Market News
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Listing the Shares of O G Capital For Investments (SPAC) (Temporary Listing) (OCAP.CA) Main Market
Tuesday 19/05/202613:44:37 PMRead moreListing the Shares of O G Capital For Investments (SPAC) (Temporary Listing) (OCAP.CA) Main Market
The listing committee held on 19/05/2026 has approved the following:
' Listing the shares of O G Capital For Investments (temporary listing), as a Special Purpose acquisition Company (SPAC) with an issued capital of EGP 10 million distributed over 10 million shares with a nominal value of EGP 1.00 per share represented in one issuance in the Egyptian Securities Listing Board (Shares) ' 'Main Market', in accordance with Articles (1 bis) (6), (7 bis), and (18) of the rules for listing and delisting securities on the Egyptian Exchange.
' Trading in the shares of a special purpose acquisition company (SPAC) that has been temporarily listed shall not be permitted during the three-month period from the date of its listing, and until the remaining conditions are fulfilled following the listing of the capital increase shares, except with the approval of the Authority.
' The temporary Listing shall be considered as if it did not exists if the company fails to satisfy the conditions set out in items (1, 2, 3, and 4) of Article (7 bis) of the Listing Rules within three months from the date of listing. Such period may be extended upon the approval of the Authority in cases it deems appropriate, based on the justifications and timetable submitted by the company.'
' In all cases, the company's shares shall be traded at the nominal value during the period from the date of listing until the publication of the disclosure report in accordance with Article (138) of the executive regulation of Law No. 159 of 1981 or until the company issues financial statements for a period of not less than (12) months.
' After publishing the aforementioned disclosure report, the company's shares may be traded at the subscription price if the company increases its capital through a cash increase at a fair value determined by an independent financial advisor registered with the Authority, taking into account setting aside the issuance premium in a special reserve account following the completion of the acquisition and the increase in its capital as a result.
' The company must adhere, throughout the temporary Listing period to the obligations stipulated in clauses (1 to 4) of Article (48) of these rules.
' The company's shares shall be added on the EGX's database under the sector of "Non-Banking Financial Services' as of Wednesday 20/05/2026 trading session.
Furthermore that the company is committed to the following: -
' Increasing its issued capital in cash to one hundred million pounds (at least) or its equivalent in foreign currencies within three months from the date of listing its shares on the stock exchange,
' Provided that the shares of such capital increase are offered in a private subscription to qualified investors or financial institutions according to the definition stated in the Authority's Board of Directors Resolution No. 177 of 2024, and in accordance with Clauses (1, 4, 3, 2) of Article 7 bis of the Listing Rules, and present the draft acquisition decision including all details related to the activity of the company or companies targeted for acquisition to the company's extraordinary general assembly within six months from the date of listing the company's shares on the stock exchange, in implementation of the provisions of Clauses Nos. (6, 7, 8) of Article No. (7 bis) of the Securities Listing and Delisting Rules.
' &n -
Subscription Re-open Number (4) of Treasury Bonds 31 March 2029 Fixed Return
Tuesday 19/05/202613:37:21 PMRead moreSubscription Re-open Number (4) of Treasury Bonds 31 March 2029 Fixed Return
According to the letter received from the CBE & ECSD on 18/05/2026 , including their approval to list the increase of Treasury Bonds 31 March 2029 Fixed Return with an additional EGP 1,250,000,000 representing the subscription re-open no ( 4 ) of Treasury Bonds 31 March 2029 Fixed Return, to reach EGP21,219,513,000 (distributed over 21,219,513 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 19/05/2026 trading session.
ISIN Code:EGBGR06881F9 -
De-Listing of Treasury Bills 19 May 2026
Tuesday 19/05/202613:35:18 PMRead moreDe-Listing of Treasury Bills 19 May 2026
According to the letter received from ECSD on 19/05/2026 concerning the De-Listing of Treasury Bills 19 May 2026 Issued on 20/05/2025 that amounted to EGP 138,321,025,000 distributed over 5,532,841 Bills at a par value of 25,000 EGP. This Bill issue has been removed from EGX database effective 19/05/2026.
ISIN Code: EGT9980J5Q13 -
Bahrain stock market indices close higher
Tuesday 19/05/202613:33:32 PMRead moreBahrain stock market indices close higher
SPA-
The Bahrain All Share Index closed today at 1,925.66, up 5.84 points from the previous close, while the Bahrain Islamic Index closed at 916.06, up 3.13 points from its previous close.
A total of 4,865,662 shares were traded today, with a total value of 2,014,595 Bahraini dinars, executed through 210 transactions. -
QNB Egypt Leads EGP 11.98 billion Syndicated Financing for Strategic East Port Said Port Development by Kased Khair
Tuesday 19/05/202613:32:27 PMRead moreQNB Egypt Leads EGP 11.98 billion Syndicated Financing for Strategic East Port Said Port Development by Kased Khair
QNB Egypt, a subsidiary of QNB Group, a leading financial institution in the Middle East and Africa, announced the successful arrangement of a medium-term syndicated loan worth EGP 11.98 billion for Kased Khair for General Supplies and Contracting. Acting as the Initial Mandated Lead Arranger, Facility Agent, and Bookrunner, QNB Egypt led a banking consortium comprising 12 banks to finance a strategic infrastructure development project at East Port Said Port, one of Egypt’s key logistics and maritime gateways.
The financing reflects QNB Egypt’s ongoing commitment to supporting large-scale strategic projects that contribute to strengthening national infrastructure and advancing sustainable economic growth, in line with QNB Group’s long-term strategic vision.
The consortium includes Banque Misr, National Bank of Egypt, Banque du Caire, Arab African International Bank, ALEXBANK, National Bank of Kuwait – Egypt, acting as initial mandated lead arrangers, Kuwait Finance House - Egypt, Al Baraka Bank Egypt, MIDBANK, acting as lead arrangers NXT Bank, and Industrial Development Bank, acting as arrangers.
Under the project, Kased Khair will undertake the construction and development of new marine berths at East Port Said Port, spanning a total length of 6,050 meters and featuring a draft depth of 22 meters. The project is expected to significantly enhance the port’s operational capacity and strengthen its competitiveness at both the regional and international levels.
This initiative supports the development of the maritime transport and infrastructure sectors, reinforcing Egypt’s position as a regional hub for trade and logistics, while supporting investment attraction and sustainable economic growth. It also reflects the strength of collaboration among banking institutions, alongside QNB Egypt’s expertise in structuring and managing syndicated facilities to support major strategic projects.
The project represents a significant addition to Egypt’s port infrastructure by supporting international trade flows and enhancing connectivity between regional and global markets, in line with QNB Egypt’s commitment to providing integrated financing solutions that support national development plans.
