Market News
-
Saudi Cable Company Announces the Latest Developments Regarding Its Previous Announcement Concerning the Lawsuit Filed Against Rawafed Al-Mustaqbal Company
Thursday 23/04/202614:23:50 PMRead moreSaudi Cable Company Announces the Latest Developments Regarding Its Previous Announcement Concerning the Lawsuit Filed Against Rawafed Al-Mustaqbal Company
tadawul
Element List Explanation
Introduction With reference to the announcement of the Saudi Cable Company on the Tadawul website dated 15/08/1447AH (corresponding to 03/02/2026AD) regarding the lawsuit filed against Rawafed Al-Mustaqbal Company, In order to cancel a contract of a right transfer against the payment of a debt between Rawafed Al-Mustaqbal Company, Noble Resources International Pte Ltd and Saudi Cable Company, the Company would like to announce to its valued shareholders the following:
1. On 28 Shaaban 1447 AH, a judicial session was attended at the Fifth Circuit of the Commercial Court in Jeddah, and the court ruled (the first instance ruling) that the Commercial Court in Jeddah does not have jurisdiction spatially to hear this case, the judgment deed was received on 12 Ramadan 1447 AH.
2. On 22 Ramadan 1447 AH the company filed its objection to the first instance judgment with the Court of Appeal.
3. On 05 Dhu al-Qi ‘Dah 1447 AH, the appeal session was attended, and the Third Appellate Circuit of the Commercial Court in Jeddah ruled to accept the appeal in form and substance, and to cancel the first instance judgment issued by the Fifth Circuit of the Commercial Court in Jeddah and return the case to it.
Previous Announcement The Company's Previous Announcement Including the lawsuit filed against Rawafed Al-Mustaqbal Company
Date of Previous Announcement on Saudi Exchange’s Website 2026-02-03 Corresponding to 1447-08-15
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event The Company would like to announce to its valued shareholders the following:
1. On 28 Shaaban 1447 AH, a judicial session was attended at the Fifth Circuit of the Commercial Court in Jeddah, and the court ruled (the first instance ruling) that the Commercial Court in Jeddah does not have jurisdiction spatially to hear this case, the judgment deed was received on 12 Ramadan 1447 AH.
2. On 22 Ramadan 1447 AH the company filed its objection to the first instance judgment with the Court of Appeal.
3. On 05 Dhu al-Qi ‘Dah 1447 AH, the appeal session was attended, and the Third Appellate Circuit of the Commercial Court in Jeddah ruled to accept the appeal in form and substance, and to cancel the first instance judgment issued by the Fifth Circuit of the Commercial Court in Jeddah and return the case to it.
The costs associated with the event, and if they have changed or not with indication of the reasons. There are no costs associated with the event now, the financial impact will be disclosed later if it exists.
-
Edarat Communication and Information Technology Co. Announces an update on Edarat Communication and Information Technology Co. (EDARAT) announce the resolution of its Board of Directors dated 17/04/2024 AD corresponding to 08/10/1445 AH approving the Company’s transfer from the Parallel Market (Nomu
Thursday 23/04/202614:23:30 PMRead moreEdarat Communication and Information Technology Co. Announces an update on Edarat Communication and Information Technology Co. (EDARAT) announce the resolution of its Board of Directors dated 17/04/2024 AD corresponding to 08/10/1445 AH approving the Company’s transfer from the Parallel Market (Nomu
tadawul
Element List Explanation
Introduction With reference to the announcement of Edarat Communication and Information Technology Co. ( EDARAT) published on the Saudi Exchange (Tadawul) website on 18/04/2024 AD corresponding to 09/10/1445 AH regarding the resolution of the Board of Directors dated 17/04/2024 AD corresponding to 08/10/1445 AH approving the Company’s transfer from the Parallel Market (Nomu) to the Main Market, the Company would like to announce to its shareholders the change of the previously appointed financial advisor and the appointment of Al Rajhi Capital as a new financial advisor for the purpose of the transition, in accordance with the requirements of the updated and amended Listing Rules issued by the Capital Market Authority. Note that the move to the Main Market remains subject to the approval of the Saudi Exchange and the fulfillment of all requirements stipulated in the applicable listing rules. Any developments related to this matter will be announced later.
Previous Announcement Edarat Communication and Information Technology Co. (EDARAT) announce the resolution of its Board of Directors dated 17/04/2024 AD corresponding to 08/10/1445 AH approving the Company’s transfer from the Parallel Market (Nomu) to the Main Market.
Date of Previous Announcement on Saudi Exchange’s Website 2024-04-18 Corresponding to 1445-10-09
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event Changing the previously appointed financial advisor and appointing Al Rajhi Capital as a new financial advisor for the purpose of moving to the Main Market.
Reasons For The Delay on The Date of The Event Previously Announced N\A
The costs associated with the event, and if they have changed or not with indication of the reasons. N\A
Delay consequences on the Company’s financial results N\A
Additional Information The Company will announce any material developments related to this matter in due course. For any inquiries, please contact the Investor Relations Department at the Company during official working hours at: Phone: +966 581822902 or via email: IR@edaratgroup.com -
Kingdom Holding Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )
Thursday 23/04/202614:23:06 PMRead moreKingdom Holding Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )
tadawul
Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change
Sales/Revenue 573,402 741,509 -22.67 702,376 -18.362
Gross Profit (Loss) 304,109 498,624 -39.01 375,866 -19.091
Operational Profit (Loss) 493,879 695,330 -28.971 753,607 -34.464
Net Profit (Loss) Attributable to Shareholders of the Issuer 268,881 431,611 -37.702 512,068 -47.491
Total Comprehensive Income Attributable to Shareholders of the Issuer -1,539,381 2,397,542 - 12,034,827 -
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Current Period Similar Period For Previous Year %Change
Total Shareholders Equity (after Deducting Minority Equity) 56,864,249 41,330,671 37.583
Profit (Loss) per Share 0.07 0.12
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Amount Percentage Of The Capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value - -
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The reason of the decrease in the revenues during the current quarter compared to the same quarter of the last year is due to decrease in Dividend income. Despite of increase in Hotels and other operating revenues.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason of the decrease in the net profit during the current quarter compared to the same quarter of the last year is due to decrease in Dividend income, increase in Hotels and other operating costs and decrease in Share of results from equity-accounted investees. Despite of increase in Hotels and other operating revenues, decrease in Financial charges – net, decrease in Withholding and income tax, increase in Other gains-net, decrease in General, administrative and marketing expenses and decrease in Zakat.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason of the decrease in the revenues during the current quarter compared to the previous one is due to decrease in Hotels and other operating revenues and decrease in Gain on investments at FVTPL. Despite of increase in Dividend income.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason of the decrease in the net profit during the current quarter compared to the previous one is due to decrease in Gain on sale of equity-accounted investee, decrease in Hotels and other operating revenues, decrease in Gain on investments at FVTPL, increase in Financial charges – net and increase in Zakat. Despite of decrease in Hotels and other operating costs, increase in Dividend income, decrease in Withholding and income tax, increase in Share of results from equity-accounted investees, increase in Other gains – net, decrease in General, administrative and marketing expenses and decrease in Impairment of financial assets.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) N/A
Reclassification of Comparison Items N/A
Additional Information Please refer to the attached Earnings Release for further details.
Kingdom Holding Company will be hosting an Earnings Call on Tuesday 28th of April 2026 at 4:00p.m. KSA Time to present its 3 Months 2026 financial results.
For Earnings Call participation, please follow the invitation link provided in the attached Earnings Release or email us at investor.relations@kingdom.com.sa
Attached Documents
-
Riyad Bank announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholder’s accounts
Thursday 23/04/202614:22:39 PMRead moreRiyad Bank announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholder’s accounts
tadawul
Element List Explanation
Introduction Riyad Bank announces the deposit of the fractional shares sale proceeds into the eligible shareholders’ accounts arising out of the Bank’s capital increase, as approved by the Extraordinary General Assembly, Sunday 05.04.2026 Corresponding to 1447.10.17.
Share’s Fractions Sale Completion Date 2026-04-13 Corresponding to 1447-10-25
Number of Sold Shares 15239
Share’s Fractions Selling Returned Amount 328,497.94
Average Selling Price per share 21.56
Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts 2026-04-23 Corresponding to 1447-11-06
Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts The proceeds of shares fractions sale were distributed by Riyad Bank and deposited in the bank accounts associated with the eligible shareholders’ investment accounts.
In the event of a failure in the deposit process, any of the bank's shareholders can visit the nearest Riyad Bank branch to receive the entitlements.
For further information, please contact shareholders affair during official working hours via phone 0114013030 Ext 6111 or Email:
SHA@riyadbank.com -
The Board of Directors of Hedab Alkhaleej Trading Co. invites the shareholders to attend the Extraordinary General Assembly Meeting (First and Second Meeting One Hour After the First Meeting)
Thursday 23/04/202614:22:08 PMRead moreThe Board of Directors of Hedab Alkhaleej Trading Co. invites the shareholders to attend the Extraordinary General Assembly Meeting (First and Second Meeting One Hour After the First Meeting)
tadawul
Element List Explanation
Introduction The Board of Directors of Hedab Alkhaleej Trading Co. is pleased to invite the Company’s esteemed shareholders to participate and vote in the Extraordinary General Assembly Meeting of the Company (First and Second Meeting One Hour After the First Meeting), scheduled to be held in person and via modern technology means using the Tadawulaty platform, God willing, at 18:30 (06:30 PM) on Thursday, 27 Dhu al-Qa’dah 1447H, corresponding to 14 May 2026
City and Location of the General Assembly's Meeting The meeting will be held at the Company’s head office located in Buraydah – Al Rehab District – Omar Ibn Al-Khattab Street, in person and via modern technology means
Hyperlink of the Meeting Location Click Here
Date of the General Assembly's Meeting 2026-05-14 Corresponding to 1447-11-27
Time of the General Assembly’s Meeting 18:30
Methodology of Convening the General Assembly’s Meeting Attendance in-person and via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly's Meeting In accordance with Article (32) of the Company’s Bylaws, the Extraordinary General Assembly meeting shall be valid if attended by shareholders representing at least half of the Company’s voting shares. If the required quorum for holding this meeting is not met, a second meeting shall be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid if attended by shareholders representing at least one quarter of the Company’s voting shares.
