Market News
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Coupon price no. (8), of the Egyptian Treasury Bonds 13 August 2027 Variable Return.
Tuesday 12/05/202613:49:50 PMRead moreCoupon price no. (8), of the Egyptian Treasury Bonds 13 August 2027 Variable Return.
With reference to the letter of the Ministry of Finance on 12/05/2026 regarding the Egyptian Treasury Bonds 13 August 2027 Variable Return, according to the prospectus, a quarterly coupon is due on these bonds, which is determined at the beginning of the period and is disbursed and recalculated every three months, according to the change in the average corridor rate of the central bank, since the coupon no.(8) for this bond is due on 13/08/2026, the price of the coupon is 24.7428%.
ISIN Code: EGBGR05841V1
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Ismailia Misr Poultry (ISMA.CA) Reports 3 Months Consolidated Results
Tuesday 12/05/202613:47:29 PMRead moreIsmailia Misr Poultry (ISMA.CA) Reports 3 Months Consolidated Results
Company Name : Ismailia Misr Poultry
ISIN Code : EGS02021C011
Currency : EGP
F/S Consolidated Period : From 01/01/2026 To 31/03/2026
Net Profit : 10,660,986
F/S Consolidated Period : From 01/01/2025 To 31/03/2025
Net Comparative Profit : 16,323,448
Audit Status : Reviewed
Comment : Taking into consideration the rights of the minority
Source : Ismailia Misr Poultry
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Ismailia Misr Poultry (ISMA.CA) Reports 3 Months Consolidated Results
Tuesday 12/05/202613:47:29 PMRead moreIsmailia Misr Poultry (ISMA.CA) Reports 3 Months Consolidated Results
Company Name : Ismailia Misr Poultry
ISIN Code : EGS02021C011
Currency : EGP
F/S Consolidated Period : From 01/01/2026 To 31/03/2026
Net Profit : 10,660,986
F/S Consolidated Period : From 01/01/2025 To 31/03/2025
Net Comparative Profit : 16,323,448
Audit Status : Reviewed
Comment : Taking into consideration the rights of the minority
Source : Ismailia Misr Poultry
The Financial Statements (5,931 KB) -
Ismailia Misr Poultry (ISMA.CA) Reports 3 Months Standalone Results
Tuesday 12/05/202613:45:39 PMRead moreIsmailia Misr Poultry (ISMA.CA) Reports 3 Months Standalone Results
Company Name : Ismailia Misr Poultry
ISIN Code : EGS02021C011
Currency : EGP
F/S Standalone Period : From 01/01/2026 To 31/03/2026
Net Profit : 10,660,986
F/S Standalone Period : From 01/01/2025 To 31/03/2025
Net Comparative Profit : 16,323,448
Audit Status : Reviewed
Source : Ismailia Misr Poultry
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Ismailia Misr Poultry (ISMA.CA) Reports 3 Months Standalone Results
Tuesday 12/05/202613:45:39 PMRead moreIsmailia Misr Poultry (ISMA.CA) Reports 3 Months Standalone Results
Company Name : Ismailia Misr Poultry
ISIN Code : EGS02021C011
Currency : EGP
F/S Standalone Period : From 01/01/2026 To 31/03/2026
Net Profit : 10,660,986
F/S Standalone Period : From 01/01/2025 To 31/03/2025
Net Comparative Profit : 16,323,448
Audit Status : Reviewed
Source : Ismailia Misr Poultry
The Financial Statements (6,425 KB) -
Ismailia Misr Poultry (ISMA.CA) - Board of Directors' Meeting Minutes
Tuesday 12/05/202613:41:42 PMRead moreIsmailia Misr Poultry (ISMA.CA) - Board of Directors' Meeting Minutes
Company Name : Ismailia Misr Poultry
ISIN Code : EGS02021C011
Reuters Code : ISMA.CA
Content :
The Board of Directors' meeting minutes held on 11/05/2026.
The BoD Meeting Minutes (969 KB)
The BoD Report (2,340 KB) -
Release from Tycoon Investments Holding (ANFI.CA) Concerning Company's E-mail
Tuesday 12/05/202613:36:31 PMRead moreRelease from Tycoon Investments Holding (ANFI.CA) Concerning Company's E-mail
Company Name : Tycoon Investments Holding
ISIN Code : EGS67331C016
Reuters Code : ANFI.CA
Content :
Release from the company concerning changing the company's e-mail
Release from the Company (27 KB) -
Medinet MASR Housing (MASR.CA) - AGM Minutes (after Certification)
Tuesday 12/05/202613:32:24 PMRead moreMedinet MASR Housing (MASR.CA) - AGM Minutes (after Certification)
Company Name : Medinet MASR Housing
ISIN Code : EGS65571C019
Reuters Code : MASR.CA
Content :
AGM minutes after certification
Assembly Date : 23/04/2026
AGM Minutes (after Certification) (306 KB) -
CIB – Egypt achieves EGP 17.7 billion in net profits during the first quarter of 2026
Tuesday 12/05/202612:56:03 PMRead moreCIB – Egypt achieves EGP 17.7 billion in net profits during the first quarter of 2026
Commercial International Bank – Egypt (CIB) achieved net profits of EGP 17.738 billion during the first quarter of 2026, compared to EGP 16.596 billion during the same period in 2025, representing growth of nearly 7%, according to the bank's standalone financial statements.
The standalone income statement showed an increase in net interest income to EGP 29.529 billion by the end of March 2026, compared to EGP 25.296 billion by the end of March 2025, supported by growth in loan and similar revenues to EGP 53.038 billion. Profit before income tax reached approximately EGP 25.461 billion during the first three months of this year, compared to EGP 22.699 billion in the same period last year, while income tax expenses amounted to EGP 6.305 billion.
On the financial front, the bank's total assets increased to EGP 1.561 trillion by the end of March 2026, compared to EGP 1.436 trillion at the end of December 2025. The net loan and customer facilities portfolio rose to EGP 545.903 billion by the end of March, compared to approximately EGP 503.361 billion at the end of December 2025. Customer deposits also increased to EGP 1.210 trillion, compared to EGP 1.105 trillion during the same period.
Financial investments measured at fair value through other comprehensive income reached EGP 374.989 billion, while financial investments measured at amortized cost amounted to approximately EGP 264.070 billion by the end of March 2026. Total equity reached approximately EGP 214.239 billion by the end of March 2026, compared to EGP 230.015 billion at the end of December 2025. Issued and paid-up capital stood at EGP 33.779 billion. -
Al Baraka Bank – Egypt achieves profits of EGP 1.21 billion during the first quarter of 2026
Tuesday 12/05/202612:55:23 PMRead moreAl Baraka Bank – Egypt achieves profits of EGP 1.21 billion during the first quarter of 2026
Al Baraka Bank – Egypt announced its financial results for the first quarter of 2026, revealing the sustainability of its financial indicators achieved during the period. This supports the bank's strategy of establishing a presence in the Islamic banking sector in Egypt and its ability to meet the needs of its clients.
During the first three months of the year, the bank achieved net profits after tax of EGP 816 million, while profits before tax reached EGP 1.21 billion by the end of March 2026. The bank also achieved strong profitability indicators, with a return on total assets (ROA) of approximately 2.1% and a return on total equity (ROE) of approximately 21%.
On the financial front, total assets increased by 4.5% to reach EGP 152.5 billion by the end of March 2026. Shareholders' equity stood at EGP 15.2 billion, a decrease of 3.1% compared to the end of 2025. Customer confidence in the bank witnessed significant growth, with the customer deposit portfolio reaching EGP 128.4 billion by the end of March 2026, an increase of EGP 5.7 billion, representing a growth rate of 4.6% compared to the end of the previous year.
This growth was driven by retail deposits, which increased by EGP 5.8 billion, or 7%, to reach EGP 88.7 billion, accounting for 69% of the bank's total deposits. Meanwhile, corporate deposits reached EGP 39.7 billion by the end of March 2026. This was accompanied by growth in operating income, which reached EGP 2.27 billion, thanks to a rise in net interest income to EGP 1.89 billion, a growth rate of 4.2%. Net income from fees, commissions, and other revenues increased by 1.5% to reach EGP 380 million, representing 16.8% of total operating income.
In parallel with the growth in deposits, the loan portfolio and facilities provided to customers reached EGP 79.2 billion, an increase of EGP 3.3 billion and a growth rate of 4.3% compared to the end of 2025, bringing the loan-to-deposit ratio to 61.8%.
At the corporate level, the portfolio reached EGP 60.3 billion, an increase of EGP 2.5 billion and a growth rate of 4.3%. Large corporate and syndicated loans grew by 5.7%, an increase of EGP 3 billion, reaching EGP 55.9 billion. Loans to small and medium-sized enterprises (SMEs) reached EGP 4.4 billion by the end of March 2026. Regarding the retail banking sector, personal loans increased by 4.4% to reach EGP 18.9 billion. Personal loans grew by 4.2% to reach EGP 18.3 billion, while the retail credit card portfolio jumped by 10.7% to reach EGP 519 million by the end of the first quarter of 2026. Hazem Hegazy, CEO and Vice Chairman of Al Baraka Bank – Egypt, commented on these results, saying: “Our efforts during the first quarter of 2026 focused on advancing our investment plans, the fruits of which we are seeing in the development of our digital transformation plans. We are working on upgrading our core banking system in parallel with opening and developing new digital branches. We believe that the success of these investments in digital platforms and enhanced geographical reach is a fundamental pillar for enhancing operational efficiency and providing Islamic banking services that meet modern technological requirements.” -
Customer deposits at CIB – Egypt jump to EGP 1.2 trillion during the first quarter of 2026
Tuesday 12/05/202612:54:41 PMRead moreCustomer deposits at CIB – Egypt jump to EGP 1.2 trillion during the first quarter of 2026
Customer deposits at Commercial International Bank – Egypt (CIB) rose to EGP 1.210 trillion during the first quarter of 2026, compared to EGP 1.105 trillion during the same period last year. The bank's total assets also increased to EGP 1.561 trillion by the end of March 2026, compared to EGP 1.436 trillion at the end of December 2025. According to the financial statements, the net customer loan and facilities portfolio increased to EGP 545.903 billion by the end of March, compared to approximately EGP 503.361 billion at the end of December 2025. Financial investments measured at fair value through other comprehensive income rose to EGP 374.989 billion, while financial investments measured at amortized cost reached approximately EGP 264.070 billion by the end of March 2026. Total equity reached approximately EGP 214.239 billion by the end of March 2026, compared to EGP 230.015 billion at the end of December 2025. Issued and paid-up capital also saw an increase. The bank achieved net profits of EGP 17.738 billion during the first quarter of 2026, compared to EGP 16.596 billion during the same period in 2025, representing growth of nearly 7%, according to the bank's standalone financial statements.
The standalone income statement showed an increase in net interest income to EGP 29.529 billion by the end of March 2026, compared to EGP 25.296 billion by the end of March 2025, supported by growth in loan and similar revenues to EGP 53.038 billion.
