 cash support for 10 million families registered on ration cards.
EGP 1.6 billion was allocated as additional cash support for beneficiaries of the Takaful and Karama program, the Child Pension, and Rural Pioneers.
EGP 3 billion was allocated as “additional support” for treatment at the state’s expense and for critical cases on waiting lists.
EGP 4.3 billion was disbursed to expedite the first phase of the Decent Life initiative, targeting completion of 1,000 projects.
EGP 3.5 billion was allocated to the Egyptian Sugar and Integrated Industries Company to pay dues owed to sugarcane farmers.
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2025
Monday 16/03/202612:12:55 PMRead more2025
The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on Sunday, March 15, 2026, the annual bulletin of postal services statistics for 2024/2025. Key indicators included:
Savings Fund
Deposits reached EGP 166.2 billion in 2024/2025, compared to EGP 121.5 billion in 2023/2024, an increase of 36.8%.
Pensions Paid
Total pensions disbursed amounted to EGP 200.4 billion in 2024/2025, compared to EGP 179.5 billion in 2023/2024, an increase of 11.6%.
Current Accounts
Deposits reached EGP 367.8 billion in 2024/2025, compared to EGP 249.5 billion in 2023/2024, an increase of 47.4%.
Stamps and Forms Sold
Sales at postal units amounted to EGP 382.5 million in 2024/2025, compared to EGP 335.8 million in 2023/2024, an increase of 13.9%.
Postal Service Units
The number of post offices reached 4,719 in 2024/2025, compared to 4,643 in 2023/2024, an increase of 1.6%.
Electronic Payment Service
The number of electronic payment service units nationwide was 7,513 in 2024/2025, compared to 9,286 in 2023/2024, a decrease of 19.1%. (This system enables financial transactions and balance inquiries electronically.) -
IDSC Monitors Fitch Ratings’ Outlook on Egypt’s Construction Sector
Monday 16/03/202612:12:16 PMRead moreIDSC Monitors Fitch Ratings’ Outlook on Egypt’s Construction Sector
The Cabinet’s Information and Decision Support Center (IDSC) highlighted the latest report by Fitch Solutions titled “Egypt Construction Outlook”, which projects positive prospects for Egypt’s construction sector amid infrastructure and urban expansion projects through 2035.
Sector Growth Outlook
Egypt’s construction growth reflects its drive to develop infrastructure networks and strengthen economic capacity through strategic investments. Fitch expects real growth in construction to accelerate:
4.1% in FY 2024/2025
5.6% in FY 2026/2027
6.6% in FY 2027/2028
Over the medium term, average annual growth is projected at 6.3% between 2026–2035, supported by economic recovery, urbanization, and rising demand for transport, energy, and infrastructure networks.
Infrastructure & Urban Development
Strong activity continues in industrial and urban development projects, including mixed-use developments that expand urban growth and meet rising demand for residential, commercial, and service spaces.
Transport Infrastructure
Outlook remains positive with ongoing investments in container terminals and port expansions on the Mediterranean and Red Sea coasts, reinforcing Egypt’s role as a regional hub for transshipment and logistics.
Egypt is also advancing modern rail projects, including a 2,000 km high-speed rail network connecting about 60 cities at speeds up to 230 km/h, improving transport efficiency and reducing travel times.
Energy & Utilities
Investment opportunities are expanding in renewable energy (wind, solar, green hydrogen) and water infrastructure (desalination and treatment). Egypt aims for renewables to account for over 60% of electricity generation by 2040, with private sector participation driving new projects.
Drivers of Growth
Lower inflation, rising private investment, demographic trends, housing shortages, and government incentives are expected to sustain construction activity.
Scale of Infrastructure Projects
Infrastructure projects valued above USD 30 million represent 34.5% of Egypt’s total construction project value, amounting to USD 166.6 billion, underscoring infrastructure’s central role in sector growth.
Suez Canal Economic Zone
The SCZone continues to attract industrial and logistics investments, leveraging Egypt’s strategic location and expanding special economic zones, boosting demand for industrial buildings and related infrastructure.
Major Urban Projects
Large-scale urban development projects will remain key drivers, including the New Administrative Capital, Alam El Roum, and Ras El Hekma Peninsula on the northwest coast. Alongside these coastal megaprojects, other housing, commercial, and tourism initiatives are expected to sustain construction growth in the coming years. -
DP World Group Achieves Record Revenues of USD 24.4 Billion in 2025
Monday 16/03/202612:09:50 PMRead moreDP World Group Achieves Record Revenues of USD 24.4 Billion in 2025
Source: Al-Mal
DP World Group announced record financial results for 2025, driven by strong performance across ports, terminals, and logistics services, while continuing to expand operational capacity and strengthen its global presence.
The Group recorded revenue growth of 22%, reaching USD 24.4 billion, while adjusted EBITDA rose 18% to USD 6.4 billion, with a profit margin of 26.3%, supported by resilient port and terminal operations and expansion in logistics.
Net profit increased sharply by 32.2% to USD 1.96 billion, reflecting the impact of operating leverage and disciplined cost management. Operating cash flows rose 14% to USD 6.3 billion.
Issa Kazim, Chairman of the Group, commented: “We succeeded in achieving resilient profits and strong cash flows despite a global environment marked by high uncertainty and shifting trade dynamics. This performance reflects the strength of our integrated platform and its ability to adapt to rapid changes in global supply chains.”
CEO Yuvraj Narayan highlighted exceptional performance in ports and terminals, supported by higher handling volumes, improved yields, and disciplined cost management. Revenue per twenty-foot equivalent unit (TEU) rose 8.5% year-on-year.
The Group continued to expand capabilities through logistics services and its unified operating model “One DP World,” focusing on operational excellence, disciplined capital allocation, and execution to support customers amid short-term volatility, while investing for sustainable long-term growth.
Financial efficiency improved, with return on capital employed rising from 8.9% in 2024 to 9.9% in 2025, reflecting stronger profitability despite ongoing geopolitical and trade uncertainty.
Capital expenditure rose to USD 3.1 billion in 2025, compared to USD 2.2 billion in 2024, supporting capacity expansion and productivity improvements across global ports. Total handling capacity increased to 109 million TEUs.
For 2026, the Group allocated nearly USD 3 billion in capital spending, focusing on strategic projects at key sites including Jebel Ali, Drydocks World, Tuna Tekra in India, London Gateway, Ndayane in Senegal, and Jeddah in Saudi Arabia.
On sustainability, the Group reduced Scope 1 and 2 emissions by 14% compared to 2022, with about 67% of global electricity needs now sourced from renewables. Operations in GCC countries contributed significantly to overall performance.
In Egypt, DP World achieved strong results in 2025, with Ain Sokhna Port handling a record 1.1 million TEUs. The Group also inaugurated the Sokhna logistics zone, a 300,000 m² integrated facility with USD 85 million investment, supporting manufacturing and boosting exports.
Additionally, DP World is developing an advanced cold storage facility with USD 29 million investment inside the El Sewedy Industrial Development Complex, to enhance exports of agricultural products and frozen foods.
Rizwan Soomar, CEO of DP World for the Indian Subcontinent, Central Asia, the Levant, and Egypt, stated: “The strong financial performance reflects continued trade growth across the region, translating into direct gains for the Egyptian economy through increased investment, new opportunities for local businesses, enhanced exports, and access to new regional and global markets.”
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Textile Export Council: Egypt Strengthens Its Position as a Rising Hub in Global Supply Chains
Monday 16/03/202612:08:47 PMRead moreTextile Export Council: Egypt Strengthens Its Position as a Rising Hub in Global Supply Chains
Source: Youm7
The Textile Export Council, chaired by Engineer Hani Sallam, participated in the Fast Textile Fabrics exhibition held in Poland from March 10 to 12, 2026. This participation comes within the Council’s efforts to enhance the presence of Egyptian industry in international markets and to support opportunities for export and investment cooperation with global partners.
Rasha Fahim, the Council’s Executive Director, attended the event to explore export opportunities in the Polish market, which is considered one of the promising markets the Council is currently targeting as part of its expansion strategy into Europe.
The Council also took part in a panel discussion titled “Egypt – The Rising Hub for Nearshoring in Textile Supply: Integrated Industry, Competitiveness, and Flexibility.” The session highlighted Egypt’s strengths in becoming a regional and global hub for textile supply.
The discussion emphasized the integrated value chain of Egypt’s textile industry—from spinning, through fabrics, to finished products—alongside the sector’s production capacity, competitiveness, and Egypt’s strategic geographic location. These factors support Egypt’s ability to meet the requirements of the nearshoring model and enhance the resilience of global supply chains.
The Council stressed that participation in this international event is part of its strategy to promote Egyptian industry and open new channels of cooperation with international companies and importers, contributing to increased exports and reinforcing Egypt’s position as an important industrial and export hub in the textile sector.
Nearshoring refers to the trend of global companies relocating part of their production or supply operations to countries geographically closer to their main markets, instead of relying on distant manufacturing centers. This model aims to reduce shipping time and transport costs, while enhancing supply chain flexibility—particularly in fast-response sectors such as textiles and apparel.
Egypt stands out as a promising location in this field thanks to its proximity to European markets and the integration of its textile production chains, giving it a competitive edge in meeting global demand quickly and efficiently.
The Council revealed that textile exports reached about USD 1.167 billion in 2025, compared to USD 1.149 billion in 2024, achieving the highest annual value in the sector’s history.
The Council explained that the sector’s performance reflects the Egyptian industry’s ability to adapt to global changes, seize export opportunities arising from shifts in international supply chains, and benefit from expanding investments in textile factories within Egypt.
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Taaleem Management Services (TALM.CA) - Release Regarding a Disclosure Form
Monday 16/03/202612:07:58 PMRead moreTaaleem Management Services (TALM.CA) - Release Regarding a Disclosure Form
Company Name : Taaleem Management Services
ISIN Code : EGS597R1C017
Reuters Code : TALM.CA
Content :
Release regarding the post-implementation disclosure form in accordance with the provisions of Article 29 of EGX Listing Rules.
The Release (275 KB) -
Minister of Finance: Budget Allocations Support Exporters and Medium-Sized Enterprises
Monday 16/03/202612:07:46 PMRead moreMinister of Finance: Budget Allocations Support Exporters and Medium-Sized Enterprises
Source: Youm7
Ahmed Kojok, Minister of Finance, confirmed that the draft state budget for the new fiscal year includes sufficient financial allocations to support exporters, medium and small enterprises, and entrepreneurs.
Speaking at an event organized this evening by the Union of Small and Medium Enterprises Investors, Kojok emphasized that betting on the private sector is a winning bet. He noted that there is a sense of optimism among the economic team about solving business owners’ problems on the ground.