General Assembly Meeting Agenda Attached
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right The Company’s esteemed shareholders have the right to discuss the agenda items of the Extraordinary General Assembly and direct questions to the members of the Board of Directors. Please note that voting through Tadawulaty services is available free of charge to all shareholders via the following link:
www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda Shareholders registered in Tadawulaty services may vote remotely on the agenda items of the General Assembly starting from 01:00 AM on Sunday, 23/11/1447H, corresponding to 10/05/2026, until thirty minutes after the commencement of the General Assembly meeting. Registration and voting through Tadawulaty services will be available free of charge to all shareholders via the following link:
www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries We are pleased to receive your inquiries through Shareholder Relations via the following contact channels:
Telephone: 920017737
Email: INFO@HKC-SA.COM
Attached Documents -
ASG Plastic Factory Co. announces to its shareholders the commencement of electronic voting on the agenda of the Ordinary General Assembly (First Meeting) (Reminder Announcement).
Thursday 23/04/202614:21:48 PMRead moreASG Plastic Factory Co. announces to its shareholders the commencement of electronic voting on the agenda of the Ordinary General Assembly (First Meeting) (Reminder Announcement).
tadawul
Element List Explanation
Announcement Detail Reference to the announcement of ASG Plastic Factory Co. on the Tadawul website dated 08-04-2026 AD, regarding the invitation to its shareholders to attend the Ordinary General Assembly meeting (First Meeting), which is scheduled, God willing, to be held at (19:30) on Wednesday, 12-11-1447 AH, corresponding to 29-04-2026 AD, at the company’s headquarters located in Sudair Industrial and Business City, via modern technology using Tadawulaty services.
The company is pleased to remind its esteemed shareholders registered in Tadawulaty services that remote electronic voting on the agenda items of the assembly will start at 1:00 AM on Saturday, 08-11-1447 AH, corresponding to 25-04-2026 AD, and will continue until the end of the assembly time. Please note that registration and voting through Tadawulaty services are available and free of charge for all shareholders through the following link: www.tadawulaty.com.sa
Additionally, please be informed that a live broadcast of the assembly will be available through the link provided in the Tadawulaty system.
If you have any inquiries, please contact the Shareholders Relations Department through the following channels:
Phone: 0559251726
Email: investorrelations@asgplastic.sa
-
Hamad Mohammed Bin Saedan Real Estate Company announces the signing of a Sharia-compliant Murabaha financing agreement.
Thursday 23/04/202614:21:31 PMRead moreHamad Mohammed Bin Saedan Real Estate Company announces the signing of a Sharia-compliant Murabaha financing agreement.
tadawul
Element List Explanation
Introduction Hamad Mohammed bin Saedan Real Estate Company announces the signing of a Murabaha financing agreement compliant with Islamic Sharia with Alinma Bank
Date of obtaining the funding 2026-04-23 Corresponding to 1447-11-06
Financing entity Alinma Bank
Financing amount. 48,000,000 Saudi riyals
Financing duration. 4 years
Guarantees offered for the financing In addition to a mortgage, personal guarantees were provided by the Chairman of the Board, Mr. Hamad Mohammed bin Saedan, and the Board Member and Chief Executive Officer, Mr. Abdulaziz Hamad bin Saedan.
Financing objective Supporting the company’s plans for expansion, investment, and real estate project development.
Related Parties None
Additional Information The documents of the flexible Murabaha financing agreement and the addendum amending the facilities agreement are dated 03/11/1447 AH, corresponding to 20/04/2026, and the signing of the agreement was completed on 23/04/2026.
-
Addendum announcement from Nahdi Medical Co. Regarding the invitation to its shareholders to attend the Extraordinary General Assembly Meeting (First Meeting) through the modern technology.
Thursday 23/04/202614:21:08 PMRead moreAddendum announcement from Nahdi Medical Co. Regarding the invitation to its shareholders to attend the Extraordinary General Assembly Meeting (First Meeting) through the modern technology.
tadawul
Element List Explanation
Introduction With reference to the announcement made by Nahdi Medical Company published on the Saudi Exchange (Tadawul) website on 5 Dhu al-Qi’dah 1447 H (corresponding to 22 April 2026 G), regarding the invitation to its shareholders to attend the Extraordinary General Assembly meeting (first meeting) via modern technology, the Company would like to clarify the following: A statement of the Articles of Association before and after the amendment has been attached in English, in compliance with the applicable regulatory requirements.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2026-04-22 Corresponding to 1447-11-05
Hyperlink to the Previous Announcement Click Here
Change on the Development The previous announcement did not include the statement of the Articles of Association before and after the amendment in English, which have now been attached to this announcement.
Financial Impact on the change None
Attached Documents
-
Amana Cooperative Insurance Co. Announces the appointment of a member to fill the vacant seat on its Board of Directors.
Thursday 23/04/202614:20:46 PMRead moreAmana Cooperative Insurance Co. Announces the appointment of a member to fill the vacant seat on its Board of Directors.
tadawul
Element List Explanation
Introduction Amana Cooperative Insurance Company announces the issuance of a decision by the Board of Directors dated 12/10/1447 corresponding to 31/03/2026, appointing Mr. Saif Mohammed Al-Saif as a non-executive member of the Board of Directors to fill the vacant seat and complete the remaining term of the current Board of Directors, which ends on 02/07/1451 corresponding to 08/11/2029.
Element List Explanation
Appointed Member Name Saif Mohammed Al Saif
Membership Type Non- Executive
Membership Start Date 2026-04-23 Corresponding to 1447-11-06
Brief Resume of the Appointed Member Mr. Saif Mohammed Al-Saif holds a Bachelor of Business Administration specializing in International Trade from the American International University in the United States of America, as well as several specialized professional certificates. He has experience in boards of directors in multiple sectors, including contracting, industries, energy, and investment.
The date of the approval by other official authorities The company obtained the Insurance Authority's no-objection to the appointment on 6 Dhu al-Qi'dah 1447, corresponding to 23 April 2026
Element List Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2026-03-31 Corresponding to 1447-10-12
Board Approval Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval -
Saudi Awwal Bank announces its Interim Financial Results for the Period Ending on 2026-03-31 ( Three Months )
Thursday 23/04/202614:20:06 PMRead moreSaudi Awwal Bank announces its Interim Financial Results for the Period Ending on 2026-03-31 ( Three Months )
tadawul
Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change
Total Income From Special Commission of Financing 4,350 4,209 3.349 4,500 -3.333
Total Income From Special Commission of Investment 1,135 1,129 0.531 1,204 -5.73
Net Income From Special Commission of Financing 2,662 2,712 -1.843 2,778 -4.175
Net Income From Special Commission of Investment 208 188 10.638 198 5.05
Total Operations Profit (Loss) 3,612 3,620 -0.22 3,734 -3.267
Net Profit (Loss) before Zakat and Income Tax 2,411 2,449 -1.551 2,320 3.922
Net Profit (Loss) Attributable to Shareholders of the Issuer 2,086 2,135 -2.295 2,047 1.905
Total Comprehensive Income Attributable to Shareholders of the Issuer 1,813 3,585 -49.428 1,517 19.512
Total Operating Expenses Before Provisions for Credit and Other Losses 1,101 1,071 2.801 1,191 -7.556
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net 166 142 16.901 264 -37.121
All figures are in (Millions) Saudi Arabia, Riyals
Element List Current Period Similar Period For Previous Year %Change
Assets 459,740 426,872 7.699
Investments 99,551 104,703 -4.92
Loans And Advances Portfolio (Financing And Investment) 306,906 278,836 10.066
Clients' deposits 331,411 290,440 14.106
Total Shareholders Equity (after Deducting Minority Equity) 81,011 72,909 11.112
Profit (Loss) per Share 0.94 0.98
All figures are in (Millions) Saudi Arabia, Riyals
Element List Amount Percentage Of The Capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value - -
All figures are in (Millions) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in special commission income during the current quarter compared to the same quarter of the last year is The gross special commission income was higher by 3%, primarily driven by volume growth in loan and interbank lending partly offset by lower average yield reflecting the lower rate environment mainly affecting the floating loan portfolio. However, net special commission income was lower marginally by 1%, as special commission expense grew reflecting the increase in proportion of special commission expense bearing term deposits partly offset by lower interbank borrowing costs.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The net profit was lower by 2%, primarily driven by an increase in total operating expenses together with an increase in net provision for expected credit losses which was driven by an elected increase in modelled expected credit losses, reflecting the increased uncertainty and volatility caused by the geopolitical situation. These factors were partly offset by an increase in the share in earnings of an associate.
Total operating income was broadly unchanged as a decrease in net fee and commission income (following the introduction of new regulations affecting management lending and credit card fees), and lower net special commission income and exchange income was offset by gains on disposal of FVOCI debt instruments.
Operating expenses were higher due to an increase in depreciation and amortization expenses given recent higher software capitalization reflecting the investment in digital capability, an increase in salaries and employee related expenses partially offset by a decrease in general and administrative expenses.
An increase in the share in earnings of an associate is mainly attributed to lower operating expenses attributable to reversal in intergroup charges and decrease in non-staff costs of the associate.
The increase in expected credit losses is explained below.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the same quarter of the last year is Net provision for expected credit losses increased by SAR 25 million or 16.9%. Higher net provision charges on loans in the current quarter included an elected increase in modelled expected credit losses, reflecting the increased uncertainty and volatility caused by the geopolitical situation. In addition, there was a net increase in charges on off-balance sheet exposures. These factors were partly offset by higher recoveries net of write-offs.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is The gross and net special commission income were lower by 4%, primarily driven by the lower rate environment affecting the floating loan portfolio partly offset by an increase in volume growth and a decrease in special commission expense reflecting the lower deposits and interbank borrowing cost.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is The net profit was higher by 2%, primarily driven by a decrease in net provision for expected credit losses, a decrease in operating expenses and increase in the share in earnings of an associate partially offset by a decrease in total operating income and increase in provision for Income tax and zakat.
Total operating income decreased mainly due to decrease in net special commission income, net other operating expenses, net fee and commission income (attributable to lower brokerage fee during the current quarter), and exchange income partly offset by gain on disposal of FVOCI debt instruments.