Profit before income tax reached approximately EGP 25.461 billion during the first three months of this year, compared to EGP 22.699 billion in the same period last year, while income tax expenses amounted to EGP 6.305 billion. -
CIB 's assets jump to EGP 1.6 trillion by the end of March 2026
Tuesday 12/05/202612:53:57 PMRead moreCIB 's assets jump to EGP 1.6 trillion by the end of March 2026
The standalone financial statements of Commercial International Bank (CIB) revealed that the bank's assets rose to EGP 1.560 trillion by the end of the first quarter of 2026, compared to EGP 1.436 trillion at the end of December 2025. The bank achieved net profits of EGP 17.738 billion during the first quarter of 2026, compared to EGP 16.596 billion during the same period in 2025, representing growth of nearly 7%.
Profit before income tax reached approximately EGP 25.461 billion during the first three months of this year, compared to EGP 22.699 billion in the same period of the previous year, while income tax expenses amounted to EGP 6.305 billion.
According to the financial statements, the net loan and customer facilities portfolio increased to EGP 545.903 billion by the end of March, compared to approximately EGP 503.361 billion at the end of December 2025. Customer deposits also rose to EGP 1.210 trillion, compared to EGP 1.105 trillion during the same period of the previous year.
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FRA issues its first report on the performance of investment funds for the first quarter of 2026
Tuesday 12/05/202612:53:17 PMRead moreFRA issues its first report on the performance of investment funds for the first quarter of 2026
- Net assets rise to over EGP 410 billion... and individual ownership exceeds 74%
Dr. Islam Azzam, Chairman of the Financial Regulatory Authority:
- Funds' performance confirms their significant role in strengthening the resilience of the Egyptian economy
- Figures reflect growing public confidence in funds as an investment option
The Financial Regulatory Authority, headed by Dr. Islam Azzam, issued its first report on the performance of investment funds operating in the Egyptian market for the first quarter of 2026. The report revealed strong growth rates, reflecting the increasing attractiveness of investment funds and the growing demand for them as one of the most important investment tools and options in the Egyptian market.
The report indicates that the net assets of investment funds rose to approximately EGP 410.6 billion by the end of March 2026, compared to EGP 316 billion by the end of December 2025. This increase was driven by the expansion in launching new funds, increasing the investor base, and diversifying the available investment products.
The report indicates that the total number of investment funds operating in the Egyptian market rose to 187 by the end of the first quarter of 2026, compared to 172 at the end of the previous year. This confirms the growth of asset management activity and the expansion of financial institutions in offering diverse investment products that suit the needs of various investor segments. This is of exceptional importance given the recent economic developments in the region and the world.
The number of investment fund units also witnessed remarkable growth, reaching 31.4 billion units by the end of March 2026, compared to 20.3 billion units at the end of December 2025. This is a clear indicator of increased investment awareness and a broader base of investors in investment funds.
The report reveals that individuals continue to hold the largest share of investment fund unit ownership at 74.34%, while corporate entities (companies and institutions) accounted for approximately 15.98%. This reflects the growing confidence of individuals in funds as safe investment vehicles subject to full oversight by the Financial Regulatory Authority.
Regarding the performance of different fund types, the report indicates that Egyptian pound money market funds lead in terms of net asset value, reaching approximately EGP 276.5 billion, followed by equity funds with net assets of EGP 56.4 billion. Precious metals funds also recorded strong growth, with net assets increasing from EGP 5.1 billion at the end of 2025 to over EGP 10 billion by the end of the first quarter of 2026, reflecting continued investor interest in precious metals-related instruments.
The report notes that several fund categories achieved competitive investment returns during the first quarter of the year. Precious metals funds recorded an average quarterly return of 20.37%, followed by index funds with a return of 7.54%, and private equity funds with a return of 7.21%. Dr. Islam Azzam stated that the positive indicators achieved by investment funds during the first quarter of 2026 confirm the remarkable resilience of the Egyptian economy despite international and regional tensions. He added that this resilience is further evidenced by the growing attractiveness of the non-banking financial sector and its ability to provide diverse and secure investment instruments that meet the needs of various investor segments.
He noted that the Financial Regulatory Authority (FRA) continues to develop the regulatory, supervisory, and legislative frameworks governing investment fund activities. This aims to enhance transparency and efficiency, protect investor rights, support innovation in non-banking financial products and services, and expand the use of financial technology. -
The Minister of Planning and Economic Development affirms the depth of the partnership between Egypt and the OECD to support economic reforms and enhance governance
Tuesday 12/05/202612:52:23 PMRead moreThe Minister of Planning and Economic Development affirms the depth of the partnership between Egypt and the OECD to support economic reforms and enhance governance
During the OECD Committee on External Relations Meeting
■ Minister of Planning and Economic Development Affirms the Depth of the Partnership Between Egypt and the OECD to Support Economic Reforms and Enhance Governance
■ Dr. Ahmed Rostom:
• Cooperation with the OECD is based on a shared commitment to supporting evidence-based policies and promoting institutional development.
• Planning for the “second phase” of the Country Programme will focus on governance, competitiveness, and strengthening the role of the private sector.
• International praise for the role of Egypt’s Country Programme in supporting structural reforms and establishing international best practices.
Dr. Ahmed Rostom, Minister of Planning and Economic Development, participated in the OECD Committee on External Relations meeting to review areas of joint cooperation between Egypt and the organization.
During his remarks, Dr. Rostom emphasized the depth of cooperation between Egypt and the OECD, reflecting a long-standing and evolving strategic partnership built on a shared commitment to supporting evidence-based policies, enhancing institutional development, and achieving inclusive and sustainable economic growth. The Minister of Planning and Economic Development explained that the pivotal starting point for cooperation between Egypt and the organization dates back to 2005, when Egypt became a founding partner in the organization's Middle East and North Africa initiative, thus establishing a sustainable institutional framework for dialogue and the exchange of expertise. He noted that this cooperation has witnessed continuous development, reflecting Egypt's growing engagement with the organization's standards and frameworks.
Dr. Ahmed Rostom highlighted the economic reform path adopted by Egypt since 2016, which is based on "Egypt Vision 2030" and the National Economic Reform Program, with the aim of restoring macroeconomic stability, enhancing competitiveness, and expanding the social safety net.
*Country Program Achievements and Launch of 10 Strategic Reports*
Dr. Ahmed Rostom addressed the closing conference of the Country Program, held in Cairo on May 4th, in the presence of Prime Minister Dr. Mostafa Madbouly and the Secretary-General of the organization. He explained that the event showcased the achievements of five years of close cooperation and the launch of 10 strategic reports prepared by the organization in priority areas, including innovation, investment, productivity, green growth, governance, and women's economic empowerment. These reports represent a significant asset that supports the policymaking process.
The Minister of Planning and Economic Development emphasized that the Country Program played a pivotal role in strengthening institutional capacities, improving coordination among government entities, and embedding the organization's standards within national policymaking mechanisms, thus ensuring the program's long-term sustainability.
Regarding monitoring mechanisms, Rostom explained that the Ministry of Planning and Economic Development developed a dedicated electronic platform to support the Country Program. This platform allows project managers in national entities to update progress rates and review various aspects of cooperation, thereby enhancing the utilization of shared themes and improving the efficiency of managing cooperation with the organization. He added that the impact of the first phase of the program extended regionally and internationally, with Egypt assuming the co-chairmanship of the OECD's Middle East and North Africa Initiative on "Governance and Competitiveness for Development" for the period 2026–2030 in May 2025, as well as the co-chairmanship of the Women's Economic Empowerment Forum. This reflects Egypt's growing role as an active partner in regional and international dialogue and policymaking.
In preparation for the second phase of the country program, the Minister of Planning and Economic Development revealed that the Ministry is leading extensive consultations with national stakeholders and the OECD to determine the priorities for the next phase. These priorities will be more focused and targeted, deepening structural reforms in the areas of competitiveness, governance, and private sector development, while also enhancing the integration of OECD standards and tools within national systems. This will support the sustainability of institutional reform and improve the efficiency of public policies.
Dr. [Name] concluded... Ahmed Rostom emphasized that the next phase of cooperation will focus on deepening structural reforms, enhancing the competitiveness of the Egyptian economy, and strengthening the capacity of state institutions to adopt more efficient and sustainable policies in accordance with international standards. This will support Egypt's development priorities and enhance the sustainability of the partnership with the organization.
The Egyptian Country Programme received widespread praise from representatives of the organization's member states, particularly those from the European Union, the United Kingdom, Turkey, Switzerland, Portugal, Greece, Germany, Austria, and Italy. Attendees commended the programme's role in supporting and accelerating economic reforms, aligning them with best practices and international standards. -
Banque Misr launches three new fixed interest rates of up to 17%
Tuesday 12/05/202612:51:35 PMRead moreBanque Misr launches three new fixed interest rates of up to 17%
Banque Misr has announced the launch of three new deposit products under the name "Flex Plus Deposits," offering a fixed return of up to 17% with varying terms and payment frequencies. Automatic renewal and the ability to borrow against the deposit are also available, subject to the bank's terms and conditions. The following details the deposits, as published on the Federation of Egyptian Banks' website:
Flex Plus 6-Month Term Deposit:
This deposit is issued in Egyptian pounds and is available to individual customers only.
Deposit Term: 6 months
Minimum Amount: EGP 50,000
Return Rate: 17%
Payment Frequency: Paid at the end of the term
The deposit can be withdrawn before its term expires at any time, subject to applicable redemption rules.
Automatic renewal of the deposit is possible for further terms.
Loans can be obtained against the deposit, subject to the bank's regulations.
Flex Plus 6-Month Monthly Interest Deposit:
This deposit is issued in Egyptian pounds and is available to individual customers only.
Deposit Term: 6 months
Minimum Amount: EGP 100,000 and multiples of EGP 1,000. Fixed Return: 16.5%
Payment Frequency: Monthly
The deposit can be withdrawn before its maturity date at any time according to the applicable withdrawal rules.
The deposit can be automatically renewed for further periods.
Loans can be obtained using the deposit as collateral according to the bank's regulations.
Flex Plus Deposit with Monthly Returns for a 9-Month Term:
The deposit is issued in Egyptian Pounds to individual customers only.
Deposit Term: 9 months
Minimum Amount: EGP 100,000 and multiples of EGP 1,000
Fixed Return Rate: 16%
Payment Frequency: Monthly
The deposit can be withdrawn before its maturity date at any time according to the applicable withdrawal rules.
The deposit can be automatically renewed for further periods.
Loans can be obtained using the deposit as collateral according to the bank's regulations. -
The Chairman of the General Authority for FRA chairs the meetings of the Emerging Markets Committee of the International Organization of Securities Commissions (IOSCO)
Tuesday 12/05/202612:50:53 PMRead moreThe Chairman of the General Authority for FRA chairs the meetings of the Emerging Markets Committee of the International Organization of Securities Commissions (IOSCO)
Dr. Islam Azzam, Chairman of the FRA (Financial Regulatory Authority) and Chairman of the Growth and Emerging Markets Committee (GEMC) of the International Organization of Securities Commissions, stated that developing the committee’s activities in line with the needs of emerging markets contributes to strengthening investor protection. He emphasized that capacity building and knowledge exchange are essential elements in supporting the development of emerging markets, while risks related to interest rates, refinancing, financial technology, and artificial intelligence have a multiplied impact on less mature markets. He also stressed that cross-border cooperation is a key tool for addressing these challenges.
Dr. Azzam chaired the first virtual general meeting of the GEMC for 2026, with broad participation from committee members, regulatory authorities, and capital market representatives from various emerging and developing countries. The meeting reflected the committee’s pivotal role in supporting market development and enhancing international cooperation among regulatory bodies.