The Minister of Finance highlighted that the first tax package approved last year received highly positive feedback from the business community. He also pointed to upcoming customs facilitation measures that are expected to reduce costs for business owners.
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Ministry of Investment and Foreign Trade: Sovereign Fund invites investment banks to submit technical and financial proposals to manage the offering of 20% of Misr Life Insurance Company
Monday 16/03/202612:06:59 PMRead moreMinistry of Investment and Foreign Trade: Sovereign Fund invites investment banks to submit technical and financial proposals to manage the offering of 20% of Misr Life Insurance Company
Source: Youm7
As part of implementing the State Ownership Policy Document and expanding the ownership base of state-owned companies—within the framework of accelerating the offerings program and enhancing the role of the private sector in economic activity to improve efficiency, competitiveness, and embed principles of governance and sustainability in support of Egypt’s vision for comprehensive development—the Ministry of Investment and Foreign Trade and the Sovereign Fund of Egypt announce that Misr Life Insurance Company, fully owned by Misr Insurance Holding Company (a subsidiary of the Fund), has submitted a request to list all its shares on the Egyptian Exchange, in preparation for offering a minority stake of up to 20% of the company’s capital.
In this context, the Sovereign Fund of Egypt invites investment banks and specialized financial institutions to submit their technical and financial proposals to act as the lead manager and bookrunner for the planned offering of up to 20%. The process will be competitive to select an advisor with the expertise and competence to lead the offering in line with best international practices.
The offering aligns with strategic directions to deepen private sector participation, enhance asset management efficiency, and create attractive investment opportunities in the insurance sector—one of Egypt’s vital economic sectors.
Misr Life Insurance holds an estimated 22% market share of Egypt’s personal insurance market. Shareholders’ equity reached about EGP 42 billion in September 2025, supported by growing profits, reflecting the company’s strong financial position and solid operational performance.
The process aims to select a highly experienced bookrunner to efficiently lead and market the offering, including managing marketing, building the order book, and coordinating with local and international investors, within a transaction structure that delivers optimal added value.
The technical proposal must be submitted by a licensed entity authorized by relevant regulators and should include a track record of capital market transactions and M&A deals in the insurance and financial services sector over the past five years.
Proposals should also include:
Analytical outlook for the insurance sector.
Preliminary valuation range and proposed methodologies.
Clear execution and marketing strategy.
Initial list of potential investors.
Preliminary vision of the optimal transaction structure.
Proposed team composition, CVs, and relevant experience.
Interested investment banks should send a profile and track record to: mli-ibrfp@sovfundegypt.com no later than March 8, 2026, for initial internal review before proceeding with the process.
If preliminarily accepted, the applicant will be contacted to take the next steps, including signing a Non-Disclosure Agreement (NDA) as a prerequisite to accessing detailed company information, enabling submission of a comprehensive technical and financial proposal by March 18, 2026.
It should be noted that sending a profile does not constitute automatic acceptance or final qualification for participation, nor does it necessarily entail receiving the NDA. Applicants must comply with all conditions and requirements specified in this announcement.
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Egypt’s Economic Reform from 2016 to 2026 Achieves Tangible Results
Monday 16/03/202612:05:50 PMRead moreEgypt’s Economic Reform from 2016 to 2026 Achieves Tangible Results
Source: Youm7
Since 2016, Egypt has undertaken a comprehensive economic reform program aimed at achieving financial stability and sustainable growth. These reforms began with bold steps such as liberalizing the exchange rate, restructuring subsidies, and tightening public finances, while focusing on protecting vulnerable groups. After more than seven years, the results are evident at the macroeconomic level and in improving citizens’ quality of life, reflecting the success of this economic policy—something President Abdel Fattah El-Sisi highlighted during the Egyptian Family Iftar.
Egypt’s Economic Reform Program since 2016
In November 2016, the government launched a wide-ranging economic reform program, supported by international financing, to address financial challenges and restructure the economy to boost productivity and attract investment. The program focused on:
Liberalizing the Egyptian pound exchange rate against foreign currencies to correct financial imbalances.
Restructuring the subsidy system to ensure it reaches the most needy groups.
Rationalizing public spending and increasing efficiency of tax revenues.
Results of Egypt’s Economic Indicators
The Egyptian economy has achieved strong results since the start of reforms:
GDP growth reached 4.77% in Q3 of FY 2024/2025, compared to 2.2% in the same period of 2024.
Foreign currency reserves rose from about USD 13.4 billion in 2016 to record levels of nearly USD 52.7 billion by the end of February 2026.
Inflation rates declined significantly, from 38% in 2017 to around 11.9% in January 2026, positively impacting citizens’ purchasing power.
Social Protection
Since the beginning of the reform process, the Egyptian state has increased spending on citizen support. Despite fiscal tightening measures, the government continued to expand social support allocations:
Total allocations for subsidies, grants, and social benefits reached EGP 742.6 billion in the FY 2025/2026 budget, up about 17% from the previous year.
EGP 54 billion was allocated for direct cash support to the neediest families, averaging about EGP 900 per family per month.
Takaful and Karama Programs
These programs target vulnerable groups such as widows, the elderly, and people with disabilities.
“Takaful” covers about 56% of beneficiaries.
“Karama” covers about 44% of beneficiaries.
Impact of Support on Citizens’ Lives
The expansion of the social safety net has contributed to:
Providing direct cash support to poor families.
Preserving a minimum standard of living amid rising costs of living due to economic reforms.
Strengthening the social safety net to cover groups most affected by price fluctuations.
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Textile Export Council participates in Fast Textile Fabrics Exhibition in Poland
Monday 16/03/202612:04:32 PMRead moreTextile Export Council participates in Fast Textile Fabrics Exhibition in Poland
Source: Al-Mal
The Textile Export Council, chaired by Engineer Hani Sallam, took part in the Fast Textile Fabrics exhibition held in Poland from March 10 to 12, 2026. This participation comes as part of the Council’s efforts to strengthen the presence of Egyptian industry in international markets and to support opportunities for export and investment cooperation with global partners.
Rasha Fahim, the Council’s Executive Director, attended the event to explore export opportunities in the Polish market, which is considered one of the promising markets the Council is targeting as part of its current expansion strategy into Europe.
The Council also participated in a panel discussion titled “Egypt – The Rising Hub for Nearshoring in Textile Supply: Integrated Industry, Competitiveness, and Flexibility.” The session highlighted Egypt’s assets that enhance its role as a regional and global hub for textile supply.
Discussions focused on the integrated value chain of Egypt’s textile industry—from spinning, through fabrics, to finished products—alongside the sector’s production capacity, competitiveness, and Egypt’s strategic geographic location. These factors support Egypt’s ability to meet the requirements of the nearshoring model and strengthen the resilience of global supply chains.
The Council emphasized that participation in this international event is part of its strategy to promote Egyptian industry and open new channels of cooperation with international companies and importers, thereby contributing to increased exports and reinforcing Egypt’s position as an important industrial and export hub in the textile sector.
Nearshoring refers to the trend of global companies relocating part of their production or supply operations to countries geographically closer to their main markets, instead of relying on distant manufacturing centers. This model aims to reduce shipping time and transport costs, while enhancing supply chain flexibility—particularly in fast-response sectors such as textiles and apparel.
Egypt stands out as a promising location in this field thanks to its proximity to European markets and the integration of its textile production chains, giving it a competitive edge in meeting global demand quickly and efficiently.
The Council revealed that textile exports reached about USD 1.167 billion in 2025, compared to USD 1.149 billion in 2024, achieving the highest annual value in the sector’s history.
The Council explained that the sector’s performance reflects the Egyptian industry’s ability to adapt to global changes, seize export opportunities arising from shifts in international supply chains, and benefit from expanding investments in textile factories within Egypt.
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Elsaeed Contracting & Real Estate Investment Company SCCD (UEGC.CA) - Release Regarding the Disclosure Form
Monday 16/03/202612:03:50 PMRead moreElsaeed Contracting & Real Estate Investment Company SCCD (UEGC.CA) - Release Regarding the Disclosure Form
Company Name : Elsaeed Contracting & Real Estate Investment Company SCCD
ISIN Code : EGS21531C016
Reuters Code : UEGC.CA
Content :
Release regarding the disclosure form according to the Article 29 of EGX Listing Rules.
The Release (514 KB) -
Consumer Protection Agency launches surprise inspection campaign in several areas of Cairo Governorate to enforce market discipline
Monday 16/03/202612:03:10 PMRead moreConsumer Protection Agency launches surprise inspection campaign in several areas of Cairo Governorate to enforce market discipline
In implementation of directives from the political leadership and instructions from the Prime Minister to intensify market oversight and regulate pricing, the General Directorate of Market Oversight at the Consumer Protection Agency, led by Mr. Sherif Tawfiq, Director General, carried out a surprise inspection campaign targeting the districts of Ain Shams, Matariya, and Shubra in Cairo Governorate. The campaign aimed to monitor market activity and ensure that commercial establishments are clearly displaying prices and selling according to the announced rates, while also detecting any negative practices or attempts to exploit consumers.
The campaign also monitored the enforcement of Minister of Supply and Internal Trade Decree No. (5) of 2026, which sets the weights and prices of “tourist” and “foreign-style” bread, to ensure bakeries comply with the regulations. This contributes to tighter market oversight, greater discipline, and protection of consumer rights.
These inspection efforts and field presence are carried out regularly in line with the political leadership’s directives to strengthen market monitoring and decisively confront all forms of manipulation or exploitation of citizens. This follows recent statements by President Abdel Fattah El-Sisi, stressing that no one will be allowed to exploit economic conditions or regional developments as a pretext to raise prices or create artificial shortages. This reflects the state’s seriousness in enforcing market discipline, protecting citizens’ rights, and preventing monopolistic practices that affect their basic needs.
The campaign included visits to vegetable markets, tourist and foreign-style bread bakeries, and several retail chains. Inspectors verified the availability of essential and strategic goods, clear price displays, sales at the announced rates, and the regularity of trade to meet citizens’ daily needs.
Vendors and traders were strictly instructed to comply with trade laws and pricing regulations, with emphasis that the state will not allow any attempts to exploit current circumstances to unjustifiably raise prices. Any violations will be met with firm legal measures to ensure market stability and safeguard consumer rights.
The inspection campaign resulted in the detection of 11 cases of violations, involving practices contrary to market regulations and attempts to manipulate prices or exploit consumers. Immediate legal action was taken against offenders, with official reports filed and cases referred to the Public Prosecution for decisive legal proceedings.
In this context, Mr. Ibrahim El-Sigini, Chairman of the Consumer Protection Agency, affirmed that the state is closely monitoring markets and will not allow exploitation of economic conditions or regional developments to achieve illicit gains at the expense of citizens. He stressed the continuation of intensive and surprise inspection campaigns across different areas to detect violations and deal with them immediately. He clarified that any attempt to manipulate prices or disrupt the rules of commodity circulation in markets will be met with firm and deterrent legal measures.