Operating expenses were lower due to a decrease in salaries and employee related expenses (previous quarter included one off past service cost in indemnity charges) and a decrease in general and administrative expenses.
An increase in the share in earnings of an associate is mainly attributed to lower operating expenses attributable to reversal in intergroup charges and decrease in non-staff costs.
The decrease in expected credit losses is explained below.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the previous quarter is Net provision for expected credit losses decreased by SAR 97 million or 37%. This was driven by higher recoveries net of write-offs partly offset by higher charges on both the loan portfolio and off-balance sheet exposures.
Statement of the type of external auditor's report Unmodified Conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) None
Reclassification of Comparison Items Certain prior period figures have been reclassified to be aligned with the presentation in the current period including a reclassification from fee income to special commission around SAR 61.5 million relating to management fee.
The Bank has restated the previous period balances following the restatement during year ended 2025 relating to Investments, Retained earnings and Other reserves in the interim condensed consolidated financial statements.
Additional Information Earnings per share for the period ended 31 March 2026 and 31 March 2025 are calculated by dividing the net income after Zakat and income tax attributable to equity holders of the Bank (adjusted for Tier 1 Sukuk costs) by 2,055 million weighted average number of shares outstanding during the period ended 31 March 2026 and 31 March 2025. -
Specialized Medical Co. (SMC Healthcare) Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
Thursday 23/04/202614:19:37 PMRead moreSpecialized Medical Co. (SMC Healthcare) Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
tadawul
Element List Explanation
Introduction The Board of Directors of Specialized Medical Co. (SMC Healthcare) is pleased to invite the shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting), which will be held at 7:45 PM on Sunday 30-11-1447 corresponding to 17-05-2026 Via modern technology.
City and Location of the General Assembly's Meeting Via modern technology from the Company’s headquarters in Riyadh
Hyperlink of the Meeting Location Click Here
Date of the General Assembly's Meeting 2026-05-17 Corresponding to 1447-11-30
Time of the General Assembly’s Meeting 19:45
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End The right to attend is for shareholders registered in the Company’s shareholder’ register at the Depository Center at the end of the trading session preceding the General Assembly meeting, in accordance with the regulations and bylaws. The right to register attendance for the General Assembly meeting ends at the time of the General Assembly meeting, and the right to vote on the items of the General Assembly for those present ends when the counting committee finishes counting the votes.
Quorum for Convening the General Assembly's Meeting The legal quorum for holding the Ordinary General Assembly Meeting will be valid if attended by shareholders representing at least fifty percent (50%) of the Company’s share capital. If the quorum required to hold the meeting is not completed, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented.
General Assembly Meeting Agenda Attached
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders have the right to discuss the topics on the agenda and ask questions.
Shareholders can remotely vote on the Ordinary General Assembly Meeting’s agenda via the E-voting service, through Tadawulaty using the following link:
www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda Shareholders can remotely vote on the Ordinary General Assembly Meeting’s agenda via the E-voting service, through Tadawulaty. Remote voting will start at 1:00 AM on Wednesday 26-11-1447, corresponding to 13-05-2026. Voting will end once the meeting has been concluded. Registration and voting in Tadawulaty services will be available free of charge for all shareholders using the following link:
www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries For any inquiries or further assistance, please contact the Investor Relations Department using the following contact details:
Tel: 011-434-3913
Email: IR@SMC.COM.SA
Attached Documents
-
Al Rajhi Bank announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholders accounts
Thursday 23/04/202614:19:17 PMRead moreAl Rajhi Bank announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholders accounts
tadawul
Element List Explanation
Introduction Al-Rajhi Bank announces the completion of the selling of the fractions of shares arising out of the Bank's capital increase, which based on the approval of the 16th Extraordinary General Assembly Meeting which includes the capital increase, held on Monday 20 April 2026 Corresponding to 03/11/1447H.
Share’s Fractions Sale Completion Date 2026-04-23 Corresponding to 1447-11-06
Number of Sold Shares 46121
Share’s Fractions Selling Returned Amount 3,158,403.30
Average Selling Price per share 68.60
Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts 2026-05-04 Corresponding to 1447-11-17
Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts The proceeds of shares fractions sale will be distributed by Al-Rajhi Bank. In case of any issue in the deposit process, please visit any branch of Al-Rajhi Bank to receive the entitlements.
Additional Information In addition, the shareholders who haven’t received the cash dividend for their shares nor deposited their shares certificate in their investment portfolios, you may search by the name through the following link:
https://www.alrajhibank.com.sa/en/About-alrajhi-bank/Investor-Relations/Unclaimed-Dividends
Any shareholder finds his name in these lists, please contact Shareholders Affairs at:
Tel. No.: 011-8282515
Email: Shareholders@alrajhibank.com.sa
in order to verify data and take necessary action to pay the cash dividend.
Best Regards
-
Jabal Omar Development Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting) via modern technology means
Thursday 23/04/202614:18:56 PMRead moreJabal Omar Development Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting) via modern technology means
tadawul
Element List Explanation
Introduction The Board of Directors of Jabal Omar Development Company is pleased to invite shareholders to participate and vote in the Ordinary General Assembly meeting (first meeting), scheduled to be held, God willing, at 7:30 PM on Thursday, 27-11-1447, corresponding to 14-5-2026, via modern technology means using the Tadawulaty platform.
City and Location of the General Assembly's Meeting Makkah - the company's headquarters- by Means of Modern Technology
Hyperlink of the Meeting Location Click Here
Date of the General Assembly's Meeting 2026-05-14 Corresponding to 1447-11-27
Time of the General Assembly’s Meeting 19:30
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations.
The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly's Meeting The meeting of the Ordinary General Assembly shall be valid only if attended by shareholders representing at least twenty-five (25%) percent of the Company’s shares that have voting rights. If such quorum is not present at the first meeting, the second meeting shall be held one hour after the end of the period specified for the first meeting, and the second meeting shall be deemed quorate irrespective of the number of shares represented at the meeting.
General Assembly Meeting Agenda 1. Review and discuss the Board of Directors’ Report for the fiscal year ended 31 December 2025.
2. Vote on the External Auditor’s Report for the fiscal year ended 31 December 2025 after discussing it.
3. Review and discuss the Financial Statements for the fiscal year ended 31 December 2025.
4. Vote on releasing the members of the Board of Directors from liability for the fiscal year ended 31 December 2025.
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders are entitled to discuss matters listed in the agenda of the General Assembly and raise relevant questions to the Board members, noting that the voting is available free of charge for all Shareholders via: http://tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda The shareholders who are registered on the website of (Tadawulaty) electronic trading services can remotely vote on the items of the meeting through electronic voting service. The remote voting will start at 1 am on Sunday, 23-11-1447 corresponding to 10-5-2026 and will continue until the end of the meeting time. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link: (www.tadawulaty.com.sa).
Method of Communication in Case of Any Enquiries For any inquiries, please call 0126017180 Ex: 3201
Email: share-holder@jodc.com.sa
Attached Documents
-
Correction announcement from Consolidated Grunenfelder Saady Holding Co. regarding the change in the start date of electronic voting for the Extraordinary General Assembly
Thursday 23/04/202614:18:31 PMRead moreCorrection announcement from Consolidated Grunenfelder Saady Holding Co. regarding the change in the start date of electronic voting for the Extraordinary General Assembly
tadawul
Element List Explanation
Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website 2026-04-22 Corresponding to 1447-11-05
Hyperlink to the Previous Announcement Click Here
Incorrect statements in the previous announcement The shareholders who are registered in Tadawulaty Services will be able to remotely vote on the items of the Extraordinary General Assembly electronically starting from 01:00AM on Thursday 20/11/1447H (corresponding to 7/05/2026G) until the end of the Assembly Meeting’s time. Registration and voting via Tadawulaty Services will be available and free of charge for all shareholders through the following link:
www.tadawulaty.com.sa.
Correct Statement The shareholders who are registered in Tadawulaty Services will be able to remotely vote on the items of the Extraordinary General Assembly electronically starting from 01:00AM on Saturday 22/11/1447H (corresponding to 9/05/2026G) until the end of the Assembly Meeting’s time. Registration and voting via Tadawulaty Services will be available and free of charge for all shareholders through the following link:
www.tadawulaty.com.sa. -
Addendum Announcement from Consolidated Grunenfelder Saady Holding Co. in regard to the invitation of its shareholders to attend the Extraordinary General Assembly meeting (first meeting) via modern technology
Thursday 23/04/202614:18:06 PMRead moreAddendum Announcement from Consolidated Grunenfelder Saady Holding Co. in regard to the invitation of its shareholders to attend the Extraordinary General Assembly meeting (first meeting) via modern technology
tadawul
Element List Explanation
Introduction Further to the announcement by Consolidated Grunenfelder Saady Holding Co. published on the Saudi Exchange (Tadawul) website on 05/11/1447H corresponding to 22/04/2026, regarding the invitation to attend the Extraordinary General Assembly Meeting (First Meeting) scheduled to be held on 25/11/1447H corresponding to 12/05/2026, the Company would like to attach the English version of the Bylaws amendment document, as previously only the Arabic version was submitted.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2026-04-22 Corresponding to 1447-11-05
Hyperlink to the Previous Announcement Click Here
Change on the Development There is no change to the content of the previous announcement. This addendum only includes the attachment of the English version of the Bylaws amendment document, as previously only the Arabic version was provided.
Financial Impact on the change No financial impact
Attached Documents -
Alinma Bank announces the board of director’s decision to distribute cash dividends for the First quarter of 2026
Thursday 23/04/202614:17:24 PMRead moreAlinma Bank announces the board of director’s decision to distribute cash dividends for the First quarter of 2026
tadawul
Element List Explanation
Introduction The Board of Directors of Alinma Bank has decided on 6 Dulqadah 1447H Corresponding to 23 April 2026 to distribute cash dividends to the shareholders for the first quarter of 2026
Date of the board’s decision 2026-04-23 Corresponding to 1447-11-06
The Total amount distributed SAR 747,545,358
Number of Shares Eligible for Dividends 2,990,181,432 shares
Dividend per share SAR 0.25 after deduction of Zakat
Percentage of Dividend to the Share Par Value (%) 2.5
Eligibility date 2026-05-06 Corresponding to 1447-11-19
Distribution Date 2026-05-20 Corresponding to 1447-12-03
The name of other official authorities and the details of their non-refusal to the recommendation or decision The Bank has obtained no-objection from the Saudi Central Bank on the Board of Directors’ approval to distribute cash dividends to shareholders for the first quarter of 2026 on 23 April 2026.