The GEMC is the largest committee within IOSCO, representing more than 75% of the organization’s members. Its membership includes 90 members and 24 associate members without voting rights, including some of the world’s fastest-growing economies and 10 members of the G20.
IOSCO is considered the world’s leading reference body for establishing the principles and standards governing financial markets. Countries seek to comply with its standards to ensure market fairness, transparency, efficiency, and proper risk management. The organization includes approximately 95% of the world’s securities regulators in its membership.
At the opening of the meeting, Dr. Azzam welcomed committee members and expressed appreciation for the support he received following his election as Chairman of the committee in March 2026 for the remainder of the 2024–2026 term, as well as for the new 2026–2028 term. He reaffirmed his commitment to strengthening the committee’s role and expanding the support it provides to its 117 members, reinforcing its position as one of IOSCO’s most influential committees representing the interests of emerging and developing markets internationally.
An International Platform for Knowledge Exchange and Policy Development
In his remarks, Dr. Azzam emphasized that the GEMC serves as a major international platform for exchanging regulatory expertise and experiences, as well as discussing priority issues for emerging markets. He noted that chairing the committee carries special significance because the committee’s chair also serves, by virtue of the position, as Vice Chair of the IOSCO Board, reflecting the committee’s institutional importance and influential role in shaping global regulatory directions for capital markets.
He also highlighted the importance of continuously developing the committee’s agenda to reflect the needs of emerging markets and support IOSCO’s core objectives, particularly investor protection, market integrity and efficiency, and financial stability amid accelerating global challenges and rapid developments in financial technology, digitalization, and investment products.
Support from the IOSCO Board and Capacity-Building Activities
The meeting featured participation from Jean-Paul Servais, Chair of the IOSCO Board. During his introduction, Dr. Azzam stressed the importance of the support provided by the IOSCO Board to the GEMC, noting its role in reinforcing the committee’s status as a key platform for sharing expertise and lessons learned related to emerging markets.
Rodrigo Buenaventura, IOSCO Secretary General, also participated in the meeting. Discussions covered the organization’s capacity-building initiatives aimed at supporting committee members, as well as the results of the Market Development Survey conducted by the committee in March 2026 to identify future priorities.
Dr. Azzam stressed that capacity building and knowledge exchange among committee members are fundamental to supporting market development efforts. He underscored the importance of prioritizing initiatives amid the diversity of issues facing emerging markets, while leveraging strategic partnerships with international institutions such as the World Bank, the International Monetary Fund, and regional development banks to improve market efficiency and strengthen regulatory capabilities.
He explained that the committee would work closely with the organization’s General Secretariat to ensure that future meetings and workshops reflect the actual priorities of emerging markets, supporting capital market development, financial stability, inclusion, and sustainability.
Analysis of Global Debt Risks and Emerging Market Challenges
The meeting also included extensive discussions on global market developments and risks affecting emerging markets. Carmine Di Noia, Director for Financial and Enterprise Affairs at the Organisation for Economic Co-operation and Development, presented key findings from the 2026 Global Debt Report, highlighting growing challenges in global debt markets, including rising interest rates, refinancing risks, shifts in investor preferences, and increasing borrowing needs despite continued market resilience.
The presentation also examined the impact of these developments on emerging economies, particularly regarding their ability to deepen local bond markets and attract long-term investors.
In addition, Eudald Canadell, Chair of IOSCO’s Committee on Emerging Risks, and Dr. Igor Koganov, Vice Chair of the committee, presented the 2026 Risk Outlook Report. The report addressed several escalating issues relevant to emerging markets, including developments in exchange-traded funds (ETFs), increased retail investor participation in private markets, changes in market behavior, and the growing use of artificial intelligence applications in financial products and services. It also explored regulatory and supervisory challenges related to digital assets and cross-border activities.
Participants discussed the importance of strengthening oversight and supervisory tools, leveraging supervisory technology (SupTech), and developing flexible, risk-based regulatory frameworks capable of keeping pace with rapid changes.
In this context, Dr. Azzam stressed that these risks are particularly significant for developing and emerging markets, especially in less mature market environments that may face challenges related to liquidity, disclosure, or regulatory resources. He emphasized the need for balanced and practical regulatory responses focused on enhancing disclosure, improving supervisory tools, and ensuring technology-neutral regulatory frameworks centered on effective risk management.
The Chairman also highlighted the importance of cross-border cooperation in addressing global risks, noting that the GEMC continues to play a vital role in facilitating the exchange of successful regulatory experiences among its members, contributing to stronger markets and greater readiness to deal with international developments.
At the conclusion of the meeting, Dr. Islam Azzam expressed appreciation for the active participation and constructive engagement of committee members, reaffirming the committee’s commitment to strengthening its role as an effective platform for supporting emerging markets. -
CBE withdraws liquidity worth EGP 45.5 billion through the open market auction
Tuesday 12/05/202612:49:10 PMRead moreCBE withdraws liquidity worth EGP 45.5 billion through the open market auction
The Central Bank of Egypt (CBE) withdrew EGP 45.5 billion in liquidity on Tuesday through an open market auction, with four participating banks offering deposits at an interest rate of 19.5%.
The CBE had previously issued instructions regarding the rules governing its main deposit-linking operation, which was conducted weekly through a fixed-price auction. The size of the auction was announced, and bids were accepted using an allocation method based on the ratio of each bank's bid to the total number of bids submitted, with the main operation's rate applied.
This change, aimed at adopting best international practices for managing excess liquidity in the banking system and enhancing the effectiveness of monetary policy decisions, involves shifting the bid acceptance method for the main deposit-linking operation from allocation to accepting all submitted bids. The results of each auction will be published on the CBE's website. -
Egypt’s economy grows 5% in Q3 FY2025/2026
Tuesday 12/05/202612:47:18 PMRead moreEgypt’s economy grows 5% in Q3 FY2025/2026
Business Today-
Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, reviewed the preliminary performance indicators of the Egyptian economy during the third quarter of fiscal year 2025/2026 at the cabinet’s weekly meeting.
The minister stated that Egypt’s GDP growth rate recorded a preliminary 5% during the third quarter of FY2025/2026, compared to 4.8% during the same period of the previous fiscal year.
He explained that the achieved growth exceeded expectations for the quarter despite the ongoing regional crisis, noting that growth had initially been projected to decline to 4.6% due to geopolitical tensions affecting supply chains and contributing to higher oil prices.
Rostom highlighted strong growth across several non-oil sectors during the quarter, with the Suez Canal recording growth of 23.6%, while the restaurants and hotels sector grew by 8.3%, and the construction sector expanded by 5.6%.
He also confirmed the continued partial recovery of the Suez Canal’s activity, stating that navigation traffic has gradually improved, allowing the canal to maintain positive growth for the third consecutive quarter at 23.6%, despite ongoing regional tensions and disruptions.
The minister further noted that non-oil manufacturing activity continued to achieve positive growth of 2.1%.
Industrial production, reflected in the manufacturing index, showed strong performance across several subsectors, including wood products, which grew by 60%, motor vehicle manufacturing by 27%, chemical products by 10%, and pharmaceuticals by 8%, while both paper and food industries recorded growth of 4%.
Rostom added that the construction sector rebounded with 5.6% growth during the third quarter after contracting in the previous quarter, driven by continued infrastructure projects and urban expansion.
He pointed to rising iron and cement sales during the quarter compared to the same period last year.
He also noted that international institutions expect strong growth for the construction sector in the coming years.
According to Fitch Ratings, the sector’s growth is projected to increase from 4.1% in FY2024-2025 to 5.6% in FY2026-2027, and further to 6.6% in FY2027-2028, supported by investments in energy projects, electricity grid modernization, renewable energy expansion, and large-scale industrial and urban development projects.
The minister added that the pace of contraction in the extractive industries sector has slowed amid intensified drilling and exploration programs, which have recently boosted oil and gas production.
He also highlighted the government’s efforts to support foreign partners by securing necessary supply facilitation measures and settling a significant portion of their dues.
These efforts helped reduce total arrears owed to foreign partners from $6.1 billion at the end of June 2024 to around $700 million, with the government aiming to fully settle all outstanding payments by the end of next June.
In the same context, Rostom noted that numerous oil and gas discoveries announced during March and April are expected to improve production levels and positively impact growth rates in the sector during the fourth quarter of FY2025/2026.
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Egypt garment exports rise 10% to $862M in Q1 2026
Tuesday 12/05/202612:46:46 PMRead moreEgypt garment exports rise 10% to $862M in Q1 2026
Business Today-
Egypt’s ready-made garment exports increased by 10% year-on-year during the first quarter of 2026, reaching $862 million, according to the Export Council for Ready-Made Garments.
The council said the performance reflects continued export momentum despite global economic challenges, alongside improved competitiveness of Egyptian manufacturing and sustained foreign demand for locally made products.
Europe remained the largest destination for Egyptian garment exports during the January–March period, accounting for around 44% of total exports. Shipments to European markets rose 21% year-on-year to $379 million, up from $313 million in the same period of 2025.
Exports to the United States also posted solid growth, climbing to $329 million in the first quarter of 2026, compared with $289 million a year earlier, reinforcing the U.S.’s position as one of Egypt’s top export markets.
Arab countries accounted for 13.4% of Egypt’s garment exports during the quarter.
Among individual markets, Turkey remained one of the leading importers of Egyptian garments, with imports rising to $101 million from $96 million in the corresponding period last year.
Italy emerged as one of the fastest-growing markets, with Egyptian garment exports to the country surging 103% year-on-year to $24 million.
By product category, trousers topped Egypt’s garment exports during the quarter, driven particularly by higher-value denim products. Exports in this category rose 16% to $332 million, compared with $286 million a year earlier.
Women’s blouses and woven shirts ranked second, generating $114 million in exports, up from $102 million in the first quarter of 2025, reflecting broader diversification across Egypt’s garment export base. -
Egypt secures $1B World Bank financing package backed by UK guarantee to support reforms and green growth
Tuesday 12/05/202612:46:10 PMRead moreEgypt secures $1B World Bank financing package backed by UK guarantee to support reforms and green growth
Business Today-
The World Bank Group approved a new $1 billion financing package for Egypt aimed at boosting private sector-led job creation, strengthening macroeconomic stability, and accelerating the country’s transition toward a greener economy.
The package includes a $200 million credit guarantee provided by the United Kingdom government, reflecting continued international backing for Egypt’s reform agenda amid ongoing regional and global economic pressures.
The financing comes as Egypt continues implementing economic reforms following two years of successive external shocks and renewed uncertainty linked to tensions in the Middle East.
According to the World Bank, reforms including exchange-rate unification, tighter fiscal discipline, and improvements in tax policy and administration have helped rebuild external buffers, ease inflationary pressures, improve investor confidence, and gradually support economic recovery.
The operation, titled “Generating Resilience, Opportunities, and Welfare for a Thriving Egypt II (GROWTH II)”, is designed to support policies that encourage job creation, improve the sustainability of public finances, and advance environmentally sustainable growth.
Stéphane Guimbert, the World Bank’s division director for Egypt, Yemen, and Djibouti, said Egypt is pursuing an “ambitious reform agenda” aimed at unlocking private investment, generating jobs, and protecting vulnerable households despite challenging regional and global conditions.
He added that the financing would support efforts to build a “more competitive, resilient and sustainable economy” capable of withstanding future shocks.