Commenting on this achievement, Mr. Mohamed Bedeir, CEO of QNB Egypt, said: “This financing reflects QNB Egypt’s role in structuring and executing strategic financing transactions that support priority sectors, particularly transport and infrastructure, contributing to enhancing the competitiveness of the Egyptian economy and supporting sustainable growth.” -
CBE reveals the reasons for the decline in the inflation rate during April
Tuesday 19/05/202613:30:43 PMRead moreCBE reveals the reasons for the decline in the inflation rate during April
The annual headline inflation rate in urban areas slowed to 14.9% in April 2026, compared to 15.2% in March 2026. This slowdown was mainly driven by a decline in non-food inflation, which recorded 20.1% in April 2026 versus 21.5% in March 2026.
On the other hand, annual food inflation accelerated to 6.7% in April 2026, compared to 5.8% in March 2026, driven by an unfavorable base effect. This reflected a rise in fresh vegetable and fruit prices to 26.2% in April, up from 15.9% in March, despite the slowdown in core food inflation.
The Central Bank’s report also revealed that monthly headline inflation in urban areas declined to 1.1% in April 2026, compared to 1.3% in April 2025 and 3.2% in March 2026. This was mainly due to easing monthly food inflation, which recorded negative 0.7%, driven by lower core food inflation along with slower inflation in fresh vegetables and fruits.
Meanwhile, non-food inflation remained stable, as increases in services and consumer goods prices offset the moderation in administered-price goods and services inflation. This reflected the absence of new price adjustments in April following the fuel price hikes in March.
Annual core inflation declined to 13.8% in April 2026, compared to 14.0% in March 2026, driven by lower inflation in core food items and consumer goods despite a slight increase in service prices. On a monthly basis, core inflation fell to 1.1% in April 2026, compared to 1.2% in April 2025 and 2.0% in March 2026.
Annual headline inflation in rural areas remained stable at 12.0% in April 2026, compared to 11.9% in March 2026. The same applied to nationwide headline inflation, which represents the average inflation in urban and rural areas combined, recording 13.4% in April 2026 versus 13.5% in March 2026.
Monthly food inflation recorded negative 0.7% in April 2026, contributing around negative 0.25 percentage points to monthly headline inflation.
Fresh vegetable and fruit prices rose by 2.9% in April, jointly contributing around 0.19 percentage points to monthly headline inflation. This was attributed to increases in fresh fruit and vegetable prices by 4.0% and 2.3%, respectively, following their decline in March.
Poultry and egg prices declined significantly in April, recording negative 14.7% and negative 2.9%, respectively, marking their first decline since December 2025. This reflected the easing of seasonal pressures related to Ramadan and Eid al-Fitr, contributing around negative 0.86 percentage points to monthly headline inflation.
Monthly non-food inflation recorded 2.1% in April 2026, contributing around 1.3 percentage points to monthly headline inflation.
Service prices increased by 3.3% in April 2026, mainly driven by higher rents, Hajj and Umrah trips, and increased spending in restaurants and cafés. This reflected the indirect impact of fuel price adjustments in addition to higher tobacco and alcoholic beverage prices. Overall, services contributed 0.95 percentage points to monthly headline inflation.
Consumer goods prices rose by 1.8% in April, contributing 0.25 percentage points to monthly headline inflation, driven by increases in clothing, footwear, and personal care products.
Inflation in administered-price goods and services recorded 0.6% in April, contributing 0.14 percentage points to monthly headline inflation. This was mainly attributed to increases in railway and metro ticket prices, which rose by an average of 23.8%.
Monthly core inflation recorded 1.1% in April 2026, reflecting the previously mentioned developments. Specifically, core food items contributed around 0.61 percentage points to monthly core inflation, while services and consumer goods contributed around 1.32 and 0.36 percentage points, respectively.
Despite the decline in monthly food inflation, annual food inflation rose to 6.7% in April, mainly due to the unfavorable base effect. Food inflation contributed around 2.64 percentage points to annual headline inflation.
Fresh vegetable and fruit prices rose by 26.2%, contributing 1.60 percentage points to annual headline inflation. This increase was mainly driven by higher fresh vegetable prices, partially offset by lower fresh fruit prices.
Core food inflation rose by 3.4%, contributing around 1.04 percentage points to annual headline inflation, driven by higher prices of red meat, seafood, and dairy products, despite declines in poultry and egg prices.
Annual non-food inflation recorded 20.1% in April 2026, contributing around 12.23 percentage points to annual headline inflation.
Services inflation accelerated to 25.6%, contributing 6.95 percentage points to annual headline inflation, following increases in rents, public transportation fares, restaurant and café spending, Hajj and Umrah trips, medical services, personal care services, and other services.
Inflation in administered-price goods and services recorded 15.1% in April 2026, contributing 3.26 percentage points to annual headline inflation. This was attributed to annual increases in prices of tobacco products, butane gas cylinders, natural gas, petroleum products, public transportation fares, and medical services.
Consumer goods inflation recorded 14.1% in April 2026, contributing 2.02 percentage points to annual headline inflation. This reflected annual increases in prices of clothing, cleaning products, automobiles, private transportation, motor oils, and personal care products.
Annual core inflation declined slightly to 13.8% in April 2026, compared to 14.0% in March 2026, due to the easing of repeated increases in train and metro ticket prices. In detail, services and consumer goods contributed around 7.99 and 2.79 percentage points, respectively, to annual core inflation, while core food items contributed 1.44 percentage points. -
The assets of the Housing and Development Bank rise to EGP 245.321 billion by the end of March 2026
Tuesday 19/05/202613:27:00 PMRead moreThe assets of the Housing and Development Bank rise to EGP 245.321 billion by the end of March 2026
The Housing and Development Bank's total assets rose to EGP 245.321 billion by the end of the first quarter of 2026, compared to EGP 229.804 billion at the end of December 2025, an increase of EGP 15.517 billion, representing a growth rate of 6.8%.
Regarding asset quality, the non-performing loan ratio reached 5.06% by the end of March 2026, compared to 4.99% at the end of 2025, while the coverage ratio increased to 164.3%, reflecting the bank's efficient risk management and its commitment to maintaining the quality of its loan portfolio.
Hassan Ghanem, CEO and Managing Director, expressed his pride in the bank's strong financial and operational performance during the first quarter of 2026. He emphasized that these results reflect the accelerated progress in implementing the bank's 2025-2030 strategy, which focuses on sustainable growth, enhanced operational efficiency, and innovation. This strategy reinforces the bank's position as one of the leading banking institutions in the Egyptian market. He noted that the bank's strong financial position, efficient resource management, and optimal utilization of operational capabilities contributed to balanced and sustainable growth, reflected across various performance indicators. This growth was supported by strong profitability rates and asset quality, while maintaining low risk levels.