Additional Information We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to (when transferred or credited to the bank account) withholding tax of 5%, in accordance with the provisions of article (68) of the income tax law, and article (63) of its implementing regulation.
As part of its keenness to safeguard the interests of its shareholders who did not receive dividends during previous periods, Alinma Bank announces that a query feature has been included on the Bank’s website via the following link:
https://www.alinma.com/ar-sa/quick-links/dividends-inquiry
For inquiries, please contact the Investor Relation Department on: 0112185252 or email: shareholders@alinma.com -
The National Agricultural Development Company (NADEC) announces its interim condensed consolidated financial results for the period ended 31 March 2026 (Three Months)
Thursday 23/04/202614:16:59 PMRead moreThe National Agricultural Development Company (NADEC) announces its interim condensed consolidated financial results for the period ended 31 March 2026 (Three Months)
tadawul
Gross profit for the current quarter decreased by 13.32% compared to the similar quarter last year, due to the decrease in net revenue by 9.25% and increase in the percentage of cost of sales over the net revenue by 1.44%.
-Operating profit:
Operating profit for the current quarter decreased by 1.67% compared to the similar quarter last year primarily due to decrease in sales, increase in cost of sales percentage over revenue and this was partially offset by reversal of impairment losses for trade and other receivables.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The Company’s revenue for the current quarter increased by 9.08% compared to the previous quarter, this was mainly on account of an increase in sales of protein segment by 48.53%, dairy and beverages segment by 12.71% and this increase was partially offset by decrease in sales of Agri segment by SAR 53.28 million.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The Company’s net profit in the current quarter reached SAR 93.71 million compared to net profit of SAR 63.99 million for the previous quarter was due to:
- Revenue:
The Company’s revenue for the current quarter increased by 9.08% compared to the previous quarter, this was mainly on account of an increase in sales of protein segment by 48.53%, dairy and beverages segment by 12.71%and this increase partially offset by decrease in sales of Agri segment by SAR 53.28 million.
- Cost of sales:
Cost of sales percentage on revenue decreased during the current quarter by 0.95% compared to the previous quarter was mainly on account of product mix (Change in the products and items offered by the company).
- General and Administrative expenses:
General and administrative expenses decreased in the current quarter by 7.62% compared to the previous quarter was mainly on account of decrease in professional and consultancy charges.
- Reversal of Impairment losses for trade receivables, and other receivables:
During the current quarter, a non-recurring gain was recorded from the reversal of impairment losses related to old receivables balances that were collected during the current quarter net amount of SAR 40.20 million.
Despite the changes in preceding elements that positively impacted the net profit of the Company in the current quarter, there are other elements that adversely impacted the net profit of the current quarter as follows:
-Selling and marketing expenses:
Selling and marketing expenses increased in the current quarter by 8.55% compared to the previous quarter was mainly on account of more spending on Trade marketing.
All the above elements collectively impacted the gross profit and operating profit as follows:
-Gross profit:
Gross profit of the current quarter increased by 12.54% compared to the previous quarter, due to the increase in the revenue by 9.08%.
-Operating profit:
Operating profit for the current quarter increased compared to the previous quarter by 56.79% due to increase in revenue, decrease in general and administrative expenses and reversal of impairment losses on trade and other receivables.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) Other matter:
The condensed consolidated interim financial statements of the Group for the three-month period ended 31 March 2025 were reviewed by another auditor who expressed an unmodified conclusion on those condensed consolidated interim financial statements on 9 Thul-Qid’ah 1446H corresponding to 7 May 2025.
Reclassification of Comparison Items Please refer to Note 29 in the interim condensed cons financial statements for the period ended 31 March 2026.
Additional Information 1-The comprehensive income for the current quarter reached SAR 101.57 million compared to comprehensive income of SAR 103.19 million for the similar quarter last year with a decrease of 1.57%.
2- The comprehensive income for the current quarter reached SAR 101.57 million compared to comprehensive income of SAR 45.25 million for the previous quarter with an increase of 124.46%.
3-The net profit for the current quarter reached SAR 93.71 million compared to net profit of SAR 103.42 million for the similar quarter last year with a decrease of 9.39%.
4-The net profit for the current quarter reached SAR 93.71 million compared to net profit of SAR 63.99 million for the previous quarter with an increase of 46.44%.
5-Total revenue for the current quarter reached SAR 917.86 million compared to SAR 1,011.45 million for the similar quarter last year with a decrease of 9.25%.
6-Total revenue for the current quarter reached SAR 917.86 million compared to SAR 841.45 million for the previous quarter with an increase of 9.08%.
7-The gross profit for the current quarter reached SAR 282.37 million compared to SAR 325.75 million for the similar quarter last year with a decrease of 13.32%.
8-The gross profit of the current quarter reached SAR 282.37 million compared to SAR 250.90 million for the previous quarter with an increase of 12.54%
9-The operating profit for the current quarter reached SAR 97.62 million compared to SAR 99.28 million for the similar quarter last year with a decrease of 1.67%.
10-The operating profit of the current quarter reached SAR 97.62 million compared to operating profit of SAR 62.26 million for the previous quarter with an increase of 56.79%.
11-The shareholders’ equity as of 31 March 2026 (no minority equity) was SAR 4,709.74 million compared to SAR 4,608.16 million as of 31 December 2025 with an increase of 2.20%.
12-The shareholders’ equity as of 31 March 2026 (no minority equity) was SAR 4,709.74 million compared to SAR 4,400.12 million as of 31 March 2025 with an increase of 7.04%.
13-The earnings per share for the current quarter is SAR 0.31 compared to earnings per share of SAR 0.34 for the similar quarter last year.
-
Alexandria Spinning & Weaving (SPINALEX) (SPIN.CA) - Listing Committee Decision
Thursday 23/04/202614:05:22 PMRead moreAlexandria Spinning & Weaving (SPINALEX) (SPIN.CA) - Listing Committee Decision
Company Name : Alexandria Spinning & Weaving (SPINALEX)
ISIN Code : EGS32041C013
Reuters Code : SPIN.CA
Content :
With reference to the provisions of Article 46 of the Listing Rules related to preparing and providing the EGX with the quarterly financial statements for the financial period ending on 31/12/2025 the Listing Committee held on 22/04/2026 decided to Impose an EGP 40000 penalty on the company due to the violation of Article 46 of the Listing Rules. in light of the provisions of Article 64 of the executive regulations.
-
Alexandria National Company for Financial Investment (ANFI.CA) Declares a 10 Stocks for 1 Stock Split
Thursday 23/04/202613:40:01 PMRead moreAlexandria National Company for Financial Investment (ANFI.CA) Declares a 10 Stocks for 1 Stock Split
Stock Symbol (ticker): ANFI.CA
ISIN Code: EGS67331C016
Stock Split Ratio: 10 Stocks for each 1 Stock
Listing Date: 22/04/2026
Distribution Date: 28/04/2026
Number of Shares Prior to Split: 5,225,000 shares
Number of Shares Pursuant to Split: 52,250,000 shares
Par Value Prior to Split: EGP 5
Par Value Pursuant to Split: EGP 0.50
Source: Alexandria National Company for Financial Investment
The Listing Committee also has approved to list the increase of the authorized capital to be EGP 130 million.
-
Listing Request of Capital For Securitization - The third Issuance of the fourteenth Program
Thursday 23/04/202613:31:13 PMRead moreListing Request of Capital For Securitization - The third Issuance of the fourteenth Program
EGX announcing the request to list new securitization bonds on 23/04/2026
Company name/ Capital For Securitization - The third Issuance of the fourteenth Program
In implementation of Article (20) of the rules for listing and delisting securities, the Egyptian Exchange announces receiving a request on 23/04/2026, to list the securitization bonds issued from Capital For Securitization - The third Issuance of the fourteenth Program, where the listing documents are being fulfilled to be presented to the Listing Committee , the details of the listing request are as follows
Nominal securitization bonds, short term, against financial rights and deferred payments that are tradable, non-callable and non- convertible bonds, with a total amount of EGP 1,306,500,000 represented in one issuance over One tranche, through a 100% private placement for financial institutions, entities with financial solvency, natural and legal persons
The announcement shall be published for a period of five working days from its date, in implementation of the provisions of Article (20) of the rules for listing and delisting securities issued by the Board of Directors of the Financial Regulatory Authority No. (11) On 22/01/2014 and its executive procedures and their amendments -
Gulf Canadian Real Estate Investment Co. (CCRS.CA) - Corporate Governance Report
Thursday 23/04/202613:26:55 PMRead moreGulf Canadian Real Estate Investment Co. (CCRS.CA) - Corporate Governance Report
Company Name : Gulf Canadian Real Estate Investment Co.
ISIN Code : EGS651B1C018
Reuters Code : CCRS.CA
Content :
Corporate Governance Report for the year ended on 31/12/2025
The Corporate Governance Report (9,418 KB) -
Release from El sewedy Electric (SWDY.CA) Concerning the EGM Invitation
Thursday 23/04/202612:44:12 PMRead moreRelease from El sewedy Electric (SWDY.CA) Concerning the EGM Invitation
Company Name : El sewedy Electric
ISIN Code : EGS3G0Z1C014
Reuters Code : SWDY.CA
Content :
The company sent a release concerning the EGM invitation that will be held on 19/05/2026.
Release from the Company (388 KB) -
Release from ARAB Developers Holding (PORT.CA) Regarding the Subscription Coverage Ratio
Thursday 23/04/202612:39:35 PMRead moreRelease from ARAB Developers Holding (PORT.CA) Regarding the Subscription Coverage Ratio
Company Name : ARAB Developers Holding
ISIN Code : EGS694A1C018
Reuters Code : PORT.CA
Content :
Release from the company regarding the subscription coverage ratio in the first phase of the company's capital increase shares.