Samar Al Ahdal, Egypt’s deputy minister of foreign affairs for international cooperation, said the financing reflects the strong partnership between Egypt, the World Bank Group, and the United Kingdom, adding that the reforms supported under the programme are expected to create better jobs, protect vulnerable groups, and promote inclusive growth.
UK Ambassador to Egypt Mark Bryson-Richardson said the UK is proud to support Egypt’s reform programme through the guarantee agreement in partnership with the World Bank Group.
The programme supports reforms targeting stronger governance of state-owned enterprises, reduced barriers to private investment, and the enforcement of fair competition rules.
It also includes measures aimed at improving domestic revenue mobilisation, enhancing the efficiency of domestic debt markets, and lowering government borrowing costs.
On the social front, the programme seeks to expand protection for vulnerable households by automatically enrolling beneficiaries of the Takaful and Karama programme into Egypt’s Universal Health Insurance System.
The financing package also backs Egypt’s green transition through measures to improve greenhouse gas emissions monitoring, develop carbon credit markets, support demand-driven clean energy investments, and strengthen the financial sustainability of the electricity and water sectors.
The World Bank said the package represents the second operation in a three-part concessional financing programme offered on terms more favourable than market rates.
The programme is aligned with broader international support for Egypt’s reform agenda, including cooperation with the International Monetary Fund and the European Union, while the Asian Infrastructure Investment Bank is expected to provide parallel financing.
The financing is also consistent with the World Bank Group’s Country Partnership Framework for Egypt for 2023–2027, which focuses on supporting green, resilient, and inclusive development through stronger private sector participation, improved human capital outcomes, and greater resilience to economic shocks. -
Egypt & France seek to expand economic, trade cooperation
Tuesday 12/05/202612:45:33 PMRead moreEgypt & France seek to expand economic, trade cooperation
Business Today-
Minister of Foreign Affairs, Emigration and Egyptian Expatriates, Badr Abdelatty, held talks with his French counterpart, Jean-Noël Barrot, on ways to strengthen the strategic relations between the two countries, as well as the latest regional developments and efforts to de-escalate tensions in the region.
According to a statement issued by Egypt’s Ministry of Foreign Affairs, both ministers expressed their commitment to enhancing cooperation across various sectors, particularly in the economic and trade fields.
On regional issues, the two ministers reviewed developments in the ongoing negotiations between the United States and Iran.
Abdelatty stressed the importance of supporting the negotiation process as the only viable path toward de-escalation and ending the conflict, while emphasizing the need to preserve freedom of navigation and address the security concerns of the Gulf states.
The ministers also exchanged views on the Palestinian issue, with Abdelatty underlining the importance of implementing the commitments outlined in the first phase of the US plan and moving forward with the second phase.
He also highlighted the importance of the national committee tasked with managing the Gaza Strip beginning its work from inside Gaza, alongside the swift deployment of an international stabilization force.
The meeting further addressed the situation in Lebanon, where the Egyptian foreign minister reaffirmed Egypt’s support for Lebanon.
He stressed the importance of preserving Lebanon’s unity and territorial integrity, while supporting national institutions in fully carrying out their responsibilities to maintain the country’s security and stability. -
Egypt’s exports to France mark 4.6% rise in 2025
Tuesday 12/05/202612:44:45 PMRead moreEgypt’s exports to France mark 4.6% rise in 2025
Business Today-
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced that Egyptian exports to France increased to $1.14 billion in 2025, compared to $1.09 billion in 2024, marking a 4.6% rise.
Meanwhile, Egyptian imports from France declined by 1.6% to $1.82 billion in 2025, down from $1.85 billion in the previous year.
The figures were released in a statement highlighting the economic relations between Egypt and France, coinciding with President Abdel Fattah El-Sisi’s reception of French President Emmanuel Macron.
The visit focused on strengthening bilateral relations and participating in the inauguration ceremony of the new headquarters of Senghor University.
According to CAPMAS, trade exchange between the two countries rose by 1 percent to reach $2.96 billion in 2025, compared to $2.94 billion in 2024.
Egypt’s top exports to France during 2025 included fertilizers valued at $313 million, electrical machinery and equipment worth $260 million, vegetables and fruits at $88.4 million, organic and inorganic chemical products worth $81.4 million, and ready-made garments valued at $70 million.
On the import side, Egypt’s main imports from France included pharmaceutical products worth $290 million, electrical machinery and equipment valued at $260 million, vehicles, tractors, motorcycles, and spare parts worth $207 million, grains valued at $152 million, and dairy products, eggs, and honey worth $71.4 million.
The agency also noted a significant increase in French investments in Egypt, which reached $767.1 million during the 2024/2025 fiscal year, compared to $483.8 million in 2023/2024, reflecting a growth rate of 58.6%.
Egyptian investments in France also surged to $398.1 million during the 2024/2025 fiscal year, up from $238.3 million in the previous fiscal year, marking a 67.1% increase.
In addition, remittances from Egyptians working in France rose by 40.2% to $99.7 million during the 2024/2025 fiscal year, compared to $71.1 million a year earlier.
Remittances from French nationals working in Egypt also increased by 25.5%, reaching $17.7 million, up from $14.1 million in the previous fiscal year. -
Egypt pushes industrial expansion to attract local & foreign investments | PM
Tuesday 12/05/202612:44:13 PMRead moreEgypt pushes industrial expansion to attract local & foreign investments | PM
Business Today-
Prime Minister, Mostafa Madbouly, stated that the industrial sector is one of the most promising drivers of economic growth, alongside key sectors such as agriculture, tourism, and information and communications technology (ICT).
During an extensive tour to inaugurate and inspect a number of factories in Sadat City and 6th of October City, Madbouly said the government is placing strong confidence in the capabilities of the industrial sector.
He noted that the state has worked to provide the necessary infrastructure to support and strengthen the sector, enabling it to fully perform its role in driving development.
He added that the government has also moved to secure the requirements needed to provide factories with production inputs and raw materials, while addressing the various challenges facing different industries.
These efforts aim to localize and promote manufacturing in partnership with the private sector, increase domestic investments, and attract more foreign and Arab investments as part of Egypt’s strategy to become a regional industrial hub.
In this context, Madbouly stressed that the government firmly believes in the vital role of the private sector in economic development and is committed to expanding its contribution across various economic activities.
This, he said, will help create thousands of job opportunities, boost exports to international markets, and reduce the country’s import bill. -
Egypt targets 6.8% economic growth & EGP 3.7TN investments by 2029/2030
Tuesday 12/05/202612:43:30 PMRead moreEgypt targets 6.8% economic growth & EGP 3.7TN investments by 2029/2030
Business Today-
Ahmed Rostom, Minister of Planning and Economic Development, reviewed the targets of Egypt’s economic and social development plan for fiscal year 2026/2027, along with the medium-term framework extending to 2029/2030, during a meeting of the House of Representatives’ Plan and Budget Committee chaired by Member of Parliament (MP) Mohamed Soliman.
The minister stressed the importance of continuous coordination with Parliament and its specialized committees to monitor the implementation of development plans and support national development targets. He reaffirmed the government’s commitment to President Abdel Fattah El-Sisi’s directives aimed at improving economic performance and raising citizens’ living standards, while prioritizing national projects and the comprehensive health insurance program.
Rostom said the Egyptian economy has shown notable resilience in the face of regional and global challenges, noting that growth during the first half of the current fiscal year reached 5.3%. He added that the new plan targets growth ranging between 5.2% and 5.4%, with the rate expected to rise to 6.8% by the end of the medium-term plan.
He explained that five main sectors are expected to drive 64% of the targeted growth, led by manufacturing industries at 29%, followed by wholesale and retail trade at 11.3%, tourism at 9.3%, construction at 7.2%, and agriculture at 7%.
On investments, the plan aims to increase total investments to EGP 3.7 trillion, including EGP 1.5 trillion in public investments representing 41%, and EGP 2.2 trillion in private investments accounting for 59%. The government also targets raising the investment rate to 17% of GDP while strengthening the role of the private sector through governance of public investments and rationalization of spending.
The minister revealed that the medium-term plan seeks to raise the investment rate to 20% of GDP by 2029/2030, while increasing the share of private investments to 64%.
Regarding human development, Rostom noted a 25% increase in health sector allocations and the expansion of the comprehensive health insurance project. He also highlighted a 57% increase in social solidarity allocations, alongside an 11% rise in funding for both pre-university and higher education.
Rostom also warned of the impact of regional tensions on the global economy due to supply chain disruptions and rising energy and food prices.
He stressed that the government is working to strengthen strategic reserves of essential commodities, secure energy needs, expand reliance on renewable energy sources, and continuously monitor the impact of external developments on economic targets.
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Ismailia Misr Poultry (ISMA.CA) - AGM Minutes (after Certification)
Tuesday 12/05/202612:32:12 PMRead moreIsmailia Misr Poultry (ISMA.CA) - AGM Minutes (after Certification)
Company Name : Ismailia Misr Poultry
ISIN Code : EGS02021C011
Reuters Code : ISMA.CA
Content :
AGM minutes after certification
Assembly Date : 21/04/2026
AGM Minutes (after Certification) (3,056 KB) -
Release from ARAB Developers Holding (PORT.CA) Regarding the Subscription Coverage Ratio
Tuesday 12/05/202612:29:30 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 second phase of the company's capital increase shares.
Release from the Company (1,076 KB) -
EGX Daily Report 11/05/2026
Tuesday 12/05/202612:07:25 PMRead moreEGX Daily Report 11/05/2026
EGX 30 index closed at 54,475.49 points, recording a decline of 0.28%. EGX70 EWI index posted 0.71% gain concluding the day at 14,807.86 points, while EGX100 EWI index rose by 0.61% and concluded the day at 20,679.18 points.
EGX 33 Shariah Index declined by 0.25% and concluded the day at 5,873.92 points . EGX 30 index capped declined by 0.26% and concluded at 66,507.47 points.
Total market capitalization reached EGP 3,814.3 billion at end of day, representing an increase of 0.37% over the day, as presented in the below table. -
Today...Adding the Treasury Bills 11 May 2027 To EGX Trading System
Tuesday 12/05/202612:05:22 PMRead moreToday...Adding the Treasury Bills 11 May 2027 To EGX Trading System
According to the letter received from the CBE & ECSD on 11/05/2026, including their request to add this issue of Treasury Bills 11 May 2027 issued on 12/05/2026 amounted to EGP 6,457,100,000 distributed over 258,284 bills at a par value of 25,000 EGP To The EGX trading system with a discount rate of 23.817%
The above-mentioned issue will be added to EGX database & available for trading effective 12/05/2026 trading session.
ISIN Code:EGT9980B5R19
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Today...Increasing the Issue Size of Treasury Bills 10 November 2026
Tuesday 12/05/202612:04:55 PMRead moreToday...Increasing the Issue Size of Treasury Bills 10 November 2026
According to the letter received from the CBE & ECSD on 11/05/2026, including their request to increase the issue size of Treasury Bills 10 November 2026 issued on 11/11/2025 with an additional EGP 87,826,900,000 representing the increase of the issue size, to reach EGP 83,207,925,000(distributed over 7,328,317 bills at a par value of EGP 25,000).
The above-mentioned increase will be added to EGX database & available for trading effective 12/05/2026 trading session.