Ghanem affirmed the bank's commitment to strengthening its customer base and expanding its market share by developing banking solutions and products and enhancing the customer experience. This aligns with the bank's vision to become a leading banking choice in the Egyptian market. He also highlighted the bank's continued investment in developing its digital infrastructure and enhancing the efficiency of its banking channels. This investment supports a more convenient and flexible banking experience and contributes to building long-term customer relationships based on quality, innovation, and sustained trust. -
The Egyptian Export Development Bank achieves a net profit exceeding EGP 2 billion during the first quarter of 2026
Tuesday 19/05/202613:26:28 PMRead moreThe Egyptian Export Development Bank achieves a net profit exceeding EGP 2 billion during the first quarter of 2026
The Export Development Bank of Egypt (EBE) achieved net profits of EGP 2.023 billion by the end of the first quarter of 2026, compared to EGP 1.319 billion by the end of the same period of the previous year.
The bank's standalone financial statements revealed an increase in profits before taxes to EGP 2.747 billion by the end of March 2026, compared to EGP 1.958 billion by the end of March 2025. Net interest income reached EGP 2.575 billion by the end of March 2026, compared to EGP 2.277 billion by the end of March 2025, while net fee and commission income amounted to EGP 353.8 million, compared to EGP 368.162 million. -
The sustainable financing portfolio of the Housing and Development Bank rises to EGP 6.347 billion during the first quarter of 2026
Tuesday 19/05/202613:26:02 PMRead moreThe sustainable financing portfolio of the Housing and Development Bank rises to EGP 6.347 billion during the first quarter of 2026
The Housing and Development Bank continued its efforts to promote sustainable financing and sustainability as a key pillar of its 2025–2030 strategy. Total sustainable financing reached EGP 11.14 billion during the first quarter of 2026, representing a 46% increase compared to the same period of the previous year. The value of the sustainable financing portfolio reached EGP 6.347 billion during the first quarter of 2026, a 31% increase compared to the same period in 2025.
Hassan Ghanem, CEO and Managing Director of the bank, affirmed the bank's commitment to integrating sustainability principles into its various financing and operational processes, considering it a fundamental pillar of the bank's 2025–2030 strategy. Ghanem emphasized the bank's dedication to strengthening its role as a responsible financial institution through corporate social responsibility and sustainable development initiatives, supporting health, education, women's empowerment, youth, and people with disabilities, thus contributing to achieving comprehensive and sustainable development. -
The House of Representatives approves increasing the capital of the Arab Fund and Egypt's contribution of $498 million
Tuesday 19/05/202613:25:32 PMRead moreThe House of Representatives approves increasing the capital of the Arab Fund and Egypt's contribution of $498 million
Al MAl-
The House of Representatives approved the President's decree regarding the increase in the capital of the Arab Fund, as well as the amendment of Articles 11, 12, 15, 18, 21, 22, and 23 of the Fund's founding agreement.
The agreement stipulates an increase in the Fund's subscribed capital by 1.25 billion Arab Accounting Dinars (equivalent to approximately US$5.1 billion), to be paid over ten years, commencing in 2026 and ending in 2035. The increase will be made in accordance with the current contribution shares of member states, thus preserving their proportional share of the capital. This raises the Fund's subscribed capital to 2.15 billion Arab Accounting Dinars, equivalent to approximately US$8.7 billion.
The subscription to the capital shares will be paid by cash transfer from member states to the Fund in twenty semi-annual installments, starting in 2026 and concluding by 2035.
Under the agreement, Egypt will be able to expand its access to the Fund's resources as needed, in a manner that supports efforts to maintain economic stability and promote development. This will have both direct and indirect positive returns, and will be consistent with the state's strategic directions in supporting joint Arab action and maximizing the benefits derived from its institutions. The increase in the Arab Republic of Egypt's contribution stems from its historical role in supporting various institutions of joint Arab action, most notably the Arab Monetary Fund, which, since its establishment in the 1970s, has worked to provide various forms of financial and technical support to member states in the face of successive economic challenges. Furthermore, the proposed capital increase will allow Egypt to double its access to the Fund's resources should the need arise, especially given the unique facilities offered by the Fund compared to other regional and international financing institutions.
According to the Joint Committee's report, this agreement comes within the framework of the pivotal and leading role played by the Arab Republic of Egypt in supporting and strengthening the institutions of joint Arab action, foremost among them the Arab Monetary Fund. This reflects its firm commitment to bolstering mechanisms for Arab economic cooperation in the face of successive regional and international challenges. Furthermore, the approval of the capital increase to the Fund represents a highly significant strategic step that will enhance its financial and technical capacity, enabling it to provide greater support to member states on favorable terms and with facilities characterized by efficiency and flexibility compared to other regional and international financing institutions. This undoubtedly serves Egypt's interests, as it is the largest Arab beneficiary of the Fund.
Under the proposed increase, Egypt will be able to double its utilization of the Fund's resources should the need arise, especially since the facilities it offers are superior to those offered by other regional and international financing institutions in terms of interest rates, procedures, grace periods, favorable terms, and unconditional programs. The value of the increase that Egypt will bear is set to be equal to the value of the same percentage to the total size of the increase. Thus, Egypt will bear the amount of 122.5 million Arab Accounting Dinars, which is equivalent to about 498 million US dollars, to be paid in 20 installments over ten years, with the value of each installment being equivalent to 24.9 dollars. Thus, Egypt’s share in the capital of the fund will increase to 210.7 million Arab Accounting Dinars, which is equivalent to about 856.5 million dollars. -
EGX indices rise at the close of midweek trading session
Tuesday 19/05/202613:24:33 PMRead moreEGX indices rise at the close of midweek trading session
Youm7-
The Egyptian Exchange (EGX) closed Tuesday's trading session, the middle session of the week, with a general rise in its indices, driven by buying activity from Egyptian and foreign investors, while Arab investors were net sellers. Trading volume reached EGP 9.5 billion, and market capitalization gained EGP 42 billion, closing at EGP 3.772 trillion.
The EGX 30 index rose by 1.48% to close at 52,774 points, the EGX 30 Equal Weight index climbed by 1.47% to close at 65,035 points, the EGX 30 Total Return index jumped by 1.51% to close at 24,540 points, and the EGX 35-LV index, which tracks low-volatility stocks, increased by 0.76% to close at 5,904 points.
The EGX 70 Equal Weight Index for small and medium-sized companies rose by 0.71% to close at 14,771 points, the EGX 100 Equal Weight Index rose by 0.72% to close at 20,579 points, and the Islamic Sharia Index jumped by 1.88% to close at 5,827 points. -
Alkan Finance Sukkuk 1st Iss Feb 2030 VR (EGKALSK01CV) Declares Bond Dividends for Coupon No. (14)
Tuesday 19/05/202613:23:52 PMRead moreAlkan Finance Sukkuk 1st Iss Feb 2030 VR (EGKALSK01CV) Declares Bond Dividends for Coupon No. (14)
Issuer Name : Alkan Finance Sukkuk 1st Iss Feb 2030 VR
ISIN Code : EGB67AQ1L013
Reuters Code : EGKALSK01CV
Interest Type : Floating
Coupon Interest : 22.5621378169692%
Coupon Amount : EGP 1.85442
Coupon Number : 14
Coupon Date : 25/05/2026
Coupon Payment Date : 31/05/2026
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Kuwait Bourse Closes Lower
Tuesday 19/05/202613:23:22 PMRead moreKuwait Bourse Closes Lower
(QNA)-
Kuwait Bourse closed trading on Tuesday as the All Share Index lost 21.82 points to reach 8,659.27 points, a decrease of 0.25 percent.