Release from the Company (183 KB) -
Release from Palm Hills Development Company (PHDC.CA) Regarding the Purchase of Treasury Stocks
Thursday 23/04/202612:34:31 PMRead moreRelease from Palm Hills Development Company (PHDC.CA) Regarding the Purchase of Treasury Stocks
Company Name : Palm Hills Development Company
ISIN Code : EGS655L1C012
Reuters Code : PHDC.CA
Content :
Release from the company regarding the purchase of treasury stocks on 22/04/2026 trading session.
Release from the Company (177 KB)
-
Overview of Key Egyptian Stock Exchange Company News and Major Economic Developments
Thursday 23/04/202612:18:33 PMRead moreOverview of Key Egyptian Stock Exchange Company News and Major Economic Developments
The Egyptian Exchange announced the most important disclosures and financial results for several companies during the trading session of April 24, 2026, most notably the following:
• Concrete Fashion Group for Commercial and Industrial Investments recorded consolidated net profits of $14,024,892 in 2025, compared to $16,094,559 in 2024.
• Sharm Dreams for Tourism Investment achieved net profits of EGP 224,605,000 in 2025, compared to EGP 46,694,000 in 2024.
• Talaat Moustafa Group Holding announced a cash dividend of EGP 0.30 per share (Coupon No. 13), to be distributed in two installments:
– EGP 0.15 starting May 21, 2026
– EGP 0.15 starting July 30, 2026
The Entitlement to dividends transfers to the buyer until the end of trading on May 18, 2026.
• Shares of the National Company for Asset Management and Investment were temporarily listed with issued capital of EGP 55 million, divided into 11 million shares at a nominal value of EGP 5 per share, within the SME market.
• Shares of Al Ahleya for Investment and Development (NIRCO) were temporarily listed with issued capital of EGP 45 million, divided into 9 million shares at EGP 5 nominal value.
• Shares of Nasr Housing and Development were temporarily listed with issued capital of EGP 350 million, divided into 70 million shares at EGP 5 nominal value.
• Shares of the Egyptian Contracting Company (El Abd) were temporarily listed with issued capital of EGP 369,433,000, divided into 73,886,600 shares at EGP 5 nominal value.
• Shares of the Spring Manufacturing and Transport Equipment Company were temporarily listed with issued capital of EGP 125 million, divided into 12.5 million shares at EGP 10 nominal value.
• Shares of the Sinai Manganese Company were temporarily listed with issued capital of EGP 300 million, divided into 20 million shares at EGP 15 nominal value.
• The Alexandria National Financial Investments Company implemented a stock split, reducing the nominal value from EGP 5 to EGP 0.50 per share, increasing the number of shares to 52,250,000 instead of 5,225,000, while maintaining total capital at EGP 26,125,000.
Key Economic News:
• The Cabinet approved unified governance standards for selecting and evaluating state representatives in companies and boards.
• The Minister of Communications was authorized to sign agreements with global technology companies to support digital transformation in line with Egypt Vision 2030.
• The Prime Minister began a major tour to inaugurate 9 industrial projects in the Suez Canal Economic Zone, with total investments of $182.5 million, creating more than 1,300 jobs across multiple industrial sectors.
• The opening of a Modern Hygienic factory was replaced → A factory by Modern Hygienic International for paper and hygiene products was inaugurated with investments of $100 million.
• A factory by New Ceflon for aluminum products and cookware was inaugurated with investments of $2.5 million.
• A Green Recycle plastic recycling factory was inaugurated with investments of $5 million.
• A Pearl Polyurethane North Africa factory was inaugurated with investments of $3 million.
• The Prime Minister chaired a meeting of the Supreme Council of Energy to ensure sustainable energy supply for national projects.
• The Egyptian General Petroleum Corporation held a board meeting to ensure supply stability and meet financial obligations.
• The Minister of Petroleum met with the head of Parliament’s Economic Committee to strengthen coordination.
• The Minister of Industry discussed enhancing economic cooperation with the Ambassador of Belarus.
• The Foreign Trade Procedures Portal was launched in cooperation with UNCTAD to improve transparency and facilitate trade.
• The Minister of Planning discussed geopolitical developments and economic cooperation with French officials.
• Higher education development projects in Sinai and Canal cities were implemented with total investments of EGP 25.6 billion.
• The government reaffirmed its commitment to green transformation in alignment with Earth Day 2026.
• The Ministries of Communications and Culture are collaborating on digital transformation and artificial intelligence initiatives.
• The draft state budget for fiscal year 2026/2027 was referred to the parliamentary committee.
• The Financial Regulatory Authority issued new rules governing actuarial activities and insurance sector development.
• New regulations were introduced to improve the efficiency of the reinsurance market.
• The 30th edition of the “Made in Damietta” furniture exhibition was launched.
• The Central Bank issued new regulations for margin trading financing.
• Egyptian banks opened 9.8 million new accounts over 8 years as part of financial inclusion efforts.
• The Nilepreneurs initiative facilitated EGP 19 billion in financing for 14,000 clients.
• Mobile wallets reached 60 million, with transactions totaling EGP 4 trillion by the end of 2025.
• 46 million citizens now hold various bank cards.
• Reserve money increased to EGP 2.46 trillion by March 2026.
• Net foreign assets reached $15.5 billion.
• The total number of registered vehicles reached 11.05 million by the end of 2025.
• The Egyptian Exchange is working to list 6 additional companies under the government IPO program.
• A Turkish textile company signed an agreement to establish a $16.5 million project in Qantara West.
• A new shipping service was launched linking Sokhna Port with Indian ports.
• Misr for Central Clearing, Depository and Registry reported net profits of EGP 1.95 billion in 2025, marking a 15% increase.
• Egypt exported its first poultry shipment to Qatar (10 containers), with plans to expand exports due to surplus production.
-
Cairo Educational Services (CAED.CA) - Board of Directors' Decisions
Thursday 23/04/202612:05:27 PMRead moreCairo Educational Services (CAED.CA) - Board of Directors' Decisions
Company Name : Cairo Educational Services
ISIN Code : EGS72201C014
Reuters Code : CAED.CA
Content :
The Board of Directors' decisions held on 23/04/2026.
The BoD Decisions (190 KB) -
Suez Canal Company For Technology Settling (SCTS.CA) - Board of Directors' Decisions
Thursday 23/04/202612:02:02 PMRead moreSuez Canal Company For Technology Settling (SCTS.CA) - Board of Directors' Decisions
Company Name : Suez Canal Company For Technology Settling
ISIN Code : EGS740C1C010
Reuters Code : SCTS.CA
Content :
The Board of Directors' decisions held on 22/04/2026.
News Attachment 1 (497 KB)
News Attachment 2 (180 KB) -
cairo for investment and real estate development CIRA Educat (CIRA.CA) - Board of Directors' Decisions
Thursday 23/04/202611:57:34 AMRead morecairo for investment and real estate development CIRA Educat (CIRA.CA) - Board of Directors' Decisions
Company Name : cairo for investment and real estate development CIRA Educat
ISIN Code : EGS65541C012
Reuters Code : CIRA.CA
Content :
The Board of Directors' decisions held on 23/04/2026.
The BoD Decisions (463 KB)
The Business Results (2,617 KB) -
EGX Vice Chairman Participates in a Seminar on Financial Literacy and Investment at the Arab Academy for Science, Technology and Maritime Transport (AASTMT)
Thursday 23/04/202611:48:00 AMRead moreEGX Vice Chairman Participates in a Seminar on Financial Literacy and Investment at the Arab Academy for Science, Technology and Maritime Transport (AASTMT)
-
Listing Request from O G Capital for INVESTEMNTS 'SPAC'
Thursday 23/04/202611:39:43 AMRead moreListing Request from O G Capital for INVESTEMNTS 'SPAC'
In implementation of Article (20) of the listing rules, EGX announces receiving a listing request on 23/04/2026, to list the shares of O G Capital for INVESTEMNTS 'SPAC', Special Purpose Acquisition Company on the board of the Egyptian securities- shares (Main Market), where the listing documents are being fulfilled to be presented to the listing committee , as the following :
The total value of the issued capital to be listed: EGP 10 million
Number of shares: 10 million shares
par value EGP 1
The announcement shall be published for a period of five working days from its date.
-
Prime Minister Inaugurates Modern Hygienic Paper and Sanitary Products Factory with USD 100 Million Investment
Thursday 23/04/202610:55:59 AMRead morePrime Minister Inaugurates Modern Hygienic Paper and Sanitary Products Factory with USD 100 Million Investment
At the start of his tour in the Sokhna Integrated Industrial Zone, part of the Suez Canal Economic Zone, Prime Minister Dr. Mostafa Madbouly inaugurated the Modern Hygienic International (MHI) factory for paper and sanitary products, located within the “Oriental Industrial Projects (OIP)” developer zone.
During his inspection, the Prime Minister emphasized the government’s focus on projects that provide production inputs representing a large share of Egypt’s imports. He noted that such projects support the state’s plans to localize industry and transform Egypt into a regional hub for various industries and logistics activities. He praised investors’ growing confidence in the Suez Canal Economic Zone, especially given its recent success in attracting investments from diverse global partners.
Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone Authority, explained that the zone works to remove obstacles facing industrial developers and investors, aiming for greater synergy and role integration. He highlighted that the Modern Hygienic project strengthens value chains, reduces final production costs, and addresses current economic challenges by increasing the local component of raw materials, ultimately benefiting consumers and supporting exports.
During his tour of the factory, the Prime Minister and his delegation reviewed production stages, testing processes, and quality assurance. Eng. Mohamed Sobhy, Chairman of Modern Hygienic International, explained that the project’s total investment cost is USD 100 million, covering an area of 106,400 square meters. The factory specializes in producing reinforced paper as a raw material for sanitary products such as baby and adult diapers, with an annual production capacity of 1.2 billion diapers and 4,500 tons of raw materials.
Sobhy also outlined future expansion plans to utilize the full allocated area for manufacturing a wide range of paper products, detergents, cosmetics, and pulp. This will meet local market needs for both finished products and raw materials for sanitary and sterile paper products, maximizing the factory’s potential and boosting production volumes in the coming years, while increasing exports.