ISIN Code: EGT9980ABQ11. -
Today...Increasing the Issue Size of Treasury Bills 11 August 2026
Tuesday 12/05/202612:04:32 PMRead moreToday...Increasing the Issue Size of Treasury Bills 11 August 2026
According to the letter received from the CBE & ECSD on 11/05/2026, including their request to increase the issue size of Treasury Bills 11 August 2026 issued on 12/08/2025 with an additional EGP 56,367,475,000 representing the increase of the issue size, to reach EGP 201,621,500,000 (distributed over 8,064,860 bills at a par value of EGP 25,000).
The above-mentioned increase will be added to EGX database & available for trading effective 12/05/2026 trading session.
ISIN Code: EGT9980B8Q17
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Today...Increasing the Issue Size of Treasury Bills 09 February 2027
Tuesday 12/05/202612:04:14 PMRead moreToday...Increasing the Issue Size of Treasury Bills 09 February 2027
According to the letter received from the CBE & ECSD on 11/05/2026, including their request to increase the issue size of Treasury Bills 09 February 2027 issued on 10/02/2026 with an additional EGP 35,641,050,000 representing the increase of the issue size, to reach 126,353,025,000 EGP (distributed over 5,054,121 bills at a par value of 25,000 EGP).
The above-mentioned increase will be added to EGX database & available for trading effective 12/05/2026 trading session.
ISIN Code: EGT998092R14 -
Subscription Re-open Number (3) of Treasury Bonds 31 March 2029 Fixed Return
Tuesday 12/05/202612:02:12 PMRead moreSubscription Re-open Number (3) of Treasury Bonds 31 March 2029 Fixed Return
According to the letter received from the CBE & ECSD on 11/05/2026 , including their approval to list the increase of Treasury Bonds 31 March 2029 Fixed Return with an additional EGP 500,000,000 representing the subscription re-open no ( 3 ) of Treasury Bonds 31 March 2029 Fixed Return, to reach EGP19,969,513,000 (distributed over 19,969,513 bonds at a par value of EGP 1000) , with a fixed rate of 21.2% annually to be paid twice per year in 30 September & 31 March.
The above-mentioned increase will be added to EGX database & available for trading effective 12/05/2026 trading session.
ISIN Code:EGBGR06881F9 -
Canal Shipping Agencies (CSAG.CA) - AGM Minutes (before Certification)
Tuesday 12/05/202612:01:44 PMRead moreCanal Shipping Agencies (CSAG.CA) - AGM Minutes (before Certification)
Company Name : Canal Shipping Agencies
ISIN Code : EGS44031C010
Reuters Code : CSAG.CA
Content :
AGM minutes before certification
Assembly Date : 04/05/2026
AGM Minutes (before Certification) (25,583 KB) -
Subscription Re-open Number (1) of Treasury Bonds 21 April 2029 Variable Return
Tuesday 12/05/202612:01:39 PMRead moreSubscription Re-open Number (1) of Treasury Bonds 21 April 2029 Variable Return
According to the letter received from the CBE & ECSD on 11/05/2026 , including their approval to list the increase of Treasury Bonds 21 April 2029 Variable Return with an additional EGP 712,645,000 representing the subscription re-open no (1) of Treasury Bonds 21 April 2029 Variable Return, to reach EGP2,097,645,000 (distributed over 2,097,645 bonds at a par value of EGP 1000) , With a Variable Return Rate Currently 24.9458% annually to be paid Quarterly in 21 July & 21 October & 21 January & 21 April.
The above-mentioned increase will be added to EGX database & available for trading effective 12/05/2026 trading session.
ISIN Code:EGBGR06961V6
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De-Listing of Treasury Bills 12 May 2026
Tuesday 12/05/202612:01:18 PMRead moreDe-Listing of Treasury Bills 12 May 2026
According to the letter received from ECSD on 12/05/2026 concerning the De-Listing of Treasury Bills 12 May 2026 Issued on 13/05/2025 that amounted to EGP 116,774,575,000 distributed over 4,670,983 Bills at a par value of EGP 25,000 . This Bill issue has been removed from EGX database effective 12/05/2026.
ISIN Code: EGT9980C5Q18 -
Knowledge Net Co. Announces the Results of the Extra Ordinary General Assembly’s Meeting Approving Increase ( First Meeting )
Tuesday 12/05/202611:59:26 AMRead moreKnowledge Net Co. Announces the Results of the Extra Ordinary General Assembly’s Meeting Approving Increase ( First Meeting )
Tadawul-
Element List Explanation
Introduction KnowledgeNet Company (KnowledgeNet) is pleased to announce the results of the Extraordinary General Assembly Meeting, which included the approval of the increase in the Company’s capital (the first meeting). The meeting was held after the required legal quorum for the validity of the first meeting was achieved, at 7:30 PM on Monday, 24/11/1447 AH, corresponding to 11/05/2026 AD, via modern technology means.
City and Location of the Extraordinary General Assembly's Meeting The General Assembly Meeting was held from the Company’s headquarters in Riyadh (remotely) through modern technology means.
Date of the Extraordinary General Assembly's Meeting 2026-05-11 Corresponding to 1447-11-24
Time of the General Assembly’s Meeting 19:30
Percentage of Attending Shareholders 56.72%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The following members of the Board of Directors attended the General Assembly Meeting:
1. Mr. Mohammed Ibrahim Al-Mansour – Chairman of the Board
2. Mr. Khalid Abdulrahman Al-Mousa – Vice Chairman of the Board
3. Mr. Mohammed Ahmed Attia – Managing Board Member
4. Mr. Raad Abdulaziz Al-Abdulqader – Board Member
5. Mr. Abdulrahman Yahya Al-Yahya – Board Member
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Names of Those Attending on their Behalf 1. Mr. Ibrahim Mohammed Al-Saif – Chairman of the Audit Committee
2. Mr. Mohammed Zakaria Salim
3. Mr. Mohammed Omar Al-Kharashi
Voting Results on the Items of the General Assembly's Meeting Agenda's Attachment
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ASG Plastic Factory Co. announces the board of director’s decision to distribute cash dividends for The first quarter of 2026
Tuesday 12/05/202611:59:04 AMRead moreASG Plastic Factory Co. announces the board of director’s decision to distribute cash dividends for The first quarter of 2026
Tadawul-
Element List Explanation
Introduction ASG Plastic Factory Co. announces the board of director’s decision to distribute cash dividends for The first Quarter of 2026
Date of the board’s decision 2026-05-11 Corresponding to 1447-11-24
The Total amount distributed 2,115,000 Saudi riyals
Number of Shares Eligible for Dividends 7,050,000 shares
Dividend per share (0.30) Thirty halalas in Saudi riyals
Percentage of Dividend to the Share Par Value (%) 3
Eligibility date 2026-06-01 Corresponding to 1447-12-15
Distribution Date 2026-06-18 Corresponding to 1448-01-03
The name of other official authorities and the details of their non-refusal to the recommendation or decision Not applicable
Additional Information The entitlement to dividends is for shareholders who own the company's shares by the end of trading on Monday 15-12-1447 AH corresponding to 01-06-2026 AD, and who are registered with the Securities Depository Center Company (Edaa) at the end of the second trading day following the entitlement date.
The company would like to announce to its esteemed shareholders that the distribution of dividends will commence by transferring them to the accounts linked to the entitled shareholders' portfolios starting from Thursday 03-01-1448 AH corresponding to 18-06-2026 AD, through the payment agent - the Securities Depository Center Company (Edaa).
If the deposit to the shareholder's account encounters any issues, they can contact the payment agent - the Securities Depository Center Company (Edaa) or reach out to the company via email at investorrelations@asgplastic.sa or by calling +966559251726.
We also draw the attention of non-resident foreign investors that cash distributions transferred through the resident financial intermediary are subject to a withholding tax of 5% according to the provisions of Article 68 of the Income Tax Law and Article 63 of its implementing regulations.
The company urges its esteemed shareholders to update their information and ensure that their bank account numbers are linked to their investment portfolios to guarantee the timely deposit of their dividends.
If you have any inquiries, please contact Investor Relations via email at: investorrelations@asgplastic.sa. -
ASG Plastic Factory Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )
Tuesday 12/05/202611:58:37 AMRead moreASG Plastic Factory 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 56,036,271 48,015,059 16.705 46,020,901 21.762
Gross Profit (Loss) 22,629,316 20,031,904 12.966 16,488,989 37.238
Operational Profit (Loss) 11,493,142 9,701,718 18.465 6,322,563 81.779
Net Profit (Loss) Attributable to Shareholders of the Issuer 10,680,470 9,731,180 9.755 5,496,050 94.329
Total Comprehensive Income Attributable to Shareholders of the Issuer 10,680,470 9,731,180 9.755 5,338,141 100.078
All figures are in (Actual) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Total Shareholders Equity (after Deducting Minority Equity) 166,045,082 155,364,612 6.874
Profit (Loss) per Share 1.51 1.38
All figures are in (Actual) Saudi Arabia, Riyals
Element List Amount Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value - -
Accumulated Losses - -
All figures are in (Actual) 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 Group achieved a 17% increase in revenue during the first quarter of 2026, reaching SAR 56 million compared to SAR 48 million in the first quarter of 2025. This positive performance was driven by:
- Higher sales volumes and values as a result of growing demand and an expanding customer base, supported by increased production capacity following the launch of the second factory expansion project covering 61,350 square meters.
- Continued strong demand during the Ramadan season, which is considered one of the key seasons for the packaging industry.
- Growth in revenues from the pipes and fittings segment due to strengthened market presence and increased market share.
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 Group’s net profit increased by 10% to reach SAR 10.7 million in the first quarter of 2026, compared to SAR 9.7 million in the first quarter of 2025. This was mainly driven by:
- Higher contribution from the subsidiary to the Group’s results following an improvement in its financial performance.
- Improved operational performance and higher operating efficiency, which contributed to the growth in net profit compared to the corresponding period of the previous year.
On the other hand:
- General and administrative expenses increased due to non-recurring costs associated with the Company’s plan to transition to the Main Market.
- Financing costs increased as a result of the commencement of recognizing fees related to the financing provided by the Saudi Industrial Development Fund (SIDF).
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The Group achieved a 22% increase in revenue during the first quarter of 2026, reaching SAR 56 million compared to SAR 46 million in the fourth quarter of 2025. This positive performance was driven by:
- Higher revenues resulting from increased demand and sales volumes. It is worth noting that both periods coincided with key operating seasons for the Group, as the current quarter aligned with the Ramadan season, while the previous quarter coincided with the winter season, which typically sees higher demand for the pipes sector and certain packaging products.
- Increased order volumes and an expanded customer base compared to the previous quarter.
- Continued benefits from the expansion in production capacity, which contributed to meeting demand more efficiently.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The Group’s net profit increased by 94% to reach SAR 10.7 million in the first quarter of 2026, compared to SAR 5.5 million in the fourth quarter of 2025. This positive performance was driven by:
- Higher revenues, improved operational efficiency, and the Company’s continued efforts to control and optimize operating costs.
- Lower selling and marketing expenses compared to the previous quarter, as most marketing campaigns and activities were concentrated during the prior quarter.
On the other hand:
- General and administrative expenses increased due to non-recurring costs associated with the Company’s plan to transition to the Main Market, in addition to initiatives aimed at automating operational and administrative processes and increasing headcount in line with the Group’s expansion and growth plans.