The Chairman emphasized that these intensive and surprise campaigns will continue without interruption across all governorates of Egypt to regulate markets and enforce full discipline. He stressed that the Agency will act decisively against any attempts to manipulate prices, hoard goods, or exploit citizens, noting that violations will be immediately confronted with strict legal action and offenders referred to judicial authorities. He concluded that under no circumstances will the state allow citizens’ rights to be undermined or market stability disrupted, and that consumer protection and safeguarding the economic and social security of citizens are top priorities at this stage. -
Ministry of Investment and Foreign Trade denies issuance of any government decision to suspend exports to Gulf countries
Monday 16/03/202612:01:58 PMRead moreMinistry of Investment and Foreign Trade denies issuance of any government decision to suspend exports to Gulf countries
Safaga Port has served as a gateway for Egyptian exports affected by the closure of the Strait of Hormuz.
International trade is impacted by any rise in shipping and insurance costs, and we respond to developments with flexibility and speed.
In line with the Ministry of Investment and Foreign Trade’s vision of keeping the public informed of all developments, and in light of recent reports on some news sites regarding the suspension of Egyptian exports to Gulf countries, the Ministry affirms that no government decisions have been issued to suspend Egyptian exports to those markets. Export activity continues, with all relevant authorities operating at full capacity to support the flow of exports to foreign markets. Safaga Port has acted as an alternative gateway for Egyptian exports affected by the closure of the Strait of Hormuz.
The Ministry notes that international trade may occasionally experience limited, short-term delays for certain shipments due to changes in shipping and insurance costs or transport arrangements resulting from developments. These matters are handled swiftly within the framework of Egypt’s transport and logistics system.
Actual export data through Egyptian ports confirm the continued flow of exports, reflecting the resilience of Egypt’s foreign trade system in adapting to logistical changes.
Under the directives of Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade, relevant authorities continue to provide logistical and procedural facilitation to support exporters, safeguard foreign trade flows, and ensure alternatives and solutions are available to sustain Egyptian exports.
Meanwhile, the General Organization for Export and Import Control, headed by Engineer Essam El-Naggar, is working to streamline procedures for inspecting export consignments and issuing conformity certificates, in coordination with port authorities and the transport and logistics system. This contributes to faster clearance of exports and enhances the efficiency of shipping and transport operations.
In this context, the land–sea transport line between Egypt’s Safaga Port and Saudi Arabia’s Duba Port has seen increased export activity between March 1 and March 15, 2026, compared to the same period last year.
During that period in 2025, there were 25 trips carrying 2,406 shipments with a cargo volume of 60,150 tons. In contrast, between March 1 and March 15, 2026, the number rose to 38 trips carrying 4,200 shipments with a cargo volume of 105,000 tons—reflecting nearly 75% growth in export volume via this route.
Goods are transported by land to Safaga Port, then shipped on ferries bound for Duba Port in Saudi Arabia, before continuing on to Saudi markets and other Gulf markets.
Average daily transport along this line is about 500 refrigerated containers moved by four ferries per day, with an average load of 12,500 tons daily. Currently, around eight ferries operated by both government and private sectors serve the line, ensuring capacity for increased export traffic. Key goods transported include fresh Egyptian fruits and vegetables, along with some re-exported goods under transit trade.
The maritime line between Egypt’s Nuweiba Port and Jordan’s Aqaba Port has also seen increased shipping activity, with average daily truck movements rising from about 60–70 trucks to nearly 100 refrigerated containers on some days. This enables use of Jordan’s road network to redistribute Egyptian goods to several regional markets.
These indicators confirm the government’s ongoing efforts to support Egypt’s foreign trade system and provide logistical alternatives that sustain Egyptian exports.
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Release from Premium Healthcare Group (PHGC.CA) Concerning the Board of Directors & the Executive Managers
Monday 16/03/202611:58:41 AMRead moreRelease from Premium Healthcare Group (PHGC.CA) Concerning the Board of Directors & the Executive Managers
Company Name : Premium Healthcare Group
ISIN Code : EGS72XL1C014
Reuters Code : PHGC.CA
Content :
Release from the company concerning the Board of Directors & the Executive Managers.
Release from the Company (638 KB) -
Periodic Partial Redemption for the Listed Bonds of EFG Hermes Securitization The Third Issuance - Third Program Tranche C November 2029 Fixed Return
Monday 16/03/202611:51:57 AMRead morePeriodic Partial Redemption for the Listed Bonds of EFG Hermes Securitization The Third Issuance - Third Program Tranche C November 2029 Fixed Return
According to the letter received from the MCDR on 15/03/2026 by the periodical partial redemption (installment no. 10) for the listed bonds of EFG Hermes Securitization The Third Issuance - Third Program Tranche C November 2029 Fixed Return.
The total listed value of the bonds after the partial redemption becomes EGP 148,541,999.99 distributed over 1,784,250 bonds at a par value of EGP 83.25178. These modifications will be applied to EGX database effective 17/03/2026 trading session. This bond tranche has been locally rated by MERIS as (A) ، at a fixed annual return rate of 16.10% to be paid after 4 months for the first coupon then will be paid every 3 months then will be paid monthly starting from the 14th month (January 2024).
ISIN Code: EGB69561S326
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Release from Medinet MASR Housing (MASR.CA) Regarding the Board of Directors Decisions
Monday 16/03/202611:46:06 AMRead moreRelease from Medinet MASR Housing (MASR.CA) Regarding the Board of Directors Decisions
Company Name : Medinet MASR Housing
ISIN Code : EGS65571C019
Reuters Code : MASR.CA
Content :
With reference to the announcement published on the trading screens on 15/03/2026 regarding the decisions of the company's Board of Directors in its session held on 12/03/2026, an additional statement was received from the company.
Release from the Company (33 KB) -
ECHEM Plans $11 Bn Petrochemical Projects to Localize 20 Products by 2030
Monday 16/03/202611:10:19 AMRead moreECHEM Plans $11 Bn Petrochemical Projects to Localize 20 Products by 2030
egyptoil-gas
The Egyptian Petrochemicals Holding Company (ECHEM) has unveiled a five-year plan to launch 10 projects targeting the localization of over 20 petrochemical products for domestic and international markets. The plan envisions a total production capacity of 7.5 million tons (mmt) and investments estimated at $11 billion, according to Chairman Alaa El-Din Abdelfattah.
Speaking at the company’s general assembly to approve its investment program for fiscal year (FY) 2026/2027, Abdelfattah highlighted ECHEM’s efforts to deepen integration with the Ministry of Industry, aiming to substitute high-import petrochemical inputs with locally manufactured products.
He reviewed the executive steps planned to advance several projects, including soda ash and silicon derivatives projects in New Alamein, the methanol derivatives project in Damietta, and an Alexandria supply chains project to provide ethane feedstock and gas derivatives for future petrochemical projects.
ECHEM has reached a total production of about 4.2 mmt in 2025, with exports to more than 50 countries, said Abddelfattah, noting that availability of natural gas supplies has helped drive production at existing petrochemical projects to meet the needs of the local market and exports.
During the meeting, Karim Badawi, Minister of Petroleum and Mineral Resources, stressed the importance of directing the petrochemical sector’s efforts toward studying priority needs in the local market while also maximizing opportunities in global markets in a way that supports the localization of new industries, provides feedstock for existing industries, reduces the import bill, increases export revenues, and creates new job opportunities.
Badawi also emphasized the need to adhere to accelerated timelines for implementing key projects, including the Red Sea Petrochemicals Complex, planned for the Ain Sokhna economic zone. He described the complex as a major project with significant production capacity and highlighted its expected contribution to the Egyptian economy.
In April, an Egyptian-Chinese joint venture (JV) was formed to execute the preliminary designs for the complex. The project involved securing a 5-million-square-meter site, establishing basic infrastructure, and signing crude supply agreements with the Egyptian General Petroleum Company (EGPC) and Saudi Aramco. Logistics agreements were also signed with the Arab Petroleum Pipelines Company (SUMED) and Sonker Bunkering Company (Sonker) for product handling, as well as local and international distribution agreements.
Abdelfattah also highlighted efforts to maximize the benefits of existing projects, including the Wood Technology Company (WOTECH), as well as development and expansion projects at companies such as Egyptian Linear Alkyl Benzene Company (ELAB), Misr Fertilizers Production Company (MOPCO), and Sidi Kerir Petrochemicals Company (Sidpec).
He also noted that the Egyptian Petrochemicals Company in Alexandria recently produced medical-grade polyvinyl chloride (PVC) for the first time.
Established in January 2002, ECHEM is one of the holding companies under the Egyptian Ministry of Petroleum, tasked with developing and managing Egypt’s petrochemical industry. -
EGAS to Launch New bid Round in Western Mediterranean
Monday 16/03/202611:09:23 AMRead moreEGAS to Launch New bid Round in Western Mediterranean
egyptoil-gas
The Egyptian Natural Gas Holding Company (EGAS) plans to launch new bid round in 2026, offering natural gas exploration licenses across several areas in the Western Mediterranean, according to Chairman and Executive Managing Director Sayed Selim.
The plan also includes drilling 17 exploratory wells during the upcoming Fiscal Year (FY), and commencing the first phase of the seismic survey project in the Eastern Mediterranean during the second half (H2) of the year.
During the meeting, Minister of Petroleum and Mineral Resources Karim Badawi stated that EGAS plays a pivotal role in securing and sustaining natural gas supplies for all sectors of the state, most notably power plants, industrial sectors, and residential homes.
The meeting reviewed the status of recent exploratory wells, West Denis-1, Sirius, and Jannat-1, alongside preparations to drill four additional wells during the second half of FY 2025/26.
On the production front, EGAS plans to implement 6 new projects and complete 3 others, while placing 51 wells on the production map during FY 2026/27. Work is also underway to implement four projects and complete another, with the addition of 25 wells during H2 of the current FY.
Furthermore, the meeting discussed efforts to meet domestic natural gas demand and secure supplies for the electricity and industrial sectors, as well as projects to reinforce the national gas grid and connect residential units. During the first half (H1) of the current FY, 385,000 housing units were connected, while the plan targets extending gas services to 800,000 units during FY 2026/27.
Within the framework of state directives to alleviate the burden on citizens through the ‘Decent Life’ (Hayah Karima) initiative, which aims to provide gas connections to 841 of the most-needed villages, work has been completed in 675 villages, with the remainder currently being finalized.
Also approximately 43,000 cars were converted to use Compressed Natural Gas (CNG) during H1 of the current FY, with the implementation of the plan ongoing.
During the meeting, Badawi highlighted the importance of early preparation for the summer season by accelerating the connection of new wells to the production map, alongside intensifying well maintenance operations.