He noted that the factory is equipped with modern, advanced production lines that apply the highest quality standards, and highlighted existing partnerships with several global companies in the field of paper and sanitary products. -
Minister of State for Military Production: Applying Modern Management Systems and Establishing a Reward System Linked to Productivity
Thursday 23/04/202610:54:58 AMRead moreMinister of State for Military Production: Applying Modern Management Systems and Establishing a Reward System Linked to Productivity
During an inspection tour at Heliopolis Chemical Industries (Military Factory 81) to check on workflow:
Jumblat: Investing in human capital and encouraging innovation.
Dr. Eng. Salah Suleiman Jumblat, Minister of State for Military Production, reviewed the production process at Heliopolis Chemical Industries (Factory 81), a leading chemical manufacturer in Egypt and the Middle East. The visit aimed to ensure that targets are being met according to planned strategies.
The Minister began the visit with a presentation on the company’s activities, production rates, revenues, ongoing projects, and development plans. He then inspected production lines for formaldehyde, urea-formaldehyde, and hexamine, stressing that the company’s advanced manufacturing and technological capabilities, diverse production lines, high quality, and competitive prices form a strong base for global expansion and new export opportunities. This supports the political leadership’s directives to achieve industrial self-sufficiency.
He emphasized the need to move away from routine approaches, create new industries through innovative thinking, and use production capacities efficiently while maintaining continuous development.
The Minister also reviewed the company’s suggestion and complaint boxes and held a meeting with employees, directing specialists to study their proposals and demands.
Jumblat affirmed his belief that workers are the priority. In this regard, he issued directives to invest in human capital at Factory 81 by organizing specialized training courses, applying modern management systems—particularly transformational management—to improve performance, and establishing a reward system for outstanding employees linked to productivity and their ability to generate innovative ideas to improve product quality and operational efficiency.
He also instructed the provision of a safe and healthy work environment by applying occupational safety and health measures and embedding them as a workplace culture. He stressed the importance of organizing work shifts to protect workers’ health and prevent fatigue, expressing confidence in their ability to achieve further accomplishments. He concluded by affirming that investing in development today is an investment in the future of national industry and upcoming generations. -
In His First Meeting: Chairman of the Egyptian Exchange Heads Committee to List 6 Additional Companies Under the Government IPO Program
Thursday 23/04/202610:54:01 AMRead moreIn His First Meeting: Chairman of the Egyptian Exchange Heads Committee to List 6 Additional Companies Under the Government IPO Program
Radwan: The temporary listing includes 4 companies in the main market and 2 in the SME market.
Dr. Hashem El-Sayed: The listing is part of a comprehensive plan to implement the government IPO program.
Mr. Omar Radwan, Chairman of the Egyptian Exchange, held his first meeting after the Prime Minister’s decision appointing him to the role. He chaired the Listing Committee meeting, attended by Mr. Mohamed Sabry, Deputy Chairman of the Exchange, Dr. Hashem El-Sayed, CEO of the State-Owned Companies Unit, and representatives of the Exchange’s Board of Directors.
At the start of the meeting, the Chairman welcomed representatives of the six companies scheduled for temporary listing on the stock market, as part of the ongoing implementation of the government IPO program. He emphasized the importance of this step in supporting the state’s efforts to enhance the efficiency of the capital market and expand the base of listed companies.
He explained that the applicant companies include four qualified to join the main market, in addition to two companies set to be listed on the small and medium-sized enterprises (SME) market, reflecting the diversity of offerings and broadening of the market base.
Companies scheduled for temporary listing on the main market:
Sinai Manganese Company – issued capital EGP 300 million, divided into 20 million shares.
Leaf Springs and Transport Equipment Manufacturing Company – issued capital EGP 125 million, divided into 12.5 million shares.
Egyptian Joint Stock Contracting Company (El-Abd) – issued capital EGP 369,433,000, divided into 73,886,600 shares.
El-Nasr Housing and Development Company – issued capital EGP 350 million, divided into 70 million shares.
Companies scheduled for temporary listing on the SME market:
National Company for Asset Management and Investment – issued capital EGP 55 million, divided into 11 million shares.
El-Ahly Investment and Development Company (Nirco) – issued capital EGP 45 million, divided into 9 million shares.
Dr. Hashem El-Sayed, CEO of the State-Owned Companies Unit at the Cabinet, confirmed that the listing of these companies is part of a comprehensive plan to implement the government IPO program, aimed at maximizing the value of state-owned assets and improving corporate management efficiency, thereby contributing to sustainable economic growth and increasing the attractiveness of the Egyptian market to investors.
The Chairman of the Exchange stated that the listing of these companies is aligned with the government IPO program, which seeks to increase market capitalization, deepen the market, boost liquidity, expand the investor base, and attract more local and foreign investments. He added that the Egyptian Exchange continues to take all necessary measures to facilitate listing and trading processes, supporting market stability and enhancing its competitiveness regionally and internationally. -
CAPMAS and the Arab Academy: Information Partnership to Support Decision-Makers and Develop Human Resources
Thursday 23/04/202610:52:59 AMRead moreCAPMAS and the Arab Academy: Information Partnership to Support Decision-Makers and Develop Human Resources
Major General Eng. Akram Ahmed El-Gohary, President of the Central Agency for Public Mobilization and Statistics (CAPMAS), received Prof. Dr. Ismail Abdel Ghafar Farag, President of the Arab Academy for Science, Technology and Maritime Transport, along with his accompanying delegation, on Tuesday, April 21, 2026, at CAPMAS headquarters. The meeting aimed to explore ways of strengthening cooperation between the two sides and exchanging expertise in areas of mutual interest.
This meeting reflects CAPMAS’s ongoing efforts to expand cooperation with academic institutions and benefit from the capabilities and expertise available at the Arab Academy, contributing to the development of statistical work and supporting decision-makers.
During the meeting, Major General El-Gohary expressed his pride in cooperating with the Academy, praising its distinguished history and expertise in education, training, and scientific research. He emphasized the importance of collaboration to maximize the use of available resources.
For his part, Prof. Dr. Abdel Ghafar highlighted the vital role of CAPMAS in providing accurate and reliable data, which serves as a cornerstone for supporting development plans and shaping public policy. He commended the notable progress in Egypt’s statistical system.
Both sides stressed the importance of integrating CAPMAS’s information strength with the academic and research expertise of the Academy. Discussions focused on supporting evidence-based scientific research by providing the Academy with accurate and reliable statistics to serve as a foundation for studies and research. The meeting also explored ways to modernize the statistical system by leveraging the Academy’s technological capabilities in data collection and analysis, as well as building scientific cadres to enhance human resource efficiency in research and digital statistics.
The two parties emphasized the critical importance of employing artificial intelligence and big data technologies in advancing statistical work. They underscored the need to adopt smart solutions to extract predictive indicators that serve sustainable development goals, while preparing a generation of professionals capable of working with AI technologies to ensure fast and accurate information flow. This aligns with Egypt’s digital transformation and strengthens knowledge-based decision-making.
At the conclusion of the meeting, both sides agreed to continue coordination and consultation in the coming period to establish a practical framework for joint cooperation that achieves mutual interests and supports comprehensive development. -
CAPMAS: 1.5% Increase in the Industrial Production Index for Manufacturing and Extractive Industries in February 2026
Thursday 23/04/202610:52:04 AMRead moreCAPMAS: 1.5% Increase in the Industrial Production Index for Manufacturing and Extractive Industries in February 2026
On Wednesday, April 22, 2026, the Central Agency for Public Mobilization and Statistics (CAPMAS) released preliminary data for the industrial production index of manufacturing and extractive industries for February 2026.
The Agency updated the methodology of the index using the base year 2012/2013, applying the ISIC Rev.4 industrial activity classification, and using the monthly producer price index (base year 2012/2013) since January 2020.
The manufacturing and extractive industries index (excluding crude oil and petroleum products) reached 120.69 in February 2026 (preliminary) compared to 118.88 in January 2026 (final), marking a 1.5% increase.
Economic activities that recorded increases:
Pharmaceuticals, chemicals, and medicinal products: Index rose to 140.48 in February 2026 compared to 128.82 in January 2026, an increase of 9.05%, due to market conditions and the Egyptian Drug Authority.
Motor vehicle manufacturing: Index rose to 459.74 in February 2026 compared to 355.65 in January 2026, an increase of 29.27%, driven by supply and demand.
Economic activities that recorded decreases:
Textile industry: Index fell to 149.59 in February 2026 compared to 161.52 in January 2026, a decline of 7.39%, attributed to fewer worker shifts during Ramadan.
Printing and reproduction of recorded media: Index fell to 106.61 in February 2026 compared to 124.18 in January 2026, a decline of 14.15%, due to the completion of contracts with the Ministry of Education. -
CAPMAS: Egypt–Finland Trade Exchange Reaches USD 556.1 Million in 2025
Thursday 23/04/202610:51:24 AMRead moreCAPMAS: Egypt–Finland Trade Exchange Reaches USD 556.1 Million in 2025
As part of strengthening bilateral relations between Egypt and Finland and consultations on regional and international issues of mutual interest, President Abdel Fattah El-Sisi today received President Alexander Stubb of Finland.
In line with this official visit, the Central Agency for Public Mobilization and Statistics (CAPMAS) issued a press release highlighting economic relations between the two countries. Data published on Tuesday, April 21, 2026, showed that trade exchange between Egypt and Finland reached USD 556.1 million in 2025, compared to USD 614.8 million in 2024.
Egyptian exports to Finland recorded USD 42.3 million in 2025, up from USD 36.1 million in 2024, while Egyptian imports from Finland amounted to USD 513.8 million in 2025, compared to USD 578.7 million in 2024.
Main commodity groups exported by Egypt to Finland in 2025:
Inorganic chemical products – USD 17.8 million
Glass and glassware – USD 6.9 million
Edible fruits – USD 5.1 million
Carpets and other floor coverings – USD 3 million
Fertilizers – USD 2.5 million
Main commodity groups imported by Egypt from Finland in 2025:
Wood, wood products, and charcoal – USD 281.2 million
Electrical machinery and equipment – USD 61.9 million
Paper and paper products – USD 60 million
Pulp – USD 47.9 million
Iron, steel, and related products – USD 11.4 million
Finnish investments in Egypt reached USD 1 million in FY 2024/2025, compared to USD 800,000 in FY 2023/2024. Egyptian investments in Finland stood at USD 900,000 in FY 2024/2025, compared to USD 700,000 in FY 2023/2024.