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 -
Additional Information It should be noted that the comparative figures for the corresponding quarter of the previous year are based on internal financial statements prepared by the Company’s management and have not been reviewed or audited by the external auditor. -
Obeikan Glass Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )
Tuesday 12/05/202611:58:04 AMRead moreObeikan Glass 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 94.42 85.02 11.056 87.85 7.478
Gross Profit (Loss) 36.18 26.57 36.168 30.05 20.399
Operational Profit (Loss) 4.09 6.92 -40.895 35.02 -88.32
Net Profit (Loss) Attributable to Shareholders of the Issuer 2.29 6.13 -62.642 34.06 -93.276
Total Comprehensive Income Attributable to Shareholders of the Issuer 2.29 6.13 -62.642 37.85 -93.949
All figures are in (Millions) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Total Shareholders Equity (after Deducting Minority Equity) 572.85 541.76 5.738
Profit (Loss) per Share 0.07 0.19
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 the sales/ revenues during the current quarter compared to the same quarter of the last year is The increase in sales/revenues during the current quarter compared to the corresponding quarter of the previous year is mainly attributable to the inclusion of the results and sales of the subsidiary (Obeikan AGC) in the consolidated financial statements for the current quarter, whereas the corresponding quarter of the previous year did not include the subsidiary’s results.
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 decrease in net profit during the current quarter compared to the corresponding quarter of the previous year was mainly attributable to increased losses incurred by the subsidiary (Saudi Aluminum Casting Foundry), as it is a start-up company still in its operational and development stages, in addition to lower average selling prices of products during the current quarter compared to the corresponding quarter of the previous year, which impacted the Company’s results.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The increase in sales/revenues during the current quarter compared to the previous quarter is mainly attributable to the inclusion of the results and sales of the subsidiary (Obeikan AGC) in the consolidated financial statements for the current quarter, whereas the previous quarter did not include the subsidiary’s results.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The decrease in net profit during the first quarter of 2026 compared to the previous quarter (Q4 2025) was mainly due to the recognition of a non-recurring impact in the previous quarter represented by the reversal of allowance for doubtful debts amounting to SAR 29.5 million, following the acquisition of Obeikan AGC Glass Company during the fourth quarter of 2025.
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) The interim condensed consolidated financial statements of the Company for the three-month period ended 31 March 2025, were reviewed by another auditor, who expressed an unmodified conclusion on those interim condensed consolidated financial statements on 23 Dhul Qaedah 1446H corresponding to 21 May 2025.
Reclassification of Comparison Items 0
Additional Information - -
Supplementary announcement from Paper Home Company regarding the announcement of the results of the Extraordinary General Assembly
Tuesday 12/05/202611:57:37 AMRead moreSupplementary announcement from Paper Home Company regarding the announcement of the results of the Extraordinary General Assembly
Tadawul-
Element List Explanation
Introduction Further to the company’s announcement on the Tadawul website dated 11-5-2026 regarding the results of the Extraordinary General Assembly meeting (first meeting) which was held at (19:30) on Sunday, 23/11/1447 AH corresponding to 10/05/2026 AD at the company’s main headquarters located on Al-Kharj Road - Exit 7 - Al-Rafai’a Industrial Area, through modern technology means.
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website 2026-05-11 Corresponding to 1447-11-24
Hyperlink to the Previous Announcement Click Here
Change on the Development Clarification of the voting result on item eight within the results of the Extraordinary General Assembly meeting, with the item being approved by 100%.
Financial Impact on the change There is no financial impact from the change. -
Mohammed Hasan AlNaqool Sons Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )
Tuesday 12/05/202611:57:16 AMRead moreMohammed Hasan AlNaqool Sons 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 18,882 15,971 18.226 21,454 -11.988
Gross Profit (Loss) 3,193 2,491 28.181 6,592 -51.562
Operational Profit (Loss) 1,127 1,151 -2.085 3,546 -68.217
Net Profit (Loss) Attributable to Shareholders of the Issuer 811 735 10.34 2,712 -70.095
Total Comprehensive Income Attributable to Shareholders of the Issuer 822 961 -14.464 2,383 -65.505
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) 60,722 53,683 13.112
Profit (Loss) per Share 0.28 0.25
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 company's revenue increase during the first quarter of 2026, reaching SAR 18,882 million, an 18% increase compared to the same quarter of the previous year, is attributed to several key factors, most notably:
1. A 2% increase in core business revenue during the current quarter compared to the same quarter of the previous year, despite the inclusion of Ramadan and the Eid al-Fitr holiday, which typically impact revenue.
2. A significant 1224% increase in revenue for the subsidiary, Sadan Industrial Company, during the current quarter compared to the same quarter of the previous year, due to an increase in the size of its truck fleet.
3. Increased revenue resulting from an increase in asset size and, consequently, increased production capacity.
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 10% increase in net profit compared to the first quarter of 2025 is attributed to several key factors, most notably:
1. Increased company revenue.
2. Improved operational efficiency.
3. Stable supply and execution processes.
This occurred despite the company incurring a zakat payment of SAR 292,000 for the year 2024 during the first quarter of this year.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The 12% decrease in revenue in the first quarter of 2026 compared to the fourth quarter of 2025 is attributed to several seasonal factors, most notably:
1. The impact of Ramadan and the Eid al-Fitr holiday during the first quarter, resulting in a relative slowdown in project implementation and operational activities.
2. Rainfall during the first quarter of 2026, leading to a relative decrease in demand for ready-mix concrete and a slowdown in construction and pouring work on some projects.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason for the decrease in net profit by (70%) in the first quarter of 2026 compared to the fourth quarter of 2025 is due to the seasonal decrease in sales during the period, and the resulting decline in business volume and revenues, which affected net profit compared to the previous quarter.
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) nothing
Reclassification of Comparison Items Some of the comparative figures have been reclassified and re-tabulated to conform to the current year's presentation.
Additional Information The financial information for the fourth quarter of 2025 was calculated internally for comparability purposes and was not examined by an external auditor. -
Saleh Abdulaziz Al Rashed and Sons Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)
Tuesday 12/05/202611:56:56 AMRead moreSaleh Abdulaziz Al Rashed and Sons Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)
Tadawul-
Element List Explanation
Introduction Saleh Abdulaziz Al Rashed and Sons Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting), which was held at 7:00 PM on Monday, 24/11/1447H corresponding to 11/05/2026G, via modern technology means.
City and Location of the General Assembly's Meeting Riyadh — through modern technological means.
Date of the General Assembly's Meeting 2026-05-11 Corresponding to 1447-11-24
Time of the General Assembly’s Meeting 19:00
Percentage of Attending Shareholders 68.12%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The following members of the Board of Directors attended the meeting:
1. Mr. Abdulaziz Saleh Abdulaziz AlRashed (Chairman of the Board)
2. Mr. Salah Khaled Abdullah AlTuwaijri (Vice Chairman of the Board)
3. Mr. Abdulaziz Abdulrahman Abdulaziz AlRashed
4. Mr. Khalid Abdulrahman Mohammed AlMousa
5. Mr. Abdullah Mohammed Abdullah AlRashed
6. Mr. Saud Abdulaziz Saleh Abdulaziz AlRashed
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf The following committee chairpersons attended the meeting:
1. Mr. Abdullah Mohammed Abdullah Al Rashed – Chairman of the Audit Committee
2. Mr. Khalid Abdulrahman Mohammed Al Mousa – Chairman of the Remuneration and Nominations Committee
Voting Results on the Items of the General Assembly's Meeting Agenda's 1. Reviewed and discussed the Board of Directors' report for the financial year ended on 31/12/2025.
2. Reviewed and discussed the financial statements for the financial year ended on 31/12/2025.
3. Approved on the auditor's report on the company's accounts for the financial year ended on 31/12/2025 after discussing it.
4. Approved on the appointment of the company's auditor from among the candidates based on the Audit Committee's recommendation; (Maham Professional Consulting Company) to examine, review and audit the financial statements for the (first, second and third) quarters and the annual statements of the financial year 2026, and the first quarter of the financial year 2027, and determining their fees.
5. Approved on the discharge of the Board of Directors members from liability for their management during the financial year ended on 31/12/2025.
6. Approved on the disbursement of an amount of (337,500) Saudi Riyals (Three hundred and thirty-seven thousand and five hundred Saudi Riyals) as remuneration for the Board of Directors members for the fourth quarter of the financial year ended on December 31, 2025.
7. Approved on the Board of Directors' recommendation to distribute cash dividends to shareholders for the financial year ended on 31/12/2025 with an amount of (37.2) million Saudi Riyals, at (2) Riyals per share, which represents 20% of the nominal value per share, provided that the eligibility of dividends is for the shareholders owning the shares at the end of trading on the day of the General Assembly meeting and registered in the company's shareholders register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the assembly meeting, provided that the dividend distribution begins within (15) working days from the eligibility date.
8. Approved on the authorization of the Board of Directors to distribute interim dividends on a semi-annual/quarterly basis for the financial year ended on 31/12/2026.
9. Approved on the amendment of the articles of the company's bylaws related to its transformation into a public joint-stock company.
10. Approved on the amendment of the title of the company's electronic bylaws to a Listed Saudi Joint-Stock Company.
11. Approved on the amendment of Article (First) of the company's bylaws related to (Incorporation).
12. Approved on the amendment of Article (Second) of the company's bylaws related to (Company Name).
13. Approved on the amendment of Article (Third) of the company's bylaws related to (Company's Head Office).
14. Approved on the amendment of Article (Fourth) of the company's bylaws related to (Company's Objectives).
15. Approved on the amendment of Article (Eleventh) of the company's bylaws related to (Trading of Shares).
16. Approved on the amendment of Article (Fourteenth) of the company's bylaws related to (Preferred Shares).
17. Approved on the amendment of Article (Fifteenth) of the company's bylaws related to (Company Management).
18. Approved on the amendment of Article (Thirty-Fourth) of the company's bylaws related to (Preparation of Assemblies' Minutes).
19. Approved on the addition of an article to the company's bylaws related to (Participation and Ownership in Companies).
20. Approved on the addition of an article to the company's bylaws related to (Issuance of Shares).
21. Approved on the addition of an article to the company's bylaws related to (Shares Allocated to Employees).
22. Approved on the addition of an article to the company's bylaws related to (Attendance of Assemblies).
23. Approved on the addition of an article to the company's bylaws related to (Publication).
24. Approved on the addition of an article to the company's bylaws related to (Duties of Board of Directors Members).
25. Approved on the addition of an article to the company's bylaws related to (Conflict of Interests, Competition, and Exploitation of Assets).
26. Approved on the addition of an article to the company's bylaws related to (Mechanism of Delegation of Members).
27. Approved on the addition of an article to the company's bylaws related to (Language).
28. Approved on the deletion of Article (Thirty-Eighth) of the company's bylaws related to (Issuance of General Assemblies' Resolutions by Circulation).
29. Approved on the business and contracts concluded during the financial year ended on 31/12/2025 between the company and Najd Roads Contracting Company, in which the Chairman of the Board of Directors, Mr. Abdulaziz Saleh Abdulaziz Al-Rashed (Non-Executive Member), has an indirect interest, which is a customer of the company for purchasing building materials, and there are no preferential terms in these businesses and contracts, with an amount of 120,943,930 Saudi Riyals.