As many as 403.1 million shares valued at KWD 100.6 million (roughly USD 328.4 million) were traded via 23,307 transactions.
The Main Market Index went down by 8.91 points to reach 8,532.56 points, down by 0.10 percent, through 244 million shares done via 11,655 transactions valued at KWD 39.1 million (roughly USD 127.6 million).
The Premier Market Index lost 25.71 points to reach 9,135.59 points, down by 0.28 percent, through 159 million shares done via 11,652 transactions valued at KWD 61.4 million (roughly USD 200.4 million).
Meanwhile, the Bourse Main 50 Index lost 40.01 points to reach 9,486.03 points, down by 0.42 percent, through stock volume of 201.4 million shares done in 8,996 deals at a value of KWD 33.1 million (roughly USD 108 million). -
Qatar Stock Exchange Index Closes Higher
Tuesday 19/05/202613:23:01 PMRead moreQatar Stock Exchange Index Closes Higher
(QNA)-
The Qatar Stock Exchange (QSE) index closed Tuesday's trading session higher by 46.18 points, or 0.45%, to settle at 10,418.28 points.
A total of 155,498,685 shares were traded during the session, with turnover reaching QR 396,982,271.767 through 23,349 transactions across all sectors.
Shares of 42 companies advanced during the session, while shares of 6 companies declined and 6 others closed unchanged.
Market capitalization at the end of the session increased to QR 622,803,213,207.874, compared to QR 619,536,567,726.968 in the previous trading session. -
Japanese Stocks Close Mixed
Tuesday 19/05/202613:22:41 PMRead moreJapanese Stocks Close Mixed
(QNA)-
Japanese stock indexes closed mixed at the end of trading on Tuesday.
The Nikkei index fell 0.44 percent to close at 60,550.59 points, after having risen by more than 1 percent earlier in the session, thereby extending its losing streak to a fourth consecutive session.
By contrast, the broader Topix index rose 0.63 percent to end trading at 3,850.67 points.
Shares of chip-making equipment manufacturer Tokyo Electron fell 4.26 percent, weighing most heavily on the Nikkei.
Shares of chip-testing equipment maker Advantest also declined 3.29 percent, while technology investor SoftBank Group fell 4.15 percent, and memory-chip maker Kioxia dropped 3.27 percent.
Shares of fiber-optic cable manufacturers also retreated, with Fujikura plunging 16.95 percent and Furukawa Electric falling 8.37 percent.
Meanwhile, the banking sector advanced, with Mitsubishi UFJ Financial Group rising 3.77 percent and Mizuho Financial Group gaining 5.53 percent.
Among the more than 1,600 shares listed on the Tokyo Stock Exchange’s Prime Market, 71 percent rose, 27 percent declined, while 1 percent remained unchanged. -
Beltone Securitization 2nd Iss Tranche A Jun 2027 VR (EGBSDSC2ACV) Declares Bond Dividends for Coupon No. (12)
Tuesday 19/05/202613:22:15 PMRead moreBeltone Securitization 2nd Iss Tranche A Jun 2027 VR (EGBSDSC2ACV) Declares Bond Dividends for Coupon No. (12)
Issuer Name : Beltone Securitization 2nd Iss Tranche A Jun 2027 VR
ISIN Code : EGB694Z1S060
Reuters Code : EGBSDSC2ACV
Interest Type : Floating
Coupon Interest : 20.5%
Coupon Amount : EGP 0.9601584118
Coupon Number : 12
Coupon Date : 06/06/2026
Coupon Payment Date : 07/06/2026
Notes :
Bond Redemption: EGP 3.2886456908
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OQ Launches 2025 Sustainability Report, Highlights 24% Growth in Local Value Added
Tuesday 19/05/202613:22:05 PMRead moreOQ Launches 2025 Sustainability Report, Highlights 24% Growth in Local Value Added
(ONA)-
OQ Group launched its annual sustainability report today during Oman Sustainability Week 2026, showcasing its systematic approach to embedding sustainability practices into operations and governance frameworks in line with Oman Vision 2040 and the Sultanate of Oman’s carbon neutrality target by 2050.
The report launch was held under the patronage of Abdulsalam bin Mohammed Al Murshidi, Chairman of Oman Investment Authority (OIA).
This year’s report, titled “Responsible Impact – Sustainable Value,” outlines an integrated strategy balancing operational efficiency with environmental and social commitment across four strategic pillars: climate action, nature protection, human capital development and sustainable growth leadership.
On sustainability achievements, OQ expanded its renewable energy portfolio to over 2,000 megawatts and secured power purchase agreements for more than 740 megawatts from wind and solar projects. The group also automated greenhouse gas emissions inventory across all its subsidiaries, improving data accuracy, transparency and disclosure. OQ successfully achieved 100 percent of its corporate greenhouse gas reduction targets for 2025.
Local value added retained in Oman rose 24 percent compared to 2024, with SME spending reaching approximately RO 117.7 million, reflecting the group’s role in enhancing local content. OQ also continued to invest in innovation and digital transformation to boost operational efficiency and ensure sustainable financial and environmental performance.
The Omanisation rate reached 88 percent, with over 2,300 specialised training hours delivered in health, safety and environment. On the environmental front, the group maintained zero freshwater consumption in its operations, alongside advancing biodiversity protection and circular economy initiatives. -
Investment Agreement Signed to Establish Sustainable Cement Products Factory
Tuesday 19/05/202613:21:37 PMRead moreInvestment Agreement Signed to Establish Sustainable Cement Products Factory
(ONA)-
Khazaen Economic City signed an investment agreement today with Bait Al Yaqout Investment Company to establish a factory specialized in producing cement products used for outdoor paving. The project will be built over an area of 20,000 square meters, with an investment value reaching RO 5 million, in South Al Batinah Governorate.
Eng. Salim Sulaiman Al Duhli, CEO of Khazaen Economic City, stated that this project aims to produce eco-friendly, gravel-resistant bricks for outdoor paving. He noted that this innovative product combines the aesthetic appearance of natural stone with high durability, while relying on environment-friendly manufacturing processes that help reduce environmental impact and promote sustainable construction practices.