The Minister pointed out that current events in the Middle East and their repercussions on energy supplies have underscored the importance of the Floating Storage and Regasification Units (FSRUs) . This serves as an urgent strategic solution to secure the state’s imported liquefied natural gas (LNG) needs, supporting supply stability and meeting the requirements of various sectors, especially during times of crisis.
Established in August 2001, the Egyptian Natural Gas Holding Company (EGAS) is one of the primary state-owned entities under the Ministry of Petroleum and Mineral Resources. The company is tasked with managing Egypt’s natural gas sector, with a strategic focus on expanding exploration and production activities to secure domestic energy needs. -
Ganope Targets EGP 4 Bn Revenue in FY 2026/27
Monday 16/03/202611:08:07 AMRead moreGanope Targets EGP 4 Bn Revenue in FY 2026/27
egyptoil-gas
South Valley Egyptian Petroleum Holding Company (Ganope) targets revenues exceeding EGP 4 billion and net profits surpassing EGP 1 billion in the fiscal year (FY) 2026/27, according to the company’s Chairman, Ashraf Bahaa.
Bahaa said the company continues to implement the Ministry’s strategy aimed at creating promising investment opportunities, encouraging current partners, and attracting new investors. He added that coordination with the Egypt Upstream Gateway (EUG) resulted in offering 16 investment opportunities, with eight exploration and production agreements currently in force covering an area of about 37,000 square kilometers (km²). Plans are also in place to drill five exploratory wells with investments estimated at $33 million, he added.
According to Bahaa, the company is driving investment attraction efforts, including the Red Sea bid round launched in November 2025. The round, set to close in May 2026, comprises four blocks totalling 23,450 km², promoted via global conferences, technical workshops, and geological site visits.
Bahaa further noted that the ongoing 2D seismic survey project in virgin areas west of the Nile and in the southern Western Desert t is expected to support adding these areas to Egypt’s petroleum investment map for the first time.
He added that data acquisition for Area B west of Assiut has been fully completed, and processing has begun, with initial indicators expected in March. Preparations are also underway to conduct seismic surveys in the Dakhla Oasis area.
During the meeting, Badawi commended the company’s operational activities, especially completing seismic survey work in Area B west of Assiut, noting that preliminary results are being prepared for presentation to investors at the Egypt Energy Show (EGYPES) 2026.
Ganope is a state-affiliated petroleum company focused on exploration and production, managing concession areas in the Western Desert, West Nile, and Red Sea regions, and promoting investment opportunities to local and international partners. -
Badawi Inspects Natural Gas Grid Preparation to Ensure Stable Supplies
Monday 16/03/202611:07:06 AMRead moreBadawi Inspects Natural Gas Grid Preparation to Ensure Stable Supplies
egyptoil-gas
Karim Badawi, Minister of Petroleum and Mineral Resources, conducted an unannounced visit to the National Natural Gas Grid Control Center (NATA) at the Egyptian Natural Gas Company (GASCO) headquarters. The visit aimed to inspect the operational status of the national natural gas transmission grid and ensure the regular flow of natural gas supplies across the network to various consumption sectors.
The Minister emphasized the importance of guaranteeing that the needs of the electricity and industrial sectors are met stably and securely. The visit came in continuation of unplanned field visits to monitor progress at production and operation sites, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).
During the visit, Badawi followed up with Mohamed Marzouk, Chairman of GASCO, and the center’s team on current gas pumping rates. He also verified the efficiency of the national grid’s operational status, extending his thanks to the center’s team for their efficient management of the network and their continuous monitoring to secure supplies amidst the current circumstances and their associated challenges.
Furthermore, the Minister reviewed the preparations and operational scenarios prepared in advance to handle any potential variables, as well as to meet the expected increases in consumption rates with the onset of the summer months, thereby enhancing the grid’s readiness and its sustained ability to secure supplies with high efficiency.
Badawi further confirmed the completion of preparations for the natural gas distribution system for residential and commercial consumption, in readiness for the blessed Eid al-Fitr holiday and the accompanying seasonal surge in domestic and commercial gas demand. -
Egypt denies reports of halting exports to Gulf states
Monday 16/03/202611:02:09 AMRead moreEgypt denies reports of halting exports to Gulf states
english.ahram
Egypt’s Ministry of Investment and External Trade said on Sunday that no government decision has been issued to suspend Egyptian exports to Gulf countries, rejecting reports circulated by some news websites and stressing that export flows remain ongoing despite regional logistical disruptions.
In a statement, the ministry said all relevant authorities are operating at full capacity to support the movement of Egyptian exports to foreign markets. It confirmed that export activity has continued without interruption.
The ministry said Safaga Port on the Red Sea has served as an alternative gateway for Egyptian exports affected by the closure of the Strait of Hormuz, enabling shipments to continue reaching Gulf markets via alternative transport routes.
Officials noted that international trade flows may sometimes experience limited and short-term delays in shipments due to fluctuations in shipping and insurance costs or changes in transportation arrangements stemming from regional developments. Such disruptions, the statement added, are handled swiftly through Egypt’s transport and logistics system.
Data from Egyptian ports show that export flows have continued steadily, reflecting Egypt’s foreign trade system's ability to adapt to logistical changes and maintain supply chains.
Minister of Investment and External Trade Hassan El-Khatib has instructed authorities to continue expediting logistics procedures to support exporters, maintain foreign trade activity, and secure alternative routes to sustain Egyptian exports.
Meanwhile, the General Organization for Export and Import Control (GOEIC), headed by Essam El-Naggar, is working to streamline inspection procedures for export consignments and issue conformity certificates in coordination with port authorities and logistics operators to accelerate export clearance and improve shipping efficiency.
The ministry said the land-sea transport route between Safaga Port in Egypt and Duba Port in Saudi Arabia has recorded a notable increase in export traffic between 1 and 15 March 2026 compared with the same period last year.
During the same period in 2025, the route handled 25 trips carrying 2,406 shipments totaling 60,150 tons of goods. On the other hand, between 1 and 15 March 2026, the number rose to 38 trips transporting 4,200 shipments with a total cargo volume of around 105,000 tons—representing an increase of nearly 75 percent in export volumes transported through the corridor.
Under this route, goods are transported by land to Safaga Port, shipped by ferry to Duba Port in Saudi Arabia, and then distributed to Saudi markets and other Gulf destinations.
Average daily traffic along the route is about 500 refrigerated containers, transported on four ferry trips daily. The ferry's average capacity is 12,500 tons. Currently, eight ferries from both public and private sectors operate on the route to accommodate rising export demand.
The ministry said key goods transported along this route include fresh Egyptian fruits and vegetables, as well as some products shipped as part of transit trade operations.
Shipping activity has also increased along the Nuweiba–Aqaba maritime route linking Egypt and Jordan, where the average number of trucks transported daily has risen from around 60–70 trucks to nearly 100 refrigerated containers on some days, enabling Egyptian goods to be redistributed through Jordan’s road network to several regional markets.
The ministry said these indicators reflect ongoing government efforts to support Egypt’s foreign trade system and provide logistical alternatives that sustain Egyptian exports despite regional disruptions.
The clarification comes amid rising regional tensions that have disrupted key maritime trade routes in the Middle East, particularly after shipping risks increased in the Strait of Hormuz, one of the world’s most critical oil and cargo transit chokepoints. The strait handles roughly one-fifth of global oil shipments and a large share of Gulf trade. Therefore, any disruption there can quickly raise shipping and insurance costs and affect supply chains across the region.
For Egypt, the Gulf represents one of the most important destinations for agricultural and food exports, particularly fresh fruits, vegetables, and refrigerated goods, which rely on fast and predictable logistics. Any delays in maritime routes can therefore have immediate implications for exporters and regional supply chains. -
Egypt eases customs procedures for transit cargo at ports amid regional tensions
Monday 16/03/202611:01:02 AMRead moreEgypt eases customs procedures for transit cargo at ports amid regional tensions
english.ahram
Egypt has allowed transit shipments at its ports to complete their customs procedures without prior registration on the Egyptian Customs Authority’s (ECA) Advance Cargo Information (ACI) system amid rising geopolitical tensions affecting international trade, according to a cabinet statement on Sunday.
The exemption from registration on the ACI ahead of arrival at Egyptian ports will continue for three months. In cases where finalizing customs procedures is needed, priority will be given to transit shipments already experiencing schedule delays due to the US-Israel war on Iran, the head of the Egyptian Customs Authority, Ahmed Amoui, said in the statement.
Egypt has also been facing temporary capital-flow pressures and disturbance in international supply chains, especially in the energy sector, since the start of the US-Israel war on Iran and Iran's retaliatory attacks against US targets in several Gulf and Arab states.
Moreover, the exemptions aim to accelerate the movement and shipping of goods to their destinations through Egyptian ports. Minister of Finance Ahmed Kouchouk also confirmed that Egypt is “working to contribute to resolving the supply chain crisis, especially on maritime routes connecting the European Union and the Arabian Gulf, and boost international trade.”
The ACI enables traders to complete customs procedures before the cargo arrives. It allows for quicker and simpler declaration processing and pre-clearance mechanisms. Initially available for seaports, it was recently made available for air cargo in January 2026.
The system gives real-time information on incoming shipments. Importers, brokers, and air-freight agents must register through the Nafeza digital platform, which covers all trade routes.
Companies compliant with ACI requirements receive priority treatment through the Authorised Economic Operator programme.
Furthermore, the ACI helps streamline customs procedures, digitalize operations, and reduce clearance time and costs, boosting Egypt’s trade competitiveness.
It has reduced document authentication costs abroad, eased burdens on businesses, and prevented shipment rejections caused by non-compliance with import specifications.
The ECA has been planning to incorporate artificial intelligence into the ACI to reduce clearance times and improve risk assessment, especially for strategic goods such as food and medicine, to two days, down from an average of five days in 2025. -
Egypt issues 8 golden licenses for $1.2 bln investment projects
Monday 16/03/202610:59:10 AMRead moreEgypt issues 8 golden licenses for $1.2 bln investment projects
english.ahram
The Ministry of Investment and Foreign Trade has issued eight golden licenses for projects across several sectors worth a total of $1.2 billion (EGP 16 billion) in investments, according to a ministry statement on Saturday.
The licenses were granted to projects in the energy, transportation, manufacturing, logistics, and food sectors.
More than 52 companies have received the Golden License as of March, as part of Egypt’s efforts to attract investment in projects that support local production, strengthen the private sector, and increase exports.
The Golden License, introduced under the 2017 Investment Law and officially implemented in September 2022, allows investors to acquire or lease land and operate businesses without additional government approvals.
Also known as the single approval license, it aims to simplify administrative procedures and speed up investment in key sectors. The government has also launched a website to streamline the process as part of a plan to digitize licensing procedures and shorten response times.