Remittances from Egyptians working in Finland amounted to USD 5.1 million in FY 2024/2025, compared to USD 4.6 million in FY 2023/2024. Meanwhile, remittances from Finns working in Egypt reached USD 175,000 in FY 2024/2025, compared to USD 104,000 in FY 2023/2024.
Egypt’s population was recorded at 108.9 million in April 2026, while Finland’s population stood at 5.6 million during the same period. According to embassy estimates, around 1,200 Egyptians were residing in Finland by the end of 2024.
-
President of the Federation of Egyptian Chambers of Commerce Invites Finland to Build Trade Relations with Egypt, the Land of Promising Opportunities
Thursday 23/04/202610:49:10 AMRead morePresident of the Federation of Egyptian Chambers of Commerce Invites Finland to Build Trade Relations with Egypt, the Land of Promising Opportunities
In his opening speech at the Egypt–Finland Business Forum, organized by the Federation at its headquarters and attended by a delegation of Finnish businessmen and investors led by Jussi Herlin, Ambassador Jarno Syrjنlن, Undersecretary of State for International Trade, and Timo Jaatinen, Deputy Minister of Economic Affairs and Employment, along with Dr. Alaa Ezz, Advisor to the Federation’s President, Ahmed El-Wakil, President of the Federation of Egyptian Chambers of Commerce, emphasized the importance of strengthening economic cooperation with Finland. He stressed that cooperation should not be limited to bilateral relations but should extend to trilateral cooperation with Africa and the Arab world.
El-Wakil highlighted that Egypt is “the land of opportunities” in a highly turbulent region, noting that the business community sees opportunities rather than problems. Egypt offers security, political and economic stability, and strong public–private partnerships. He pointed out that Egypt’s new constitution enshrines “free market economy” and “private sector” as the only way forward.
He outlined opportunities in trade, infrastructure, manufacturing, services, and agriculture, enabled by major reforms such as the golden license, state ownership policy, and incentive packages through mega projects including the Suez Canal Corridor, reclamation of 1.5 million feddans, construction of 22 new fourth-generation cities, and modern infrastructure.
El-Wakil noted that Egypt’s population exceeds 120 million, with rising per capita income, making it the largest domestic market in the region. More importantly, Egypt’s strategic location at the heart of global trade routes, thanks to the Suez Canal, and its free trade zones give access to over 3 billion consumers for manufacturing and subcontracting, with full customs exemptions and only a 45% local content requirement. This includes the EU, UK, EFTA, Arab world, COMESA, Mercosur, the US, and all African countries.
He stressed that now is the time for serious work and joint efforts, encouraging Finland to provide industrial inputs for joint local manufacturing. Together, both sides can increase joint exports of goods and services to third countries, pursue assembly projects, or invest to benefit from free trade agreements.
El-Wakil added that Egypt and Finland can jointly implement infrastructure projects in Africa and reconstruction in neighboring countries, noting that Egypt’s top ten companies have invested more than USD 10 billion in 21 African countries in recent years. He called for cooperation in EU programs and projects dedicated to the Mediterranean and Africa, supported by more than EUR 22 billion in concessional loans and trade and investment guarantees from the EU, in addition to various donors and development banks and funds. -
Central Bank’s Net Foreign Assets Record USD 15.5 Billion by End of March 2026
Thursday 23/04/202610:48:18 AMRead moreCentral Bank’s Net Foreign Assets Record USD 15.5 Billion by End of March 2026
The net foreign assets of the Central Bank of Egypt stood at about USD 15.5 billion at the end of March 2026, equivalent to EGP 847.141 billion, compared to USD 15.634 billion (EGP 749.985 billion) at the end of February.
Data from the Central Bank showed that this change coincided with the rise in the exchange rate of the US dollar during March, reaching EGP 54.63 compared to EGP 47.97 in February.
Net foreign assets are considered one of the most important indicators of the strength and stability of the banking sector, as they reflect the difference between the Central Bank’s foreign currency assets and its liabilities. This helps assess the economy’s ability to withstand external pressures. -
Central Bank: Reserve Money (MO) Rises to EGP 2.46 Trillion by End of March 2026
Thursday 23/04/202610:47:41 AMRead moreCentral Bank: Reserve Money (MO) Rises to EGP 2.46 Trillion by End of March 2026
The Central Bank of Egypt revealed that reserve money (MO) reached EGP 2.463 trillion at the end of March, compared to EGP 2.362 trillion at the end of February.
In its latest report, the Central Bank explained that currency in circulation outside its vaults recorded EGP 1.694 trillion at the end of March, compared to EGP 1.603 trillion at the end of February. Meanwhile, banks’ deposits in local currency rose to EGP 768.935 billion, compared to EGP 759.409 billion at the end of February.
The Central Bank also disclosed that its net foreign assets stood at USD 15.5 billion by the end of March 2025, equivalent to EGP 847.141 billion, compared to USD 15.634 billion (EGP 749.985 billion) at the end of February 2025. -
Minister of Planning and Economic Development Discusses Current Geopolitical Crisis and Ways to Strengthen Economic Relations with France
Thursday 23/04/202610:46:56 AMRead moreMinister of Planning and Economic Development Discusses Current Geopolitical Crisis and Ways to Strengthen Economic Relations with France
Dr. Ahmed Rostom:
The government is committed to reform policies and fiscal discipline to consolidate macroeconomic stability.
Intensifying efforts to secure energy needs and ensure a safe strategic stock of essential goods.
Working on developing innovative financing mechanisms to guarantee infrastructure projects and increase private sector participation.
French delegation: French companies operating in Egypt commend the government’s proactive, gradual, and transparent handling of the crisis.
Dr. Ahmed Rostom, Minister of Planning and Economic Development, held an extensive meeting with a delegation from the French Ministry of Finance headed by Mr. Paul Thibault, Assistant Minister of Finance, and attended by Mr. ةric Chevallier, the French Ambassador to Cairo.
This meeting comes within the framework of the close strategic relations between the two countries and in support of joint development efforts under Egypt’s Vision 2030.
The Minister welcomed the French delegation, affirming the depth of the historic partnership between Cairo and Paris, clearly reflected in the diversity of cooperation paths, particularly in economic and developmental aspects.
Crisis Management and Economic Resilience
The meeting addressed ways to confront the repercussions of current regional tensions and the impact of rising petroleum prices on development gains and various economic sectors globally and across the region, including Egypt.
Dr. Rostom reviewed developments in the Egyptian economy, which recorded positive growth of about 5.3% during the first half of the current fiscal year, despite global challenges and uncertainty. This confirms the resilience of the economy and its ability to absorb shocks thanks to structural reforms implemented by the state.
He emphasized the government’s firm commitment to economic reform and fiscal discipline to consolidate macroeconomic stability. In terms of transparency and crisis management, the Minister highlighted proactive measures taken by the state to rationalize consumption, including setting closing times for certain commercial activities, while intensifying efforts to raise public awareness of the importance of these steps in overcoming current challenges.
Energy Security and Investment Promotion
On the economic security front, Dr. Rostom explained that the state is intensifying efforts to diversify energy sources by adding new renewable energy capacities to the national grid, enhancing petroleum exploration, and ensuring the availability of a safe and sustainable stock of essential and strategic goods.
He also outlined the government’s vision to maximize the role of the private sector in national projects, revealing ongoing work—together with the World Bank—to establish an advanced mechanism to guarantee financing for infrastructure projects. This aims to provide innovative financing systems that support private sector competitiveness and increase its contribution to economic growth.
French Praise for Business Environment
For their part, the French delegation expressed their country’s deep appreciation for strategic relations with Egypt, praising the effective measures taken by the Egyptian government to contain the repercussions of the global crisis and its continued adoption of economic reforms that enhance market efficiency.
The delegation noted a series of meetings held with representatives of French companies operating in Egypt—around 200 companies—who widely commended the noticeable and ongoing improvement in the investment climate and business environment, as well as the government’s proactive measures in handling the crisis, particularly regarding flexible exchange rate policies.
The delegation affirmed its commitment to providing innovative financing mechanisms to support priority projects, based on the vast economic potential of Egypt, which benefits from sectoral diversity and promising opportunities for future cooperation between the two countries. -
Misr for Central Clearing: EGP 1.95 Billion Net Profit in 2025, Up 15%
Thursday 23/04/202610:45:46 AMRead moreMisr for Central Clearing: EGP 1.95 Billion Net Profit in 2025, Up 15%
Source: Al-Mal
Misr for Central Clearing, Depository and Registry announced its financial results for the fiscal year ending December 31, 2025, achieving strong performance that reflects its continued upward trajectory and pivotal role in supporting the infrastructure of Egypt’s capital market.
The company recorded net profits of about EGP 1.95 billion, compared to EGP 1.69 billion in 2024, marking a growth rate of 15%. This indicates the strength of its performance and the success of its strategy in balancing financial growth with operational efficiency.
The company explained that this performance was driven by expanding services and accelerating digital transformation, which enhances the competitiveness of the Egyptian market and strengthens its infrastructure to keep pace with global developments. On the revenue side, operating revenues rose by 15%, while investment revenues jumped by 29% compared to the previous year, reflecting efficient resource management and value creation for shareholders.
Operationally, the company executed more than 28 million settlement transactions in 2025, with a total value close to EGP 1.3 trillion, representing nearly 15% growth. The number of companies registered in the central depository system rose to about 13,700, a 6% increase, reinforcing confidence in the depository framework.
Investor services also saw notable development, with the company providing around 41,000 services during the year, up 6%. It expanded electronic signature services, surpassing 73,000 clients, and issued more than 33,000 new certificates.
In line with its digital transformation efforts, the company continued to develop its mobile application “Egypt Clear” into a fully integrated digital platform, enabling investors to access services directly, securely, and quickly. By the end of 2025, the app had about 5,500 subscribers.