He emphasized that this project represents a qualitative addition to the industrial investment ecosystem in Khazaen Economic City, as it links modern industry with sustainability and provides advanced solutions for the urban and construction sectors. This aligns with the directives of the Sultanate of Oman toward developing more efficient and sustainable cities and projects, while enhancing the quality of infrastructure and urban facilities. -
Oman Oil Price Declines by 92 Cents
Tuesday 19/05/202613:20:52 PMRead moreOman Oil Price Declines by 92 Cents
(ONA)-
The official price of Oman crude oil for July delivery today recorded USD 106.45 per barrel.
Today’s price reflects a decrease of USD 0.92 compared to yesterday’s (Monday) closing price of USD 107.37.
It is worth noting that the monthly average price of Oman crude oil for May delivery stood at USD 124.05 per barrel, marking an increase of USD 55.90 compared to the April delivery price. -
Speed Medical (SPMD.CA) Reports Its Financial Results (Standalone) for The Period ending 31/12/2025
Tuesday 19/05/202613:20:33 PMRead moreSpeed Medical (SPMD.CA) Reports Its Financial Results (Standalone) for The Period ending 31/12/2025
Company Name: Speed Medical
ISIN Code: EGS73BR1C013
Currency: Egyptian Pound
F/S (Standalone) Period: From 01/01/2025 to 31/12/2025
Net loss: 118,091,423
F/S (Standalone) Period: From 01/01/2024 to 31/12/2024
Net Comparative loss: 80,282,894
Audit Status: Audited
Source: Speed Medical -
Finance Ministry Organizes Gathering on Drafting State Budget for Fiscal Year 2027
Tuesday 19/05/202613:20:27 PMRead moreFinance Ministry Organizes Gathering on Drafting State Budget for Fiscal Year 2027
(ONA)-
The Ministry of Finance is organizing a two-day gathering in preparation for the state’s general budget of fiscal year 2027.
The meeting is held with the participation of directors general of administrative and financial affairs and specialists from government units concerned.
The meeting aims to clarify items in Financial Publication No. (1/2026) on rules for drafting estimates of the 2027 State Budget. It elaborates on general approaches on managing cash flow for development projects in the 11th Five-Year Development Plan (2026-2030).
The meeting will review the mechanism set for government departments to align their current financial allocations with their annual plans.
The meeting also seeks to outline indicators for monitoring and controlling financial performance, the initiative to raise the efficiency of public spending and the progress made in implementing projects and schemes aimed to improve financial performance in government departments—including the Unified Government Financial System codenamed "Maliya", the Unified Treasury Account and the National Register of Government Assets, and other projects and systems.
Speaking on this context, Abdullah bin Salim Al Harthy, Undersecretary of the Ministry of Finance, said, “This meeting stems from a vision to upgrade joint action for enhancing the efficiency of public financial management and developing mechanisms for preparing estimates of the state’s general budget in line with national priorities and the objectives of Oman Vision 2040.”
Al Harthy laid emphasis on the central role of government units in drafting accurate and realistic budget estimates based on actual needs and national priorities. This role, he observed, includes proposals on channelling resources towards projects that have feasibility and direct impact on improving services and boosting the efficiency of government performance.
For his part, Mohammed bin Ahmed Al Barashdi, Director General of Budget at the Ministry of Finance, said that the meeting is an initial step in a series of measures undertaken by the Ministry of Finance and the Ministry of Economy (along with other government departments) within the process of planning and preparation of the state's general budget.
Al Barashdi added that this meeting would be followed by a series of bilateral meetings between the Ministry of Finance and other government departments. During the bilateral meetings, the Ministry would discuss with the other government departments their estimates in view of public revenues and expenditures. -
Beltone Securitization 2nd Iss Tranche B Jun 2028 VR (EGBSDSC2BCV) Declares Bond Dividends for Coupon No. (12)
Tuesday 19/05/202613:20:12 PMRead moreBeltone Securitization 2nd Iss Tranche B Jun 2028 VR (EGBSDSC2BCV) Declares Bond Dividends for Coupon No. (12)
Issuer Name : Beltone Securitization 2nd Iss Tranche B Jun 2028 VR
ISIN Code : EGB694Z1S078
Reuters Code : EGBSDSC2BCV
Interest Type : Floating
Coupon Interest : 20.6%
Coupon Amount : EGP 1.3763876619
Coupon Number : 12
Coupon Date : 06/06/2026
Coupon Payment Date : 07/06/2026
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Speed Medical (SPMD.CA) Reports Its Financial Results (Consolidated) for The Period ending 31/12/2025
Tuesday 19/05/202613:19:50 PMRead moreSpeed Medical (SPMD.CA) Reports Its Financial Results (Consolidated) for The Period ending 31/12/2025
Company Name: Speed Medical
ISIN Code: EGS73BR1C013
Currency: Egyptian Pound
F/S (Consolidated) Period: From 01/01/2025 to 31/12/2025
Net loss: 98,456,344
F/S (Consolidated) Period: From 01/01/2024 to 31/12/2024
Net Comparative loss: 79,999,474
Audit Status: Audited
Source: Speed Medical
Taking minority rights into consideration -
GCC, UK to Sign Joint Statement on Free Trade Agreement Tomorrow
Tuesday 19/05/202613:19:48 PMRead moreGCC, UK to Sign Joint Statement on Free Trade Agreement Tomorrow
(ONA)-
The GCC states will sign tomorrow “Wednesday” the joint statement marking the conclusion of negotiations on the Free Trade Agreement between the GCC and the United Kingdom. The signing will take place in London.
Jasem Mohamed Al Budaiwi, Secretary General of the GCC, stated in a press release that this signing follows a series of intensive negotiation rounds and meetings between the two parties. These discussions, he noted, reflect their shared commitment to strengthening the Gulf-British strategic partnership and elevating economic, trade, and investment relations to broader horizons, thereby serving the mutual interests of both sides.
He added that this agreement embodies the advanced economic standing of the GCC states and underscores the Council's dedication to building effective international partnerships based on mutual interests and sustainable development. He further noted that the agreement aligns with ongoing efforts by GCC states to open global markets to their diverse range of products and to diversify their sources of income.
He expressed his hope that the agreement will mark a new beginning toward greater economic cooperation and integration between the GCC states and the United Kingdom.
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MoUs Inked on Knowledge Exchange, Data Integration
Tuesday 19/05/202613:19:18 PMRead moreMoUs Inked on Knowledge Exchange, Data Integration
(ONA)-
The Foundation for Social Responsibility (Rikan) today signed three memoranda of understanding (MoUs) with Jusoor Foundation, the Development Foundation of Oman LNG, and Oman Society for Petroleum Services (OPAL). The agreements pertain to collaboration in the areas of knowledge and expertise exchange, data and initiative integration, as well as enhancing the efficiency of social investment and the implementation of community projects, with the aim of maximizing the social impact of community initiatives within the energy sector.