30. Approved on the business and contracts concluded during the financial year ended on 31/12/2025 between the company and Najd Roads Contracting Company, in which the Chairman of the Board of Directors, Mr. Abdulaziz Saleh Abdulaziz Al-Rashed (Non-Executive Member), has an indirect interest, which is a payment agreement on behalf of supplying petroleum derivatives, and there is no benefit to Najd Roads Company or a profit margin for it in return for this agreement, and the payment process is made directly from Al-Rashed Company to the main supplier (Aramco Company), and there are no preferential terms, with an amount of 35,537,794 Saudi Riyals.
31. Approved on the business and contracts concluded during the financial year ended on 31/12/2025 between the company and Najd Roads Contracting Company, in which the Chairman of the Board of Directors, Mr. Abdulaziz Saleh Abdulaziz Al-Rashed (Non-Executive Member), has an indirect interest, which is an agreement to supply (purchases) petroleum derivatives, and there is no benefit to Najd Roads Company or a profit margin for it in return for this agreement, and the payment process is made directly from Al-Rashed Company to the main supplier (Aramco Company), and there are no preferential terms, with an amount of 35,006,067 Saudi Riyals.
32. Approved on the authorization of the Board of Directors with the authority of the Ordinary General Assembly regarding the license mentioned in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of the General Assembly's approval or until the end of the authorized Board of Directors' term, whichever is earlier, in accordance with the conditions stipulated in the Executive Regulations of the Companies Law for Listed Joint-Stock Companies.
Additional Information For any inquiries, please contact the Investor Relations Department during official working hours: from 08:00 AM to 05:00 PM.
Email: IR@Salrashed.com.sa
Contact numbers: 0114952423 / 0114951539, extension 180 -
Almoosa Health Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )
Tuesday 12/05/202611:56:28 AMRead moreAlmoosa Health 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 348.3 323 7.832 388 -10.231
Gross Profit (Loss) 97 98.8 -1.821 120.3 -19.368
Operational Profit (Loss) 40.1 51.6 -22.286 62.3 -35.634
Net Profit (Loss) Attributable to Shareholders of the Issuer 23.5 67.2 -65.029 52.2 -54.98
Total Comprehensive Income Attributable to Shareholders of the Issuer 25.1 67.3 -62.704 56.3 -55.417
All figures are in (Millions) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Total Shareholders Equity (after Deducting Minority Equity) 1,933.8 1,835 5.384
Profit (Loss) per Share 0.53 1.54
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 the sales/ revenues during the current quarter compared to the same quarter of the last year is The Company achieved revenue growth of 7.8% during the current quarter compared to the corresponding quarter of the previous year, driven by the continued expansion of its healthcare services and enhanced operational capacity across its facilities. Notably, the Rehabilitation Hospital delivered strong performance, recording a year-on-year growth of 48.3%, contributing positively to overall revenues.
The Company expects this growth momentum to continue in the coming quarters, supported by ongoing expansions of existing hospitals and medical centres, as well as the opening of new medical centres.
It is worth noting that the first quarter of 2026 was a softer period, as it included the holy month of Ramadan and the Eid Al-Fitr holiday, which generally result in lower patient volumes and reduced elective procedures, as inpatient patients tend to defer elective surgeries to the post-holiday period.
In addition, the quarter was impacted by regional geopolitical developments, which contributed to a softer operating environment
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 Company’s net profit for Q1-26 amounted to SAR 23.5 million compared to SAR 67.2 million in Q1-25, a decrease of 65.0%. One of the key reasons driven by a swing in derivative financial instruments, which moved from a gain of SAR 16.1 million in Q1-25 to a loss of SAR 13.3 million in Q1-26.
This was further impacted by the normalization of finance income following the deployment of IPO proceeds, as well as an increase in general and administrative expenses, reflecting continued investment in the Company’s operational infrastructure and the ramp-up of recently opened medical centres.
Despite revenue growth of 7.8%, reaching SAR 348.3 million, gross and operating margins came under pressure during the quarter, resulting in a decline in net profit. This was primarily attributable to the initial ramp-up phase and associated operating costs of two newly opened large medical centres, while the quarter also remained seasonally softer in nature.
Additionally, the prior period included a zakat credit that did not recur in the current period.
Excluding the impact of derivative financial instruments, the Company’s core business fundamentals remain strong, and management remains focused on sustaining its growth trajectory and enhancing operational efficiencies in the coming quarters.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The decrease in net Sales during Q1-26 compared to Q4-25 is primarily attributable to lower revenues, which declined by 10.2% to SAR 348.3 million from SAR 388.0 million in the preceding quarter. This reduction is largely cyclical in nature, as Q1-26 encompassed the holy month of Ramadan and the Eid Al-Fitr holiday, periods which typically witness lower patient volumes and reduced elective procedure activity across the healthcare sector.
This seasonal pattern is consistent with prior years and does not reflect any underlying change in the Company’s operational performance or business strategy
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 for Q1-26 amounted to SAR 23.5 million compared to SAR 52.2 million in Q4-25, a decrease of 55%. The decline was primarily seasonal in nature, as Q1-26 included the holy month of Ramadan and the Eid Al-Fitr holiday, which typically result in lower patient volumes and reduced elective procedure activity, leading to a 10.2% decline in revenues to SAR 348.3 million.
The decrease in revenues, combined with a relatively higher cost base, resulted in a compression in gross margin from 31.0% in Q4-25 to 27.9% in Q1-26.
Further contributing to the decline was a reduction in Gain / (loss) on investments, which normalized from an elevated level, alongside an improvement in investment-related results, with a gain of SAR 0.8 million recorded in Q1-26 compared to a loss of SAR 4.6 million in Q4-25, partially offsetting the overall decline.
In Q1 2026, finance costs also decreased by 51.3%, providing further support to the bottom line.
In addition, the quarter was modestly impacted by regional geopolitical developments, which had a limited effect on overall activity levels.
The Company’s underlying business fundamentals remain intact, with management focused on planned growth through the expansion of existing projects, enhancing operational efficiencies, strengthening synergies across services, and rationalizing costs.
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 It should be noted that statutory net income was impacted by a non-cash Mark-to-Market loss on derivative financial instruments. The derivative financial instruments recorded a loss of SAR 13.3 million in Q1-26 compared to a gain of SAR 16.1 million in Q1-25, resulting in a combined swing of SAR 29.4 million, which materially impacted the year-on-year comparison of reported net profit.
To provide a clearer view of the Company’s underlying operational performance, the adjusted net profit, excluding the impact of gain/(loss) on derivative financial instruments, amounted to SAR 36.8 million in Q1-26 compared to SAR 51.1 million in Q1-25, a decline of 28.0%, which is significantly moderate than the reported decline of 65.0%.
Excluding this non-cash item, the adjusted net profit margin stood at 10.6% in Q1-26 versus 15.8% in Q1-25, reflecting the Company’s continued stable operational performance, supported by revenue growth of 7.8%, despite the impact of overhead costs associated with the ramp-up phase of two newly opened large medical centres
The Board of Directors approved a cash dividend of SAR 0.25 per share, amounting to SAR 11.1 million, for the First quarter of 2026.
Almoosa Health intends to hold an Earnings Call, Thursday, 14 May 2026, at 3:00 PM (Saudi Time) to address questions from investors and analysts regarding the financial results for Q1 2026. Investors can register via the attached invitation. -
United Electronics Company (eXtra) Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Tuesday 12/05/202611:56:00 AMRead moreUnited Electronics Company (eXtra) Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Tadawul-
Element List Explanation
Introduction United Electronics Company (eXtra) is pleased to announce the results of the ordinary General Assembly Meeting – First meeting, which was held on Monday, 11 May 2026 (24 Thul-Qi ‘dah 1447H), at 06:30 PM after reaching the quorum of 34.86 %
City and Location of the General Assembly's Meeting By Means of Modern Technology - Khobar - United Electronics Company (eXtra) Head Office
Date of the General Assembly's Meeting 2026-05-11 Corresponding to 1447-11-24
Time of the General Assembly’s Meeting 18:30
Percentage of Attending Shareholders 34.86 %
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The meeting was attended by each of the following board members By Means of Modern Technology:
1. Yousef Ali Zaid AL Quraishi (Chairman)
2. Fozan Mohammed Ahmed AlFozan (Deputy Chairman)
3. Mohamed Galal Ali Fahmy
4. Ali Mohamed Ali Faramawy
5. Hazem Abdullah Abdulaziz Al Shaikh Mubarak
6. Adel Omar Al Farouq Merheb
7. Fahad Adnan Abdulrahman Almansour
8. Abdullatif Ali Abdullatif Al Fozan
The following board members were unable to attend:
Jaser Abdullah Saleh Al Jaser
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf 1. Fahad Adnan Abdulrahman Almansour (Chairman of the Audit Committee)
2. Hazem Abdullah Abdulaziz Al Shaikh Mubarak (Chairman of the Nomination and Remuneration Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's Attached -
Almoosa Health Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Tuesday 12/05/202611:55:38 AMRead moreAlmoosa Health Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Tadawul-
Element List Explanation
Introduction Almoosa Health Company is pleased to announce to its valued shareholders the results of the Ordinary General Assembly Meeting (first meeting).
City and Location of the General Assembly's Meeting Alahsa – Almubarraz - Head Office - The meeting was held via modern technology means as earlier announced.
Date of the General Assembly's Meeting 2026-05-11 Corresponding to 1447-11-24
Time of the General Assembly’s Meeting 19:30
Percentage of Attending Shareholders 81.30%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The following Board Members attended the meeting:
1 H.E. Abdullatif Ahmed AlOthman (Chairman)
2 Dr. Malek Abdulaziz Almoosa (Managing Director)
3 Dr. Zainab Abdulaziz Almoosa (Vice Chairman)
4 Mr. Mosaed Abdulrahman Almoosa (Board Member)
5 Mr. Patrick Anthony Charmel (Board Member)
6 Mr. Abdullatif Ali Alfozan (Board Member)
7 Ms. Sarah Abdulaziz Almoosa (Board Member)
8 Mr. Bashar Abdulaziz Abalkhail (Board Member)
9 Mr. Hassan Abdulrahman Alafaliq (Board Member)
The following Board Members were unable to attend:
1 Mr. Moath Naeen Alnaeem (Board Member)
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf Mr. Patrick Anthony Charmel (Chairman of the Audit Committee) attended to represent the Audit Committee.
Also in attendance to represent the Nomination and Remuneration Committee were:
Mr. Bashar Abdulaziz Abalkhail (Member of the Nomination and Remuneration Committee)
Mr. Mosaed Abdulrahman Almoosa (Member of the Nomination and Remuneration Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's Attached -
Rasan Information Technology Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Tuesday 12/05/202611:54:28 AMRead moreRasan Information Technology Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Tadawul-
Element List Explanation
Introduction Rasan Information Technology Co. announces the Ordinary General Assembly Meeting’s results (First Meeting), which was held at 19:15 PM on Monday 24 Dhu Qi’dah 1447H corresponding to 11 May 2026 through modern technology means.
City and Location of the General Assembly's Meeting The Company’s Ordinary General Assembly Meeting was held through modern technology means from the Company’s Head Office in Riyadh- Qurtuba District, Al-Thumama Road.