Projects granted the license include a gasoline, electric, and hybrid car and a light transport vehicle assembly and manufacturing plant by MAC for Mobility Manufacturing, a subsidiary of Mansour Automotive Manufacturing. The project, worth EGP 6.35 billion ($121.6 million), will be located in New 6th of October City. It is expected to create 1,000 jobs and is scheduled for completion in January 2027.
Another project is a $115.4 million (EGP 6.03 billion) dry port and logistics centre in 10th of Ramadan City by Swiss transport and logistics provider MEDLOG through a public-private partnership. The project will create 650 jobs and is expected to begin operations by 30 June 2027.
The Egyptian Soda Ash Company (ESAC) also received a license to establish a soda ash and sodium bicarbonate production plant worth $680 million (EGP 35.5 billion) on an area of 1.121 million square metres. The project will provide 600 direct jobs and 2,000 indirect jobs and is expected to begin operations by 30 June 2027.
Another license was granted to Egypt’s Al-Alamein Silicon Products Company to establish a $172 million (EGP 8.98 billion) silicon manufacturing and purification facility. The plant will create 250 direct jobs and 2,000 indirect jobs.
In the energy sector, Emirati renewable energy company Masdar, through its UAE–Egypt joint venture Masdar IPH, received a license for a $257.5 million (EGP 13.44 billion) wind power plant. The project is expected to create around 2,000 jobs during the construction and operational phases. Commercial operations are scheduled to begin on 31 May 2027.
Chinese office supplies manufacturer Deli Group will also establish an EGP 8.74 billion ($167.4 million) factory for office, school, and sports supplies in 10th of Ramadan City. The project will provide 2,200 jobs, with operations set to begin by 15 February 2027.
Another Chinese company, Kingdom Linen, will establish and operate a $58 million (EGP 3.03 billion) linen spinning and weaving factory in Sadat City. All of the factory’s production will be exported, and the project is expected to be completed by January 2027.
Egyptian agricultural products company Alamir Group will establish an EGP 1 billion ($19.15 million) manufacturing complex in Sadat City to process and package vegetables and fruits and produce potato paste. The project will create around 400 jobs and is expected to be completed by October 2027.
Egypt has been working to strengthen its manufacturing sector, which is one of five key sectors in its economic narrative. The country aims to achieve economic growth of 7.5 percent by 2030, attract $24.6 billion in annual foreign direct investment (FDI), and increase non-oil exports by 15–20 percent annually.
The government is also reviewing its National Industrial Strategy to introduce measures that support production and investment, improve competitiveness, expand output, and address structural challenges in the manufacturing sector. -
INTERVIEW| IFAD’s $1.1 bln partnership positions Egypt to advance regional food security: Regional director
Monday 16/03/202610:57:59 AMRead moreINTERVIEW| IFAD’s $1.1 bln partnership positions Egypt to advance regional food security: Regional director
english.ahram
Egypt is set to play a leading role in advancing food security and rural development across the Near East and North Africa through its long-standing partnership with the International Fund for Agricultural Development (IFAD), which has mobilized more than $1.1 billion in investments to support agricultural productivity, climate resilience, and rural livelihoods, according to Naoufal Telahigue, IFAD’s regional director for the Near East, North Africa, Europe, and Central Asia.
In an interview with Ahram Online, Telahigue said Egypt’s experience in agricultural innovation, research, and rural development positions it as a key hub for knowledge sharing and cooperation across the region. Ongoing programmes are expected to expand income opportunities for farmers and strengthen food systems amid growing economic and climate challenges.
Ahram Online: Egypt is one of IFAD’s leading partners in the region. How do you see its role evolving within the fund’s broader strategy for the Near East and North Africa?
Naoufal Telahigue: Egypt is a founding member of IFAD. The partnership between Egypt and IFAD dates back to 1977, the fund’s inaugural year.
Since then, the country has become IFAD’s largest partner in the region, with a current investment portfolio valued at approximately $1.1 billion. Over the decades, these programmes, both past and ongoing, have reached and positively impacted more than seven million people across rural Egypt.
This long-standing partnership reflects a shared commitment to advancing rural development and strengthening food security in the country and the Near East and North Africa region.
Within IFAD’s regional strategy, Egypt is well-positioned to play a leading role not only nationally, but also across the region, as a producer of key agricultural commodities and a centre for agricultural knowledge, innovation, and cooperation.
Through targeted investments in food systems and rural livelihoods, IFAD aims to support Egypt in reinforcing national resilience, while enhancing its contribution to regional food security.
Egypt’s fertile agricultural lands, extensive fisheries, and well-established research institutions provide a solid foundation for agricultural growth. Additionally, the experience we gain from working in Egypt provides multiple opportunities for knowledge sharing with other countries in the region and beyond.
AO: The partnership has mobilized over $1.1 billion in investments. How does IFAD ensure these funds deliver lasting economic returns rather than short-term relief?
NT: IFAD’s approach is centred on long-term rural transformation rather than short-term projects. This begins with the Country Strategic Opportunities Programme, which aligns IFAD’s investments with Egypt’s national development priorities and is formulated through close consultation with government institutions, rural communities, and private-sector partners.
Projects are designed to generate sustainable outcomes, including higher agricultural productivity, stronger and more competitive value chains, improved access to finance, and more climate-resilient livelihoods.
Throughout implementation, IFAD places strong emphasis on monitoring, evaluation, and learning to ensure progress is carefully tracked and impact is rigorously assessed.
Equally critical is adaptability. Through regular engagement with the government, IFAD adjusts project strategies in response to evolving circumstances, whether related to climate variability, market dynamics, or broader economic conditions. This combination of strategic alignment, robust oversight, and adaptive management helps ensure that investments generate durable economic and social benefits for rural communities.
AO: Programmes like STAR, PRIDE, and SAIL are central to Egypt’s agricultural transformation. Which of these do you expect will have the most immediate impact on rural livelihoods? And why?
NT: IFAD and Egypt implemented 15 projects, including these three ongoing programmes: STAR, PRIDE, and SAIL, each playing a complementary role in advancing Egypt’s agricultural transformation.
The Sustainable Transformation for Agricultural Resilience in Upper Egypt (SAIL) project has been active for nearly a decade in the newly reclaimed agricultural lands of Middle and Upper Egypt.
With investments exceeding $57 million, the project has reached more than 160,000 people through initiatives such as irrigation rehabilitation, solar-powered pumping systems, climate-smart agricultural practices, rangeland restoration, and expanded access to finance for micro and small enterprises, particularly benefiting women and actors along agricultural value chains.
The Promoting Resilience in Desert Environments (PRIDE) project focuses on the coastal areas of Matrouh Governorate and targets approximately 210,000 people.
With investments of around $62 million, it supports water-harvesting infrastructure, rangeland and wadi development, and essential rural infrastructure, while also strengthening women’s economic participation through handicraft training, literacy programmes, and livestock support.
The Sustainable Agriculture Investments and Livelihoods Project (STAR) operates in the governorates of Minya, Assiut, and Sohag with a budget of roughly $64 million. It expands access to finance for rural communities, promotes modern irrigation systems, enhances production practices across key value chains, and improves farmers’ access to markets.
Rather than one programme standing apart, it is the collective impact of these initiatives that drives meaningful change through improving productivity, strengthening resilience, and expanding income opportunities for rural households.
AO: Egypt is working to link small farmers with value chains and agri-tech solutions. How does IFAD plan to attract private-sector partners to projects that have traditionally been donor-driven?
NT: Private-sector engagement has become increasingly central to IFAD’s approach, as it brings not only capital but also innovation, technical expertise, and access to markets.
In Egypt, IFAD promotes collaboration among governments, producers, and private companies through its Public-Private-Producer Partnership (4P) model. One example is the “market opportunity bank,” which connects farmers directly with buyers and facilitates supply contracts that benefit both smallholders and agribusinesses.
In parallel, IFAD is expanding the use of non-sovereign operations and direct investments in private enterprises to attract mission-aligned investors and help de-risk rural investments. Through blended finance, equity participation, and risk-sharing mechanisms, IFAD scales agri-tech solutions, strengthens agricultural value chains, and creates sustainable market opportunities for smallholder farmers.
AO: As IFAD plays a leading role in supporting rural and agricultural development, what are the biggest challenges in aligning international financiers with Egypt’s national priorities?
NT: One of the most significant challenges arises from global economic volatility. Conflicts and geopolitical tensions continue to disrupt supply chains and drive up the costs of food, energy, and agricultural inputs.
At the same time, fiscal pressures in many countries have constrained both public and private investment in agriculture and climate resilience.
In this context, IFAD works closely with the Egyptian government and development partners to ensure that investments remain aligned with national priorities. Demonstrating tangible development impact, such as improved rural livelihoods, more resilient value chains, and climate-smart agricultural practices, helps build confidence among international financiers.
Ultimately, clear results, sound risk management, and strong national ownership are essential to ensuring that development finance continues to support long-term growth and food security.
AO: Looking ahead to 2030, what would success look like for IFAD’s partnership with Egypt: poverty reduction, export growth, or a full transformation of rural economies?
NT: Success by 2030 would be defined by a broad transformation of rural economies, one that delivers both economic growth, job creation, and greater social inclusion.
Agriculture remains central to Egypt’s development, contributing around 11 percent of GDP and employing more than a quarter of the workforce. However, with rising population pressures and limited natural resources, particularly water and arable land, improving productivity and sustainability will be critical.
IFAD’s partnership with Egypt aims to support this transformation by strengthening rural skills, expanding access to finance and technology, promoting climate-resilient farming practices, and encouraging the sustainable management of natural resources. The objective is to foster vibrant rural economies in which farmers and rural entrepreneurs can increase their incomes while contributing to national food security.
AO: Given the ongoing regional escalation in the Middle East, how is IFAD adjusting its strategy in Egypt to ensure agricultural projects remain resilient?
NT: Amid regional volatility, IFAD works closely with government institutions and development partners to ensure that agricultural programmes remain resilient and responsive.
Projects are designed with built-in flexibility so they can adapt to disruptions affecting food supply chains, markets, or agricultural inputs. IFAD also places strong emphasis on strengthening local value chains, improving access to finance and services, and promoting climate-resilient agricultural practices.
This collaborative and adaptive approach helps safeguard smallholder farmers and ensures that rural development programmes continue to deliver results even in uncertain regional conditions.
AO: With rising regional tensions affecting trade and investment flows, what role can IFAD play in helping Egypt strengthen food security and maintain continuity in agricultural development programmes?
NT: IFAD brings extensive experience from operating in different environments around the world. This expertise enables the organization to design risk-informed and flexible interventions that sustain food security and rural livelihoods even during periods of global or regional instability.