Eng. Ismail Sulaiman Al Sawafi, General Manager of Social Responsibility at the Development Foundation of Oman LNG, affirmed that the signing of this memorandum represents a significant step forward and a qualitative leap toward institutionalizing community work and unifying visions within Oman's energy sector. He noted that the Foundation believes that the integration of joint efforts and the smart exchange of data with partners constitute the primary driver for maximizing sustainable developmental impact.
In a similar vein, Eng. Jaber Sulaiman Al Busaidi, Executive Director of Jusoor Foundation, explained that the signing of the memorandum of cooperation between Jusoor Foundation and Rikan Foundation for Social Responsibility in the Energy Sector marks an important step toward enhancing integration among institutions active in the field of social responsibility and transforming partnerships into more organized and sustainable developmental impact.
He added that the agreement opens broader horizons for collaboration in the joint planning, financing, and implementation of social responsibility projects and programs, in addition to supporting small and medium-sized enterprises (SMEs), developing impact measurement frameworks, and facilitating data and expertise exchange—all of which enhance the efficiency of community initiative implementation and the sustainability of their outcomes. -
MSX Drops 261 Points
Tuesday 19/05/202613:18:50 PMRead moreMSX Drops 261 Points
(ONA)-
Muscat Stock Exchange (MSX) "30" index closed today at 7,487.52 points, marking a decrease of 261.5 points, or 3.374%, compared to the last trading session, which closed at 7,748.98 points.
The total trading value reached RO 78,291,432, representing a rise of 39.7% from the previous trading session, which recorded RO 56,047,715.
According to the report issued by Muscat Stock Exchange, market capitalization went down by 1.501% from the last trading day, reaching approximately RO 36.35 billion.
Non-Omani investors recorded purchases valued at RO 38,838,000, accounting for 49.61% of total trading activity, while non-Omani sales amounted to RO 49,746,000, or 63.54%. Net non-Omani investment decreased by RO 10,908,000, representing a 13.93% decline. -
Beltone Securitization 2nd Iss Tranche C Nov 2029 VR (EGBSDSC2CCV) Declares Bond Dividends for Coupon No. (12)
Tuesday 19/05/202613:18:31 PMRead moreBeltone Securitization 2nd Iss Tranche C Nov 2029 VR (EGBSDSC2CCV) Declares Bond Dividends for Coupon No. (12)
Issuer Name : Beltone Securitization 2nd Iss Tranche C Nov 2029 VR
ISIN Code : EGB694Z1S086
Reuters Code : EGBSDSC2CCV
Interest Type : Floating
Coupon Interest : 20.9%
Coupon Amount : EGP 1.1653660241
Coupon Number : 12
Coupon Date : 06/06/2026
Coupon Payment Date : 07/06/2026
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Agreement Signed to Promote Innovation, Research and Development
Tuesday 19/05/202613:18:29 PMRead moreAgreement Signed to Promote Innovation, Research and Development
(ONA)-
Al Baraka Oil Services Company signed today a strategic agreement with Intilft concerning investment in innovation, research and development on the sidelines of Oman Sustainability Week.
The collaboration with Intilft represents an integrative step that combines the practical experience of Al Baraka Oil Services Company with the technical and research capabilities of Intilft—a company specialized in manufacturing equipped with an advanced research and development division. This synergy is expected to contribute to the development of innovative solutions and technologies serving various sectors. -
Abraj Energy Services Signs Agreements, Partnerships Supporting Operational Sustainability
Tuesday 19/05/202613:18:04 PMRead moreAbraj Energy Services Signs Agreements, Partnerships Supporting Operational Sustainability
(ONA)-
Abraj Energy Services signed new strategic agreements and partnerships today that support operational sustainability, the development of In-Country Value (ICV), and the enhancement of energy sector development goals in the Sultanate of Oman. This took place during its participation in Oman Petroleum & Energy Show 2026, currently being held at Oman Convention and Exhibition Center.
The company signed a five-year cementing services contract with OQ Exploration and Production. The implementation of the contract is expected to commence during the first half of 2026, utilizing the company's cementing services units operating in Fields 60 and 48. This enhances the capabilities of Abraj Energy Services in providing integrated and reliable well services to the energy sector in the Sultanate of Oman.
The company also signed a strategic services agreement with Petrogas Rima to support operations within the concession areas of Petroleum Development Oman (PDO) in the south of the Sultanate of Oman, contributing to enhancing operational efficiency and supporting performance continuity in one of the vital regions for the energy sector in the Sultanate of Oman.
Furthermore, the company signed two strategic partnership agreements with national companies aiming to support the use of clean energy solutions, support local content in supply chains, and enhance national industries associated with the energy sector in the Sultanate of Oman. The company entered into a strategic partnership agreement with the National Gas Company to explore liquefied natural gas (LNG) infrastructure solutions, supporting the use of more sustainable energy sources and enhancing operational sustainability and energy transition initiatives within drilling operations and industrial applications.
It also signed a strategic partnership agreement with Imdad Energy to support the development of manufacturing materials used in well stimulation operations in the Sultanate of Oman. This initiative is expected to contribute to strengthening local supply chains, supporting small and medium enterprises (SMEs), and enhancing In-Country Value (ICV) through the development of national industries linked to a vital sector concerned with well stimulation services and unconventional resource development.
Eng. Saif Said Al Hamhami, CEO of Abraj Energy Services, explained that these agreements confirm the company's continuous commitment to operational excellence, sustainability, and the development of In-Country Value (ICV). He added that they reinforce sustainable value and maintain the company's focus on providing safe, efficient, and sustainable energy solutions and services that support the objectives of Oman Vision 2040 and contribute to developing the future of the energy sector in the Sultanate of Oman. -
Ministry of Energy, Minerals Signs Several Agreements
Tuesday 19/05/202613:17:38 PMRead moreMinistry of Energy, Minerals Signs Several Agreements
(ONA)-
The Ministry of Energy and Minerals, represented by Oman Net-Zero Center, signed two agreements today within the first package of the Energy Efficiency Program in Government Buildings.
This took place as part of the activities of Oman Sustainability Week, currently being held at Oman Convention and Exhibition Center, in a step that reflects the accelerating national direction toward enhancing energy consumption efficiency and reducing carbon emissions in government facilities, in line with the Sultanate of Oman’s targets to achieve net-zero emissions by 2050.
The first agreement included signing an energy performance contract with Enova Facilities and Energy Management Company, while the second agreement involved implementing energy efficiency measures with Sultan Qaboos University in its capacity as the owner of the targeted facilities.
The Ministry of Energy and Minerals, represented by Oman Net-Zero Center, also signed subscription agreements for the "Meezan" platform with several national companies and institutions representing multiple sectors. The platform serves as the central national digital infrastructure for greenhouse gas data management.