Date of the General Assembly's Meeting 2026-05-11 Corresponding to 1447-11-24
Time of the General Assembly’s Meeting 19:15
Percentage of Attending Shareholders 40%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The following Board members have attended the meeting:
1. H.E. Majed Bin Abdullah Al Bawardi (The Chairman of the Board of Directors)
2. Mr. Abdulrahman Bin Abdullah Bin Ayban (Board Member)
3. Mr. Moayad Bin Abdullah Al Fallaj (The Managing Director and CEO)
4. Mr. Turki Bin Salman Al Sudairy (Board Member)
5. Mrs. Basmah Bint Abdulrahman Al Sunaidi (Board Member)
Apologized for not attending the meeting:
1. Mr. Abdulaziz Bin Abdulrahman Al Omran (The Vice Chairman of the Board of Directors)
2. Dr. Fahad Bin Ahmed Abuhaimed (Board Member)
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf 1. H.E. Majed Bin Abdullah Al Bawardi (Chairman of the Executive Committee)
2. Mr. Abdulrahman Bin Abdullah Bin Ayban (Chairman of the Audit Committee and the Nomination & Remuneration Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's Attached -
Almoosa Health Co. announces the board of director’s decision to distribute cash dividends for First quarter of the financial year 2026
Tuesday 12/05/202611:53:53 AMRead moreAlmoosa Health Co. announces the board of director’s decision to distribute cash dividends for First quarter of the financial year 2026
Tadawul-
Element List Explanation
Introduction Almoosa Health company announces the decision of the board of directors on May 11, 2026 to distribute cash dividends to shareholders for the First quarter of the financial year 2026.
Date of the board’s decision 2026-05-11 Corresponding to 1447-11-24
The Total amount distributed SAR 11,075,895
Number of Shares Eligible for Dividends 44,303,580 Shares
Dividend per share SAR 0.25
Percentage of Dividend to the Share Par Value (%) 2.5
Eligibility date 2026-05-17 Corresponding to 1447-11-30
Distribution Date 2026-06-07 Corresponding to 1447-12-21
The name of other official authorities and the details of their non-refusal to the recommendation or decision N/A
Additional Information The Company would like to inform non-resident investors that distribution of cash dividends is subject to a 5% withholding tax, as per the provisions of Article (68) of the Income Tax Law and Article (63) of its Executive Regulations.
Additionally, the Company urges all shareholders to ensure that their personal and banking information is up to date and that their bank account numbers are linked to their investment portfolios. This will help facilitate the timely deposit of future dividend payments.
For any inquiries or further assistance, please contact the Investor Relations Department using the following contact Details:
Phone: 013 5369666 Ext: 1115
Email:
investor.relations@almoosahealth.com.sa -
Saudi Advanced Industries Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )
Tuesday 12/05/202611:53:31 AMRead moreSaudi Advanced Industries 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 15.21 15.2 0.065 -42.09 -
Gross Profit (Loss) 15.21 15.2 0.065 -42.09 -
Operational Profit (Loss) 10.92 8.43 29.537 -46.74 -
Net Profit (Loss) Attributable to Shareholders of the Issuer 7.43 5.25 41.523 -53.26 -
Total Comprehensive Income Attributable to Shareholders of the Issuer 7.43 4.65 59.784 -48.46 -
All figures are in (Millions) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Total Shareholders Equity (after Deducting Minority Equity) 1,018.42 1,235.35 -17.56
Profit (Loss) per Share 0.13 0.09
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 the sales/ revenues during the current quarter compared to the same quarter of the last year is The reason for the Increase in revenue during the current quarter compared to the same quarter of the previous year is due to:
• Increase in unrealized gain from financial assets at fair value through profit or loss
• Increase in dividends earned.
in spite of:
• Decrease in profits from selling shares in associated companies.
• Decrease in the company share of associate companies' profits
• Decrease in realized gain from selling financial assets at fair value through profit or loss.
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 for the increase in net profit during the current quarter compared to the same quarter of the previous year is due to:
• Increase in revenue.
• Decrease in general and administrative expenses.
• Decrease in the Zakat expenses.
in spite of:
• Increase in financing costs.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason for the increase in revenue during the current quarter compared to the previous quarter is due to:
• Increase in unrealized gain from financial assets at fair value through profit or loss
in spite of:
• Decrease in dividends earned.
• Decrease in the company share of associate companies' profits.
• Decrease in profits from selling shares in associated companies.
• Increase in realized losses from selling financial assets at fair value through profit or loss.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason for the increase in net profit during the current quarter compared to the previous quarter is due to:
• Increase in revenue
• Decrease in general and administrative expenses.
• Decrease in the zakat expenses.
in spite of:
• Increase in financing costs.
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 None
Additional Information None
-
Kingdom Holding Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Tuesday 12/05/202611:53:08 AMRead moreKingdom Holding Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
Tadawul-
Element List Explanation
Introduction Kingdom Holding Company is pleased to announce to the shareholders of Kingdom Holding Company the result of the Ordinary General Assembly Meeting (the first meeting), which was held on Monday 24-11-1447 AH corresponding to 11-05-2026 AD at 7:00 pm, through modern technology using Tadawulaty.
City and Location of the General Assembly's Meeting Riyadh- via modern technology.
Date of the General Assembly's Meeting 2026-05-11 Corresponding to 1447-11-24
Time of the General Assembly’s Meeting 19:00
Percentage of Attending Shareholders 96.21%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The following board members attended the Ordinary General Assembly Meeting:
1. HRH Prince AlWaleed Bin Talal Bin Abdulaziz AlSaud (Chairman of the Board)
2. Dr. Lama Abdulaziz AlSuliman (Vice Chairwoman)
3. Eng. Talal Ibrahaim AlMaiman
4. Abdulmajid Ahmed Al-Haqbani
5. Sarmad Zok
6. Adel Abdulaziz AlAbdulsalam
7. Hisham Sulaiman Alhabib
8. Reem Mohammed Assad
9- Tamim Bassam Jabr
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf The meeting was attended by the chairmen of the following committees:
- HRH Prince AlWaleed Bin Talal Bin Abdulaziz AlSaud (Chairman of the Investment Committee)
- Dr. Khalid AlSouhaim (Chairman of the Audit Committee)
- Hisham Sulaiman Alhabib (Chairman of the Nomination and Remuneration Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's 1- the Board of Directors Report for the fiscal year ending on 31/12/2025 was reviewed and discussed.
2- The Company’s financial statements for the fiscal year ending on 31/12/2025 were reviewed and discussed.
3- Approval of the external auditor report for the fiscal year ending on 31/12/2025, after discussion.
4- Approved to absolve the members of the Board of Directors from liability for the fiscal year ending on 31/12/2025.
5- Approved to authorize the Board of Directors with the General Assembly authority with the rights mentioned in paragraph (1) of Article (27) of the Companies Law for one year from the date of approval of the General Assembly or until the end of the session of the authorized Board of Directors, whichever is earlier, in accordance with the conditions mentioned in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies.
6- Approved to authorize the Board of Directors with the General Assembly authority with the rights mentioned in paragraph (2) of Article (27) of the Companies Law for one year from the date of approval of the General Assembly or until the end of the session of the authorized Board of Directors, whichever is earlier, in accordance with the provisions of the Companies Law and its Implementing Regulation for Listed Joint Stock Companies and according to the competing activities and business in the Standards for Competing Business.
7- Approved the appointment of Deloitt & Touche & Co. from among the candidates based on the recommendation of the Audit Committee, to examine, review and audit the financial statements for the second, third quarters and the annual financial statements for the fiscal year of 2026 and the first quarter of the fiscal year 2027 and the total fees 4,785,000 SAR excluding VAT.
8- Approved on the disbursement of an amount of six hundred thousand Saudi Riyal (SAR 600,000) being the remuneration of the Independent Board of Directors with an amount of two hundred thousand Saudi Riyal (SAR200,000) for each member. for the fiscal year ending on December 31, 2025, AD.
9- Approved on the Board of Directors’ recommendation dated on 06/10/1447 A.H corresponding to 25/03/2026 to distribute cash dividends from the retained earning amounting to (1,037.6) million riyals to shareholders during the year of 2026, amounting to SAR 0.28 per issued share for the whole year, representing 2.8% of the nominal value of the share, and the distribution will be made on a quarterly basis at the rate of 0.7% of the nominal value of the share, at the rate of 7 halalas per quarter for each issued share, for a total of SAR259.4 million per quarter. Eligibility and payments dates are as follows:
- First payment: eligibility will be based on the records of registered shareholders according to company records at the end of trading on the day of 25/11/1447 A.H corresponding to 12/05/2026 and will be paid within ten working days after the second trading day following the eligibility date.
- Second payment: eligibility will be based on the records of registered shareholders according to company records at the end of trading on the day of 16/02/1448 A.H corresponding to 30/07/2026 and will be paid within ten working days after the second trading day following the eligibility date.
- Third Payment: eligibility will be based on the records of registered shareholders according to company records at the end of trading on the day of 20/04/1448 A.H corresponding to 01/10/2026 and will be paid within ten working days after the second trading day following the eligibility date.
- Fourth Payment: eligibility will be based on the records of registered shareholders according to company records at the end of trading on the day of 22/07/1448 A.H corresponding to 31/12/2026 and will be paid within ten working days after the second trading day following the eligibility date.
10- Approved to authorize the Board of Directors to distribute interim cash dividends on a semi-annual or quarterly basis for the fiscal year 2026.
11- Approved on the transaction of the acquisition of a stake in Breakthrough Energy Ventures, LLC (“BEV”) between Kingdom Holding Company and the company’s chairman, HRH Prince Alwaleed bin Talal bin Abdulaziz al Saud, at the value of SAR 255,000,000 (USD 68,000,000) without preferential terms.
12- Approved on the businesses and contracts related to the share sale and purchase agreement entered into between the Company and the Public Investment Fund, pursuant to which the Company will acquire 70% of the shares in Al Hilal Club Company, in which Mr. Abdulmajeed Alhagbani (a non-executive board member of the Company) has an indirect interest by virtue of his holding an executive position at the Public Investment Fund.
Additional Information For any inquiries, please contact the Investor Relations Department, 011 2111111,
Email: investor.relations@kingdom.com.sa -
AlMajed Oud Company Announcement on the Board of Directors Resolution to Set the Date for Cash Dividend Distribution to Shareholders for the Fiscal Year Ended December 31, 2025
Tuesday 12/05/202611:52:44 AMRead moreAlMajed Oud Company Announcement on the Board of Directors Resolution to Set the Date for Cash Dividend Distribution to Shareholders for the Fiscal Year Ended December 31, 2025
Tadawul-
Element List Explanation
Announcement Detail With reference to the AL-Majed For Oud Company announcement published on the Saudi Exchange (Tadawul) website on March 24, 2026, regarding the Board of Directors' recommendation to the General Assembly to distribute cash dividends to shareholders for the fiscal year ended December 31, 2025, and following the approval of this item by the Ordinary General Assembly held on May 11, 2026,
The Board of Directors has resolved to set Thursday, May 21, 2026, as the date on which the distribution of cash dividends to eligible shareholders will commence.
The dividends will be deposited directly into the bank accounts linked to the shareholders’ investment portfolios.
The company urges all shareholders to ensure that their accounts are fully updated with their banks to avoid any delays in receiving the dividends.
For inquiries, please contact the investor relations department:
Phone: 920000480 Ext. 340
Mobile: +966550167152
Email: IR@almajed4oud.com