In Egypt, this involves close collaboration with national authorities and development partners to anticipate potential disruptions and strengthen the resilience of agricultural systems.
By supporting farmers’ access to markets, finance, technology, and climate-resilient practices, IFAD helps ensure that rural communities remain productive and that food systems continue functioning despite regional uncertainty. -
El Arabia for Land Reclamation (EALR.CA) - AGM Minutes (after Certification)
Monday 16/03/202610:23:12 AMRead moreEl Arabia for Land Reclamation (EALR.CA) - AGM Minutes (after Certification)
Company Name : El Arabia for Land Reclamation
ISIN Code : EGS65771C015
Reuters Code : EALR.CA
Content :
AGM minutes after certification held on 27/12/2025
Assembly Date : 27/12/2025
AGM Minutes (after Certification) (7,354 KB)
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Al Tawfeek Leasing Company-A.T.LEASE (ATLC.CA) - AGM Minutes (before Certification)
Monday 16/03/202610:18:58 AMRead moreAl Tawfeek Leasing Company-A.T.LEASE (ATLC.CA) - AGM Minutes (before Certification)
Company Name : Al Tawfeek Leasing Company-A.T.LEASE
ISIN Code : EGS676N1C015
Reuters Code : ATLC.CA
Content :
AGM minutes before certification
Assembly Date : 15/03/2026
AGM Minutes (before Certification) (997 KB) -
Sharjah Chamber’s Tijarah 101 records strong entrepreneurial activity with 100% occupancy in Khorfakkan
Monday 16/03/202610:18:19 AMRead moreSharjah Chamber’s Tijarah 101 records strong entrepreneurial activity with 100% occupancy in Khorfakkan
(WAM) --
The Small and Medium Enterprises Centre “Tijarah 101”, affiliated with the Sharjah Chamber of Commerce and Industry (SCCI), reported significant achievements during the first quarter of 2026.
The Centre reached full occupancy at its Khorfakkan headquarters and successfully attracted a diverse portfolio of innovative entrepreneurial ventures led by Emirati men and women.
This progress further strengthens the Centre’s role in advancing economic empowerment initiatives for youth and women across the Emirate of Sharjah.
The achievements of Tijarah 101 reflect the Sharjah Chamber’s commitment to strengthening an integrated institutional ecosystem that supports entrepreneurship. This includes providing advanced infrastructure and comprehensive training programmes designed to effectively integrate young talents into the private sector.
These developments coincide with SCCI recording a 14% growth in memberships last year, offering members of Tijarah 101 access to an extensive business network that supports their expansion and growth across both local and international markets.
Tijarah 101 has successfully attracted a diverse portfolio of entrepreneurial projects spanning high-potential sectors, including information technology, digital economy, food and hospitality, logistics services, and light industries. This sectoral diversity highlights the Centre’s position as a flexible and inclusive economic incubator that supports a wide spectrum of projects, contributing to the diversification and sustainable growth of Sharjah’s local economy.
Mohamed Ahmed Amin Al Awadi, Director-General of SCCI, stated that the outstanding performance of Tijarah 101 Centre reflects the success of the strategic vision underpinning its establishment in 2019.
He added that this vision is based on providing an integrated incubating environment that enables Emirati youth to transform their ambitions into sustainable economic ventures.
Al Awadi noted that the Sharjah Chamber is committed to mobilising all its capabilities and specialised centres to support entrepreneurs, enabling them to achieve their professional goals and contribute to the broader national development agenda.
Meanwhile, Mona Omran Ali, Director of the Small and Medium Enterprises Centre (Tijarah 101), announced plans to establish a new branch in Sharjah’s Eastern Region, building on the success attained by the Khorfakkan branch, which was inaugurated in April 2024 and achieved full occupancy within a short period.
She said that the planned expansion reflects the Centre’s commitment to supporting entrepreneurs across all cities and regions of Sharjah, highlighting the increasing demand for membership at the Centre’s main branch in Sharjah.
She added that the growing number of members demonstrates the success of the Sharjah Chamber’s initiatives and the strong confidence young entrepreneurs place in the Centre’s training programmes and integrated services.
As part of its capacity-building efforts, the Tijarah 101 Centre delivers a range of specialised training programmes aimed at enabling young entrepreneurs to professionally manage and scale their ventures. The Centre operates on the principle that knowledge constitutes the most valuable asset and the true capital of the modern economy.
The training portfolio includes programmes in exhibition management, reflecting Sharjah’s position as a regional and global hub for exhibitions and conferences. It also covers tax auditing and collection addressing evolving tax regulations, alongside e-commerce programmes that support digital transformation.
Additional training areas include translation, design, graphic production, and hospitality services. These programmes equip entrepreneurs with the practical knowledge required to compete effectively in the market, ensure regulatory compliance for emerging ventures, and facilitate expansion into broader markets through efficient and well-managed operational planning.
Tijarah 101 Centre actively integrates its members into major promotional events to connect small and medium enterprises with both local and international markets. This approach leverages the Sharjah Chamber’s institutional ecosystem and the exhibitions hosted at Expo Centre Sharjah.
Members of Tijarah 101 are also engaged in key events such as the Sharjah Entrepreneurship Festival and the Graduates Festival, among other initiatives that provide entrepreneurs with access to high-visibility exhibition spaces. These platforms enable members to showcase their ventures to a wider audience, thereby strengthening brand exposure and credibility, benefits that are often difficult to attain through standalone marketing initiatives.
The Centre conducts ongoing advisory seminars to strengthen investment and business awareness among entrepreneurs, while showcasing the range of facilities and services available within its support ecosystem.
Tijarah 101 also provides a conducive incubation environment designed to help entrepreneurs transform their ideas into viable and sustainable businesses. The Centre offers fully equipped commercial offices and meeting rooms fitted with advanced technologies, in addition to specialised workshops for members. These initiatives enhance the institutional maturity of startups and strengthen their readiness for funding opportunities and long-term business growth. -
UAE FinTech sector set to reach $5.71 billion by 2029 amid rapid innovation growth
Monday 16/03/202610:17:16 AMRead moreUAE FinTech sector set to reach $5.71 billion by 2029 amid rapid innovation growth
(WAM) --
The UAE continues to strengthen its position as one of the world’s leading centres in the financial technology (FinTech) sector, benefiting from an integrated ecosystem that combines advanced digital infrastructure, flexible regulatory frameworks, and the flow of global investments, in addition to the presence of leading financial and technology institutions.
These factors have contributed to transforming the country into a platform for developing innovative financial solutions in areas such as digital payments, digital banking services, embedded finance, and digital assets, with expectations of accelerated market growth in the coming years.
Both the Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM) serve as two main hubs for the sector’s growth, hosting hundreds of companies operating in financial technology, artificial intelligence, and innovation.
Experts in the financial technology sector have confirmed that the coming phase will witness an acceleration in the adoption of technologies such as digital payments, the cashless economy, digital banking services, embedded finance, digital assets, and blockchain technologies, in addition to the use of artificial intelligence in data analysis, risk management, and the customisation of financial services.
Amit Dua, President of SunTec Business Solutions, said that the financial technology sector in the UAE has witnessed rapid growth in recent years, transforming from an emerging sector into a fundamental pillar within the country’s financial ecosystem, benefiting from an advanced regulatory environment and robust digital infrastructure that supports innovation and attracts investments.
He added that the UAE has today become home to a growing community of startups, global financial institutions, and technology solution providers, offering a variety of services including digital payments, regulatory technologies, financial automation, and financial infrastructure.
Mohammed Ali Yusuf, co-Founder and CEO of Fuze, said that the UAE has quickly succeeded in establishing its position as a global centre for virtual assets by building integrated regulatory frameworks that support responsible innovation and promote safe market adoption. This approach has enabled digital assets to become part of the main financial ecosystem and has contributed to consolidating the country’s position as a leading platform for future financial infrastructure.
Digital assets also provide a wide range of uses, such as faster settlements, more efficient cross-border payments, programmable finance, and advanced financial services. In this field, the UAE is setting global standards to be emulated.
According to the FinTech 2025 Industry Report by Emirates NBD and PwC, FinTech startups in the country attracted investments amounting to nearly US$265 million in 2024, equivalent to one-third of the total funding granted to startups in the country.
The report expects the size of the FinTech market in the country to grow from US$3.16 billion in 2024 to $5.71 billion by 2029, supported by widespread consumer adoption of FinTech innovations, investor confidence in the opportunities offered by the local market, and the strength of partnerships between the public and private sectors. -
Italy’s industrial output falls 0.6% in January
Monday 16/03/202610:16:23 AMRead moreItaly’s industrial output falls 0.6% in January
(WAM) --
Italy’s industrial output declined 0.6% in January compared to December, according to data released by national statistics agency ISTAT on Friday.
ISTAT also revised December’s industrial output data, showing a 0.5% decrease compared to the previously reported 0.4% fall.
On a work day - adjusted, year-on-year basis, industrial output fell 0.6% in January. -
International Company For Leasing (IncoLEASE) (ICLE.CA) - Decisions of the Company's Board of Directors
Monday 16/03/202610:15:23 AMRead moreInternational Company For Leasing (IncoLEASE) (ICLE.CA) - Decisions of the Company's Board of Directors
Company Name : International Company For Leasing (IncoLEASE)
ISIN Code : EGS67001C015
Reuters Code : ICLE.CA
Content :
Decisions of the company's Board of Directors at its meeting held on 12/03/2026 and extended to the meeting of 15/03/2026.
The BoD Decisions (119 KB) -
Correction from Gourmet Egypt.Com Foods (GOUR.CA) Regarding the Company's Regulatory Framework
Monday 16/03/202610:12:52 AMRead moreCorrection from Gourmet Egypt.Com Foods (GOUR.CA) Regarding the Company's Regulatory Framework
Company Name : Gourmet Egypt.Com Foods
ISIN Code : EGS540S1C014
Reuters Code : GOUR.CA
Content :
With reference to the announcement published on trading screens on 15/02/2026 regarding the company's regulatory framework, a correction was received from the company.
Release from the Company (476 KB) -
GCC Stat: GCC countries strengthen their global position in energy sector — rising oil reserves, stable gas production, progress in energy transition
Monday 16/03/202610:08:50 AMRead moreGCC Stat: GCC countries strengthen their global position in energy sector — rising oil reserves, stable gas production, progress in energy transition
(WAM) --
Data issued by the GCC Statistical Centre (GCC Stat) indicate that GCC countries continue to consolidate their position as one of the most influential hubs in global energy markets, supported by a broad base of natural resources, advanced infrastructure, and accumulated expertise in managing this vital sector.
The Gulf energy strategy is no longer limited to production and export alone; it has increasingly shifted toward more comprehensive approaches based on diversifying energy sources, enhancing production efficiency, and expanding renewable energy projects.