These agreements reflect the commitment of the Ministry of Energy and Minerals and Oman Net-Zero Center to providing an advanced national digital infrastructure to support emissions inventory and management, as well as the registration of carbon credits. This enhances the competitiveness of the private sector and enables it to transition from the stage of disclosure and monitoring to the stage of active emissions management, capitalizing on the economic opportunities associated with the low-carbon transition.
Furthermore, the Ministry of Energy and Minerals launched the updated version of the "Kwader" platform, formerly known as "Petrojobs," within the framework of national directions toward digital transformation and enhancing the efficiency of government services, in line with the objectives of Oman Vision 2040.
The platform serves as a unified electronic recruitment platform for the oil and gas sector in the Sultanate of Oman, aiming to organize and raise the efficiency of recruitment processes within operating companies in the sector through a centralized interface that connects job seekers with employing entities according to clear and transparent criteria.
The Ministry of Energy and Minerals also launched the "Makmn" platform, a strategic open data platform aimed at developing mechanisms for accessing data from the oil and gas exploration and production sector in the Sultanate of Oman. The platform targets operating companies, oil services companies, academic institutions, and researchers in the oil and gas field.
The "Makmn" platform features an integrated database that includes oil and gas well data, seismic survey data, alongside the associated supporting technical documents, providing an advanced digital environment that contributes to supporting studies, research, and decision-making. -
Release from Heliopolis Housing (HELI.CA)
Tuesday 19/05/202613:17:26 PMRead moreRelease from Heliopolis Housing (HELI.CA)
Company Name : Heliopolis Housing
ISIN Code : EGS65591C017
Reuters Code : HELI.CA
Content :
Release from the company stating that Misr El Gdida Company has signed a credit facility agreement with Banque du Caire amounting to EGP 1.5 billion
Release from the Company in Arabic & English (321 KB) -
Release from Housing & Development Bank (HDBK.CA) Concerning Bank's Standalone Financial Results
Tuesday 19/05/202613:17:06 PMRead moreRelease from Housing & Development Bank (HDBK.CA) Concerning Bank's Standalone Financial Results
Company: Housing & Development Bank
Symbols: EGS60301C016
Reuters: HDBK.CA
Content :
release from the bank regarding the bank's standalone financial results for the period ending 31/03/2026
The Press Release (2,907 KB)
Release from the Bank (1,123 KB) -
Oman, Kazakhstan Explore Means of Enhancing Economic and Investment Cooperation
Tuesday 19/05/202613:17:04 PMRead moreOman, Kazakhstan Explore Means of Enhancing Economic and Investment Cooperation
(ONA)-
Abdulsalam Mohammed Al Murshidi, Chairman of Oman Investment Authority (OIA), held a meeting today with Nurlan Zhakupov, CEO of the Kazakh sovereign wealth fund “Samruk-Kazyna,”, who is currently visiting the Sultanate of Oman.
During the meeting, the two sides discussed opportunities for economic and investment cooperation. They reviewed available capabilities and investment prospects and affirmed their mutual commitment to co-investing in promising projects and existing enterprises, in alignment with the strategic priorities of both the Sultanate of Oman and the Republic of Kazakhstan. They also explored ways to strengthen the partnership and expand areas of collaboration to serve the mutual interests of the two countries.
Both parties emphasized the importance of continued dialogue, which is expected to open new horizons for economic cooperation between Oman and Kazakhstan and enhance investment flows between the two nations. This, in turn, will support sustainable development efforts and increase local value addition within both economies. -
Tasaheel For Financing 1st Iss 1st Pro Tranche B May 2028 (EGBTSSL1P1BC) Declares Bond Dividends for Coupon No. (4)
Tuesday 19/05/202613:16:49 PMRead moreTasaheel For Financing 1st Iss 1st Pro Tranche B May 2028 (EGBTSSL1P1BC) Declares Bond Dividends for Coupon No. (4)
Issuer Name : Tasaheel For Financing 1st Iss 1st Pro Tranche B May 2028
ISIN Code : EGB610M1L020
Reuters Code : EGBTSSL1P1BC
Interest Type : Fixed
Coupon Interest : 23.5%
Coupon Amount : EGP 4.822445482
Coupon Number : 4
Coupon Date : 25/05/2026
Coupon Payment Date : 31/05/2026
Notes :
Bond Redemption: EGP 7.2135906000
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Oman Investment Authority Posts Record RO 2.9 Billion Profit in 2025, Ranks Third Globally
Tuesday 19/05/202613:16:35 PMRead moreOman Investment Authority Posts Record RO 2.9 Billion Profit in 2025, Ranks Third Globally
(ONA)-
Oman Investment Authority (OIA) reported exceptional 2025 financial results, posting historic profits of RO 2.9 billion and an investment return of 14.6 percent for the year, reflecting the strength of its investment strategies and asset management.
The five‑year average return stood at 10.4 percent, earning the OIA third place globally among sovereign wealth funds, according to an SWF Global report — an achievement underscoring sustained growth and market confidence in its performance.
The OIA also ranked first globally among sovereign wealth funds in public market investment returns for 2025.
Total assets reached about RO 23 billion, with performance exceeding annual targets by 105 percent.
Oman Investment Authority contributed RO 800 million to the state budget, half of which was allocated to the Future Fund Oman. It also injected RO 2.4 billion in capital investments into local projects, supporting economic growth and stimulating key sectors.
On human capital, the OIA employed 438 staff with an Omanisation rate of 91 percent, while its subsidiaries employed over 41,000 people with an Omanisation rate of 79.4 percent.
A total of 1,146 new jobs were created in 2025, surpassing the annual target of 800. The Authority also directed RO 287 million to small and medium enterprises (SMEs) in support of local content.
Sultan bin Salim Al Habsi, Minister of Finance and Chairman of the Board of Directors of the Oman Investment Authority (OIA), said the Authority continued throughout 2025 to support the national economy with efficiency and sustainability. He affirmed that OIA remained committed to advancing economic diversification targets and strengthening partnerships with the private sector through the Future Fund Oman and its associated strategic projects. The Authority also worked to enhance the performance of its subsidiaries, improving their efficiency and balancing economic and strategic objectives, while promoting best practices in human and financial resource management — all of which reinforce its capacity to contribute effectively to Oman Vision 2040.
Abdulsalam bin Mohammed Al Murshidi, OIA Chairman said the exceptional achievements of 2025 reflect the institutional excellence of the Authority and its subsidiaries, the competence of their national workforce, and their tangible role in sustaining outstanding performance while strengthening alignment with national priorities. The Authority and its companies are moving with accelerating momentum to maximise returns on investments, thereby supporting economic development, contributing to national goals, and building a future for generations to come.
Continuing its balanced growth approach, the OIA further diversified its investments both geographically and sectorially. Its portfolio is now spread across 52 countries, enhancing its ability to manage risk and maximise returns. Oman accounts for the largest share of the Authority’s investments, at nearly two‑thirds of the total. The remaining share is distributed across North America (19 percent), Europe (9 percent), several Asian and Pacific markets (4 percent), and other countries (7 percent).