Chairman Dr. Khaled Serry Siam affirmed that the results reflect the strength of the institutional structure and the effectiveness of governance systems, noting that these achievements are the outcome of the efforts of the board, executive management, and employees in implementing a strategy focused on institutional and technological development and applying best international practices. He added that the board is keen to balance maximizing shareholder returns with maintaining market stability through prudent operational and investment policies that support sustainable growth.
Managing Director Eng. Hesham Mabrouk stated that the company is undergoing a qualitative transformation in its business model, which was clearly reflected in the 2025 results. He explained that growth now relies on diversified revenues, improved operational efficiency, and expansion in digital solutions, strengthening the company’s position as a cornerstone of Egypt’s digital financial infrastructure.
As part of its social responsibility, the company continues to support development initiatives in health, education, and social care, reflecting its commitment to balancing financial performance with community support.
-
Chairman of the Egyptian Exchange Heads Committee to List 6 Additional Companies Under the Government IPO Program
Thursday 23/04/202610:44:50 AMRead moreChairman of the Egyptian Exchange Heads Committee to List 6 Additional Companies Under the Government IPO Program
Source: Al-Mal
Omar Radwan, the newly appointed Chairman of the Egyptian Exchange, held his first meeting following the Prime Minister’s decision to appoint him. He chaired the Listing Committee meeting, attended by Mohamed Sabry, Deputy Chairman of the Exchange, Dr. Hashem El-Sayed, CEO of the State-Owned Companies Unit, along with representatives of the Exchange’s Board of Directors.
At the start of the meeting, the Chairman welcomed representatives of the six companies scheduled for temporary listing on the stock market, as part of the ongoing implementation of the government IPO program. He emphasized the importance of this step in supporting the state’s efforts to enhance the efficiency of the capital market and expand the base of listed companies.
He explained that the applicant companies include four qualified to join the main market, in addition to two companies set to be listed on the small and medium-sized enterprises (SME) market, reflecting the diversity of offerings and broadening of the market base.
The list of companies scheduled for temporary listing on the main market includes:
Sinai Manganese Company with issued capital of EGP 300 million, divided into 20 million shares.
Leaf Springs and Transport Equipment Manufacturing Company with issued capital of EGP 125 million, divided into 12.5 million shares.
Egyptian Joint Stock Contracting Company (El-Abd) with issued capital of EGP 369,433,000, divided into 73,886,600 shares.
El-Nasr Housing and Development Company with issued capital of EGP 350 million, divided into 70 million shares.
The list also includes two companies qualified to join the SME market:
National Company for Asset Management and Investment with issued capital of EGP 55 million, divided into 11 million shares.
El-Ahly Investment and Development Company (Nirco) with issued capital of EGP 45 million, divided into 9 million shares.
Dr. Hashem El-Sayed, CEO of the State-Owned Companies Unit at the Cabinet, confirmed that the listing of these companies is part of a comprehensive plan to implement the government IPO program, aimed at maximizing the value of state-owned assets and improving corporate management efficiency, thereby contributing to sustainable economic growth and increasing the attractiveness of the Egyptian market to investors.
The Chairman of the Exchange stated that the listing of these companies is aligned with the government IPO program, which seeks to increase market capitalization, deepen the market, boost liquidity, expand the investor base, and attract more local and foreign investments. He added that the Egyptian Exchange continues to take all necessary measures to facilitate listing and trading processes, supporting market stability and enhancing its competitiveness regionally and internationally.
-
Central Bank Issues Regulations for Margin Trading Financing
Thursday 23/04/202610:43:50 AMRead moreCentral Bank Issues Regulations for Margin Trading Financing
The Central Bank of Egypt has issued new regulations to govern the financing of margin trading in securities, as part of its efforts to maintain the stability and soundness of the banking sector and to limit risks associated with these operations, especially in light of current developments in financial markets.
In a circular addressed to banks, the Central Bank explained that its Board of Directors, in its meeting held on April 21, 2026, decided to require banks to establish internal policies—approved by their boards of directors—for organizing margin trading financing, with periodic reviews to ensure compliance with the decisions of the Financial Regulatory Authority.
The instructions included setting a maximum limit for financing allocated to margin trading, as well as imposing limits on financing for a single client and related parties, to ensure risk diversification within investment portfolios. They also required a cap on dealings in securities outside the EGX 100 index, not exceeding 10% of each client’s total portfolio.
The Central Bank obliged banks to establish clear procedures for handling cases of exceeding the prescribed limits, including notifying clients to take corrective measures—either by repayment or providing additional collateral—within specified timeframes, and defining mechanisms for the bank’s action in case of non-compliance, including selling securities and liquidating collateral.
The regulations also stressed the need for effective monitoring systems to track risks associated with these operations on a daily basis and to ensure compliance with the set limits, as well as requiring that the securities involved be held with the bank itself.
The Central Bank confirmed that financing must be provided only in Egyptian pounds and restricted to securities listed on the stock exchange. It prohibited dealings in the bank’s own shares and disallowed facilities for financing purchases of shares in companies where the client is a major shareholder or a board member.
The regulations required banks to disclose these facilities within the Central Bank’s credit registry system and credit rating agencies, considering them unsecured facilities.
The Central Bank granted banks a six-month grace period to adjust existing portfolios in line with these instructions, while affirming the continued enforcement of previous regulations issued in June 2001, which restricted facilities granted to brokerage firms to covering the time gap between execution and settlement of transactions, with necessary measures to mitigate risks during the settlement period. -
Listing Committee Decision Concerning Some Companies
Thursday 23/04/202610:43:28 AMRead moreListing Committee Decision Concerning Some Companies
the Listing Committee held on 22/04/2026 decided to grant the companies a week from the date of notifying the company. to provide the EGX with a shareholders structure for the period ending on 31/03/2026 in accordance with Article 30 of the Listing Rules and Article 43 of the executive regulations
Misr Kuwait Investment & Trading Co.
El Obour Real Estate Investment
Arab Valves Company
Sinai Cement
Arab Co. for Asset Management
-
Housing & Development Bank (HDBK.CA) - Disclosure Form Concerning the BoD & the Shareholders' Structure
Thursday 23/04/202610:36:25 AMRead moreHousing & Development Bank (HDBK.CA) - Disclosure Form Concerning the BoD & the Shareholders' Structure
Company Name : Housing & Development Bank
ISIN Code : EGS60301C016
Reuters Code : HDBK.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended on 31/03/2026 according to Article 30 of the Listing Rules.
Shareholders' Structure in Arabic & English (3,269 KB) -
Alexandria Spinning & Weaving (SPINALEX) (SPIN.CA) Listing Committee Decision
Thursday 23/04/202610:33:31 AMRead moreAlexandria Spinning & Weaving (SPINALEX) (SPIN.CA) Listing Committee Decision
Company Name : Alexandria Spinning & Weaving (SPINALEX)
ISIN Code : EGS32041C013
Reuters Code : SPIN.CA
Content :
With reference to the provisions of Article 46 of the Listing Rules related to preparing and providing the EGX with the quarterly financial statements for the financial period ending on 31/12/2025 the Listing Committee held on 22/04/2026 decided to Impose an EGP 40000 penalty on the company due to the violation of Article 46 of the Listing Rules. in light of the provisions of Article 64 of the executive regulations.
-
Aman For Securitization 1st Iss 2nd Pro Tranche C Oct 2027 FR (EGBAMSC1P2CCF) Declares Bond Dividends for Coupon No. (5)
Thursday 23/04/202610:33:04 AMRead moreAman For Securitization 1st Iss 2nd Pro Tranche C Oct 2027 FR (EGBAMSC1P2CCF) Declares Bond Dividends for Coupon No. (5)
Issuer Name : Aman For Securitization 1st Iss 2nd Pro Tranche C Oct 2027 FR
ISIN Code : EGB697J1S372
Reuters Code : EGBAMSC1P2CCF
Interest Type : Fixed
Coupon Interest : 21.05%
Coupon Amount : EGP 1.7301369863
Coupon Number : 5
Coupon Date : 29/04/2026
Coupon Payment Date : 30/04/2026
-
cairo for investment and real estate development CIRA Educat (CIRA.CA) Listing Committee Decision
Thursday 23/04/202610:31:37 AMRead morecairo for investment and real estate development CIRA Educat (CIRA.CA) Listing Committee Decision
Company Name : cairo for investment and real estate development CIRA Educat
ISIN Code : EGS65541C012
Reuters Code : CIRA.CA
Content :
With reference to the provisions of Article 46 of the Listing Rules, related to preparing and providing the EGX with the quarterly financial statements for the financial period ending on 28/02/2026 the Listing Committee held on 22/04/2026 decided to impose a EGP 5000 penalty on the company in light of the provisions of Article 64 of the executive regulations. Grant the company a period of 15 days from the end of the granted period to provide EGX with the quarterly financial statements for the financial period ending on 28/02/2026 .
-
Capital For Securitization The Second Issue-First Program Tranche C December 2026 (CAPSEC2P1C=CA) Declares Bond Dividends for Coupon No. (52)
Thursday 23/04/202610:30:47 AMRead moreCapital For Securitization The Second Issue-First Program Tranche C December 2026 (CAPSEC2P1C=CA) Declares Bond Dividends for Coupon No. (52)
Issuer Name : Capital For Securitization The Second Issue-First Program Tranche C December 2026
ISIN Code : EGB69611S238
Reuters Code : CAPSEC2P1C=CA
Interest Type : Floating
Coupon Interest : 20.45%
Coupon Amount : EGP 0.5204172332
Coupon Number : 52
Coupon Date : 29/04/2026
Coupon Payment Date : 30/04/2026
Notes :
Bond redemption EGP 1.1484446778
-
Suez Canal Company For Technology Settling (SCTS.CA) Listing Committee Decision
Thursday 23/04/202610:30:14 AMRead moreSuez Canal Company For Technology Settling (SCTS.CA) Listing Committee Decision
Company Name : Suez Canal Company For Technology Settling
ISIN Code : EGS740C1C010
Reuters Code : SCTS.CA
Content :
With reference to the provisions of Article 46 of the Listing Rules, related to preparing and providing the EGX with the quarterly financial statements for the financial period ending on 28/02/2026 the Listing Committee held on 22/04/2026 decided to impose a EGP 5000 penalty on the company in light of the provisions of Article 64 of the executive regulations.