The data released by the GCC Statistical Centre provide an analytical overview of the performance of the energy sector in the region. The value added of the Gulf oil sector at current market prices reached about USD 561.2 billion in 2024, contributing 24.0% to GDP, while the value added at constant prices reached USD 541.9 billion, accounting for 29.3% of GDP.
The data indicate a 5.4% decline in crude oil production in 2024, reaching 16.1 million barrels per day, compared with 17.0 million barrels per day in 2023. Crude oil exports also declined by 7.2%, reaching 11.5 million barrels per day, compared with 12.3 million barrels per day in the previous year.
The Centre presents a comprehensive reading of the performance of the oil, gas, and renewable energy sectors in the GCC countries through its publication “Energy Statistics”, which indicates stability in gas production and an increase in reserves.
According to the data, marketed natural gas production recorded a slight decrease of 0.4%, reaching 442.0 billion cubic meters, compared with 443.8 billion cubic meters in 2023.
The report also shows that the average annual growth rate of crude oil reserves during 2020–2024 reached 30.7%, while the average annual growth rate of natural gas reserves reached 1.0%.
In 2024, GCC countries recorded reserves of 511.9 billion barrels of crude oil and 44.3 trillion cubic meters of natural gas.
According to global energy indicators for 2024, GCC countries contributed 21.8% of global crude oil production and 26.6% of its exports.
Their contribution also reached 10.0% of global marketed natural gas production and 13.5% of its exports.
GCC countries hold 32.7% of global oil reserves and 21.2% of global natural gas reserves.
The report reveals that the total renewable energy capacity in GCC countries reached 14.2 gigawatts in 2024, representing only 0.3% of global capacity.
In addition, GCC electricity interconnection projects achieved economic savings of USD 540.5 million, while the volume of electricity exchanged among member states reached 1,795.9 gigawatt-hours. -
CBUAE issues silver commemorative coin in celebration of Emirati Children’s Day
Monday 16/03/202610:07:44 AMRead moreCBUAE issues silver commemorative coin in celebration of Emirati Children’s Day
(WAM) --
The Central Bank of the United Arab Emirates (CBUAE) has issued silver commemorative coins in celebration of Emirati Children’s Day, which falls on 15 March of each year.
The obverse side of the silver coin features the nominal value of “15 dirhams” as a symbolic reference to the date of the occasion, surrounded by the inscription “Central Bank of the UAE” in both Arabic and English.
The reverse side showcases the official theme of the occasion, represented by the phrase “The Right to Identity and National Culture”, accompanied by an artistic illustration of a fort, reflecting Emirati history and emphasising the child’s connection to their national roots and values.
On this occasion, Saif Humaid Al Dhaheri, Assistant Governor for Banking Operations and Support Services at the CBUAE, said: “This issuance reflects the CBUAE’s commitment to supporting national initiatives that contribute to strengthening the Emirati identity and reinforcing the values of belonging and citizenship within the community.
“It also highlights the CBUAE’s appreciation for the pivotal role played by the Supreme Council for Motherhood and Childhood in safeguarding and nurturing children, strengthening their understanding of their national identity, and fostering the principles of loyalty and belonging among younger generations. These efforts contribute to the development of a cohesive society that remains firmly rooted in its authentic values and rich cultural heritage.”
A total of 2,000 coins, each weighing 28 grams of silver, have been issued. The coin will be made available for purchase, with the CBUAE announcing the release date and purchasing mechanism at a later time through its official website and social media channels. -
China industrial output rises 6.3 percent in first two months of 2026
Monday 16/03/202610:07:16 AMRead moreChina industrial output rises 6.3 percent in first two months of 2026
(WAM) --
China's value-added industrial output rose 6.3 percent year on year in the first two months of 2026, according to data released Monday by the National Bureau of Statistics (NBS).
NBS data also showed that retail sales of consumer goods in China increased 2.8 percent year on year during the January-February period of 2026, according to Xinhua. -
Trading of Insiders, Major Shareholders & Their Related Parties on Listed Companies: Trading Session 15/03/2026
Monday 16/03/202610:07:08 AMRead moreTrading of Insiders, Major Shareholders & Their Related Parties on Listed Companies: Trading Session 15/03/2026
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Gold prices fall 0.2% Monday
Monday 16/03/202610:06:51 AMRead moreGold prices fall 0.2% Monday
(WAM) --
Gold edged lower on Monday, weighed down by waning hopes of near term US interest rate cuts due to elevated energy prices, while a softer dollar helped limit losses.
Spot gold was down 0.2 percent at $5,007.58 per ounce, as of 02:40 GMT.
US gold futures for April delivery fell 1 percent to $5,011.10.
Spot silver fell 1.2 percent to $79.57 per ounce.
Spot platinum gained 0.8 percent to $2,042.98 and palladium rose 1 percent to $1,566.91.
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Al Mal Capital REIT announces final dividend distribution of 3.75 fils per unit for H2 2025
Monday 16/03/202610:06:16 AMRead moreAl Mal Capital REIT announces final dividend distribution of 3.75 fils per unit for H2 2025
(WAM) --
Al Mal Capital REIT (AMCREIT), the first REIT listed on the Dubai Financial Market, announced on Monday that the REIT will distribute a final dividend of 3.75 fils per unit for the second half of the financial year ended 31st December 2025, amounting to a total distribution of AED26,295,540 million.
The expected payment date for the distribution is 9th April 2026, subject to customary administrative procedures.
The announcement follows a year of key strategic milestones for AMC REIT. In 2025, the REIT successfully completed its capital increase through a Follow-On Public Offering, raising approximately AED206 million and strengthening the fund’s equity base to support future growth.
During the year, the REIT also expanded its portfolio through the acquisition of NMC Royal Hospital & Falcon House real estate assets, marking its first investment in the healthcare sector and further diversifying the REIT’s portfolio alongside its existing education assets.
Following this acquisition, AMC REIT’s portfolio now comprises seven income-generating assets across the education and healthcare sectors, supported by long-term leases with strong counterparties.
The portfolio continues to benefit from stable and predictable cash flows, with a portfolio value of approximately AED1.4 billion and a weighted average unexpired lease term (WAULT) of approximately 16 years.
During the year, the REIT also refinanced certain financing facilities, improving the maturity profile of its debt and reducing financing costs.
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Finance Minister grants exceptional customs facilities for transit shipments at ports
Monday 16/03/202610:04:26 AMRead moreFinance Minister grants exceptional customs facilities for transit shipments at ports
dailynewsegypt
Egypt’s Minister of Finance Ahmed Kouchouk has announced that exceptional customs facilities have been introduced for transit shipments at Egyptian ports, allowing procedures to be completed without requiring pre-registration under the Advance Cargo Information (ACI) system.
Kouchouk said the decision aims to facilitate the movement of goods through Egyptian ports to their final destinations, helping ensure smoother trade flows during the current period.
He added that the government is working to help address supply chain disruptions between the European Union and the Gulf region, while supporting the continuity of international trade.
For his part, Ahmad Amawi, the head of the Egyptian Customs Authority, said the decision to exempt transit shipments from Advance Cargo Information pre-registration will remain in effect for three months. He added that priority will be given within customs procedures to accelerate the clearance of such shipments.
Amawi noted that the facilitations apply both to goods currently stranded and to shipments dispatched after the outbreak of the Iranian war, in a move aimed at supporting international trade and easing pressure on global supply chains. -
El Kahera Housing (ELKA.CA) Reports Year Ended 31/12/2025 Consolidated Results
Monday 16/03/202610:03:01 AMRead moreEl Kahera Housing (ELKA.CA) Reports Year Ended 31/12/2025 Consolidated Results
Company Name : El Kahera Housing
ISIN Code : EGS65071C010
Currency : EGP
F/S Consolidated Period : From 01/01/2025 To 31/12/2025
Net Profit : 598,717,448
F/S Consolidated Period : From 01/01/2024 To 31/12/2024
Net Comparative Profit : 1,176,239,345
Audit Status : Audited
Comment : Taking into consideration the rights of the minority
Source : El Kahera Housing
The Corporates governance Report (5,789 KB)
The BoD Report (2,268 KB)
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Resource id #980
- Arab Developers Holding0.22300.2210 |
- Gogreen for Agricultural Investment2.102.27 |
- Dice Sport & Casual Wear1.841.78 |
- Premium HealthCare Group0.08500.0860 |
- Macro Group Pharmaceuticals -Macro Capital1.361.33 |
- QALA For Financial Investments3.623.61 |
- Fawry For Banking Technology And Electronic Payment17.5216.70 |
- Heliopolis Housing5.505.29 |
- Giza General Contracting0.54700.5310 |
- Beltone Holding2.892.84 |
- Amer Group Holding1.841.80 |
- Arabia Investments Holding0.32600.3220 |
- Orascom Investment Holding1.231.23 |
- Alexandria Mineral Oils Company8.989.20 |
- Gadwa For Industrial Development0.76100.7620 |
- Mansourah Poultry1.531.51 |
- Arab Co. for Asset Management And Development1.891.89 |
- Raya Holding For Financial Investments5.215.10 |
- Bonyan for Development and Trade4.114.03 |
- Al Khair River For Development Agricultural Investment&Envir0.62500.6210 |
- Palm Hills Development Company8.608.20 |
- Ibnsina Pharma10.3410.23 |
- Creast Mark For Contracting And Real Estate Development0.56600.5520 |
- Tenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda4.344.32 |
- Elsaeed Contracting& Real Estate Investment Company SCCD1.341.34 |
- Aspire Capital Holding For Financial Investments0.28200.2790 |
- Copper For Commercial Investment & Real Estate Development0.30300.3040 |
- GB Corp24.0824.05 |
- O B Financial Holding0.520.52 |
- Universal For Paper and Packaging Materials (Unipack0.26700.2660 |
- Industrial & Engineering Projects0.41100.4050 |
- Gulf Canadian Real Estate Investment Co.1.321.31 |
- Arabia for Investment and Development0.46500.4580 |
- Integrated Engineering Group S.A.E0.45100.4570 |
- Valmore Holding-EGP3232.67 |
- Commercial International Bank-Egypt (CIB)119.65117.20 |
- GPI For Urban Growth0.71600.7110 |
- Egyptian Chemical Industries (Kima)11.9512 |
- U Consumer Finance10.7110.12 |
- Gourmet Egypt.Com Foods11.0310.96 |
- Orascom Development Egypt2524.55 |
- Lotus For Agricultural Investments And Development0.52900.5270 |
- E-finance For Digital and Financial Investments18.7018.25 |
- Misr Fertilizers Production Company - Mopco43.1243.20 |
- El Arabia Engineering Industries1.821.80 |
- EFG Holding25.4725.02 |
- Iron And Steel for Mines and Quarries7.267.21 |
- Atlas For Investment and Food Industries1.691.70 |
- T M G Holding76.1373.81 |
- MM Group For Industry And International Trade7.577.54 |
- Extracted Oils8.608.41 |
- Digitize for Investment And Technology2.792.79 |
- Cairo Oils & Soap1.331.32 |
- Act Financial2.652.61 |
- Sidi Kerir Petrochemicals - SIDPEC17.5017.51 |
- Electro Cable Egypt2.082.06 |
- Eastern Company37.5037.10 |
- Abu Dhabi Islamic Bank- Egypt39.5837.50 |
- Al Tawfeek Leasing Company-A.T.LEASE4.694.57 |
- Speed Medical0.33600.3340 |
- The Egyptian Modern Education Systems0.84600.8610 |
- Egyptian Real Estate Group1.081.07 |
- Egyptians Housing Development & Reconstruction2.072.05 |
- Zahraa Maadi Investment & Development5.335.22 |
- The Arab Ceramic CO.- Ceramica Remas1.061.04 |
- Cleopatra Hospital Company12.6012.50 |
- Alexandria Containers and goods31.4032 |
- Export Development Bank of Egypt16.0916 |
- Madinet Masr For Housing and Development5.425.31 |
- Abou Kir Fertilizers87.7586.67 |
- Prime Holding21.99 |
- El Kahera Housing1.091.08 |
- Sabaa International Company for Pharmaceutical and Chemical3.253.20 |
- Arab Moltaka Investments Co5.405.33 |
- Barbary Investment Group ( BIG)0.170.1680 |
- Arabian Cement Company45.6945.70 |
- TAWASOA For Factoring6.307 |
- International Agricultural Products19.5018.37 |
- Medical Packaging Company1.501.49 |
- Canal Shipping Agencies27.7928.06 |
- Juhayna Food Industries25.9026 |
- Telecom Egypt81.7081 |
- El Wadi For International and Investement Development1.631.60 |
- Remco for Touristic Villages Construction3.623.54 |
- Egyptian for Tourism Resorts7.257.15 |
- El Badr Investment And Development BID1.381.32 |
- M.B Engineering4.244.05 |
- Emaar Misr for Development9.029 |
- Egyptian Transport (EGYTRANS)7.297.20 |
- ODIN Investments1.751.74 |
- Obour Land For Food Industries21.7721.41 |
- International Company For Fertilizers & Chemicals15.7115.40 |
- Egypt for Poultry8.118 |
- Novida for Investment and Technology2.642.60 |
- Nasr Company for Civil Works4.404.43 |
- Sinai Cement57.0856.65 |
- Egypt Aluminum308.08299.50 |
- Memphis Pharmaceuticals154.34152.98 |
- Arab Development & Real Estate Investment5.405.09 |
- Arab Valves Company7.767.95 |
- Raya Customer Experience8.488.37 |
- Contact Financial Holding44 |
- Egyptian Gulf Marseilia For Real Estate Investment3.903.90 |
- El Ahram Co. For Printing And Packing12.6712.80 |
- Sharkia National Food10.2310.32 |
- Fitness Prime1.201.22 |
- Arab Real Estate Investment CO.-ALICO2.392.34 |
- Delta For Printing & Packaging104.98107.06 |
- Misr National Steel - Ataqa8.258.20 |
- El-Nile Co. For Pharmaceuticals And Chemical Industries95.8695.15 |
- Kafr El Zayat Pesticides9.799.84 |
- Ceramic & Porcelain15.3514.99 |
- Ismailia Misr Poultry12.9312.79 |
- Taqa Arabia12.9212.88 |
- El Nasr Clothes & Textiles (Kabo)65.91 |
- El Shams Housing & Urbanization7.016.91 |
- Al Baraka Bank Egypt18.3218 |
- The Arab Dairy Products Co. Arab Dairy - Panda3.513.48 |
- Cairo Poultry31.4130.44 |
- Six of October Development & Investment (SODIC)17.7017.54 |
- Vertika for Industry & Trade5.415.66 |
- International company For Medical Industries -ICMI11.2611 |
- Heibco for commercial investments & real estate development7.187.16 |
- Oriental Weavers22.2922.10 |
- Valmore Holding0.70900.7060 |
- Lecico Egypt23.8623.87 |
- El Obour Real Estate Investment35.2335.10 |
- Grand Investment Capital56.3155.07 |
- Northern Upper Egypt Development & Agricultural Production2.162.19 |
- Egyptian Gulf Bank0.38500.3750 |
- ARAB POLVARA SPINNING & WEAVING CO.8.418.01 |
- South Valley Cement7.467.39 |
- Sharm Dreams Co. for Tourism Investment38.0137.63 |
- Al Fanar Contracting Construction Trade Import And Export Co7.608.39 |
- Edita Food Industries S.A.E27.5727.69 |
- First Investment Company And Real Estate Development2.572.45 |
- Misr Chemical Industries34.2534.11 |
- International Business Corporation For Trading and Agencies10.6910.54 |
- Mena Touristic & Real Estate Investment4.704.66 |
- Alexandria Spinning & Weaving (SPINALEX)1413.88 |
- Egyptian Arabian(Themar)Comp. For Securities&Bonds Brok. EAC32.94 |
- Credit Agricole Egypt22.9322.38 |
- Egyptian Media Production City26.6226.49 |
- Natural Gas & Mining Project (Egypt Gas)41.3341.50 |
- Pioneers Properties For Urban Development - PRE Group4.104.07 |
- Arab Aluminum20.5920.14 |
- Orascom Construction PLC463.20458 |
- International Co For Investment & Development3.573.55 |
- Osool ESB Securities Brokerage1.571.57 |
- El Orouba Securities Brokerage1.171.17 |
- AJWA for Food Industries company Egypt119.48126.49 |
- Egyptian International Pharmaceuticals (EIPICO)80.1378.53 |
- Egyptian Iron & Steel31.1331.04 |
- Maridive & oil services0.41700.4150 |
- ELSWEDY ELECTRIC78.5478 |
- Alexandria National Company for Financial Investment101.6297.07 |
- Nozha International Hospital12.4712.34 |
- Delta Sugar47.4348.21 |
- Tanmiya for Real Estate Investment4.364.35 |
- National Printing21.0220.99 |
- A Capital Holding7.527.53 |
- Arab Cotton Ginning7.777.75 |
- GMC GROUP FOR INDUSTRIAL COMMERCIAL & FINANCIAL INVESTMENTS1.641.64 |
- El Ahli Investment and Development32.6132.35 |
- FERCHEM MISR CO. FOR FERTILLIZERS & CHEMICALS77.7077.28 |
- Qatar National Bank39.2039.18 |
- Housing & Development Bank113.75112.46 |
- Misr Cement (Qena)177.21178.90 |
- Cairo For Investment And Real Estate Developments-CIRA Edu17.5717.49 |
- General Company For Land Reclamation,Development & Reconstru164.32164.96 |
- Golden Textiles & Clothes Wool42.0442.25 |
- Arabian Food Industries DOMTY24.1923.76 |
- EGX 30 INDEX ETF52.1751.07 |
- El Kahera El Watania Investment55.5354.83 |
- Misr Kuwait Investment & Trading Co.3.063.06 |
- El Arabia for Land Reclamation368.07367.11 |
- Rubex International for Plastic and Acrylic Manufacturing9.019.01 |
- Certificates Of Odin Egyptian Equity Investment Fund-KASAB3.443.44 |
- B Investments Holding39.0938.61 |
- GTEX For Commercial And Industrial0.03300.0330 |
- The United Bank13.3913.44 |
- Development & Engineering Consultants73.8673.63 |
- ASEC Company For Mining - ASCOM40.1739.98 |
- Rowad Tourism (Al Rowad)27.5327.53 |
- Taaleem Management Services14.9614.91 |
- Misr Hotels25.2225.29 |
- REKAZ Financial Holding2.592.59 |
- Naeem Real Estate Holding Group8.288.28 |
- Arab Pharmaceuticals149.01148.67 |
- El Ezz Porcelain (Gemma)26.1025.43 |
- Gharbia Islamic Housing Development35.1134.49 |
- United Housing & Development9.899.89 |
- Alexandria New Medical Center45.9345.78 |
- Alexandria Flour Mills56.6257.05 |
- Faisal Islamic Bank of Egypt - In EGP33.8033.63 |
- Wadi Kom Ombo Land Reclamation290.67279.84 |
- Suez Canal Bank S.A.E40.2440.24 |
- Rakta Paper Manufacturing23.8523.74 |
- Ismailia Development and Real Estate Co32.8232.56 |
- Faisal Islamic Bank of Egypt - In US Dollars1.021.02 |
- Naeem Holding0.110.11 |
- South Cairo & Giza Mills & Bakeries224.57223.82 |
- Mohandes Insurance22.8522.85 |
- North Cairo Mills102.32102.67 |
- Egyptian Financial & Industrial219.24218.84 |
- Engineering Industries (ICON)32.4832.48 |
- Bokra Taskeek The First Issuance April 2032 V.R106.21106.15 |
- Samad Misr -EGYFERT176.74177.15 |
- Glaxo Smith Kline60.7860.97 |
- Ismailia National Food Industries87.5988.16 |
- El Nasr For Manufacturing Agricultural Crops38.7138.71 |
- Cairo Educational Services53.9353.93 |
- Egyptian Satellites (NileSat)7.466.99 |
- Pyramisa Hotels182.01184 |
- National Housing for Professional Syndicates60.8860.88 |
- Union Pharmacist Company For Medical Services and Investment8.928.92 |
- CI Capital Holding For Financial Investments10.5210.52 |
- East Delta Flour Mills298.08297.87 |
- Middle Egypt Flour Mills86.0586.05 |
- Alexandria Pharmaceuticals805.99799.96 |
- Minapharm Pharmaceuticals472.70450 |
- Misr Duty Free Shops3131 |
- General Silos & Storage221.22225.49 |
- Misr Beni Suef Cement273.59270 |
- UTOPIA120.15133.49 |
- Saudi Egyptian Investment & Finance141.63141.63 |
- Misr Oils & Soap155.47155.47 |
- October Pharma191.70191.70 |
- Marsa Marsa Alam For Tourism Development3.373.37 |
- Egyptians Real Estate Fund Certificates12.5812.58 |
- Upper Egypt Flour Mills450.08450.08 |
- Cairo Pharmaceuticals250.49250.49 |
- Sues Canal Company For Technology Settling262.97262.97 |
- Middle & West Delta Flour Mills499.72499.72 |
- Concrete Fashion Group For Commercial& Industrial Investment0.10700.1070 |
Contact us
Address: 15, Fawzi El Motaie Pasha st., Off Orouba st., Heliopolis, Cairo, Egypt
Telephone: (+202) 24140025
Fax: (+202) 24180666
Hotline: 16225