As an executive arm of Oman’s economic diplomacy, the OIA carried out its national role throughout the year in collaboration with various entities, most notably the Foreign Ministry. This was aimed at attracting foreign investment into domestic sectors and achieving Oman Vision 2040 targets. This role was exemplified through participation in the foreign visits of His Majesty Sultan Haitham bin Tarik to the Netherlands, which saw the signing of three strategic agreements, including a joint development agreement involving 11 leading companies and an agreement to develop storage facilities and infrastructure in Duqm; to Algeria, which included the announcement of Algeria‑Oman Investment Fund; to Russia, where discussions focused on establishing joint investments, with the OIA having initiated contact with several Russian entities to enhance economic cooperation; to Spain, where four memoranda of understanding were signed on green methanol, liquefied natural gas, and water and sanitation management; and to the Republic of Belarus, which resulted in the signing of a cooperation memorandum to establish and operate a pulp and paper production project.
During 2025, the Chairman of Oman Investment Authority (OIA) was entrusted with several overseas missions. He led an Omani delegation to the People's Democratic Republic of Algeria, where he met with President Abdelmadjid Tebboune to discuss prospects for economic and investment cooperation between the two countries. He also visited Burkina Faso, meeting with President Ibrahim Traoré, which resulted in the signing of three investment cooperation agreements, including the establishment of a joint gold mining venture, as well as cooperation in agricultural investment and strategic crops. Another mission to the Republic of Botswana saw the signing of four economic and investment agreements in energy, renewable energy and mining, encompassing the development of solar and wind power projects, mineral exploration partnerships and technical expertise exchange.
During 2025, the OIA Chairman, in coordination with the Foreign Ministry, also undertook visits to Mongolia to explore cooperation opportunities in mining, energy, agriculture and food industries, with the aim of developing joint projects and enhancing long‑term trade and investment ties. A further visit to Hong Kong was conducted to discuss economic, commercial and investment cooperation.
On the portfolio level, the OIA continued to diversify its investments across three main portfolios, with total assets reaching approximately RO 23 billion.
The Domestic Portfolio (National Development Portfolio) focuses on the OIA’s investments in state‑owned enterprises, encompassing various local assets and over 160 companies. Its objective is to contribute to the growth and development of the national economy, while also supporting the state budget through dividend distributions. At the end of 2025, the portfolio’s assets stood at approximately RO 13.09 billion, generating profits of RO 1.8 billion with a return of 15.87 percent, exceeding its target. The portfolio continued to inject capital investments into projects aligned with Oman Vision 2040, reaching RO 2.4 billion by the third quarter of the year. It contributed to the implementation of 14 national projects across multiple sectors, with investments exceeding RO 450 million, which are expected to create more than 1,300 jobs upon completion of their operational phases. The portfolio also contributed RO 800 million to the state budget.
The Foreign Portfolio (Generations Portfolio) comprises the OIA’s investments outside Oman, focusing on generating sustainable financial returns and diversifying risk through long‑term investments in global markets. The portfolio’s value reached RO 8.57 billion, recording profits of RO 1.041 billion during 2025. The portfolio continued to expand its investments by adding new funds across various sectors, bringing the total number of funds to 210. The portfolio’s public market investments ranked first globally, outperforming the public market performance of global sovereign wealth funds by 17.1 percent.
The Future Fund Oman is a key driver of national economic stimulus, financing projects and supporting venture capital investments in the Sultanate of Oman with a capital of RO 2 billion. Since its launch, the fund has approved 186 projects worth approximately RO 1.7 billion, including major ventures and direct investments, alongside projects targeting small and medium enterprises and startups. The fund’s investments in approved projects reached about RO 640 million, helping attract an estimated RO 743 million in foreign investment. Since its inception, the fund has received 986 investment applications.
The OIA also reviewed the results of steering state‑owned enterprises toward profitability and sustainability across various sectors. This followed a diagnosis of the challenges surrounding their operations at the time of their transfer to the Authority in 2020, the subsequent development of appropriate solutions, and the implementation of programmes and initiatives that have led some of them to profitability for the first time in 20 years. This underscores the Authority’s efforts to enhance the contribution of these companies to the national economy and to reshape public perception of them. The review also covered key initial challenges, the approach to addressing them, and the overall results achieved.
The Oman Investment Authority continued to implement its divestment programme launched in 2022 as part of its strategy to recycle capital, maximise returns and attract investments. By the end of 2025, the Authority had completed 24 divestment transactions, generating total proceeds exceeding RO 2.8 billion, which were reinvested into new opportunities. During 2025 alone, the Authority made notable progress, divesting from six assets, surpassing its target of five, reflecting efficient execution and flexible portfolio management.
Divestment transactions during 2025 included initial public offerings, direct divestments and strategic partnerships. These included an IPO of a 20 percent stake in Asyad Shipping, a move aimed at broadening the investor base and enhancing market liquidity. The Authority also completed a full direct divestment of a 10 percent stake in Oman Towers, along with a direct divestment of a 69 percent stake in Sohar Sulphur Fertilizers, reflecting the Authority’s strategy of reallocating investments toward more viable sectors and opportunities.
Divestment transactions also included a partial divestment of a 20 percent stake in Oman Flour Mills from Oman Food Investment Holding Company’s total 51 percent holding, alongside a partial divestment of an 11.4 percent stake in Asyad Terminals, as part of efforts to enhance asset efficiency and expand private sector partnerships. The Authority also entered into a strategic partnership in the Al Shuwaymiyah project, involving a partial divestment of 49 percent in the quarry and 51 percent in the port, a move aimed at attracting high‑value investments and enhancing project value. This performance reflects the success of the divestment programme in meeting its targets by enabling the private sector and attracting foreign capital, thereby contributing to economic diversification and financial sustainability.
On the human capital front, Oman Investment Authority continued to strengthen its national workforce, achieving the highest localisation rate among sovereign wealth funds in the region, with an Omanisation rate of 91 percent within the Authority and 79.4 percent across its subsidiaries. The Authority also continued to implement high‑quality training and qualification programmes to develop national competencies and enhance job market readiness, most notably the “Mu’tamad” professional certification programme, which launched its third edition with a new cybersecurity specialisation track involving over 130 participants, alongside the “Numou” graduate development programme, which attracted 38 trainees from various disciplines. The “Jadarah” platform continues to support employment and qualification, with over 80 companies registered and more than 120,000 registered users, and over 2,500 job opportunities posted since its launch, reflecting the Authority’s contribution to empowering national talent and enhancing employment opportunities.
The Authority also continued its efforts to support small and medium enterprises and enhance their role in the national economy, with total SME spending reaching approximately RO 278 million during 2025, of which RO 186.4 million was directed to Riyada card holders. The share of SMEs in total supply chain expenditure rose to 19.9 percent.
On institutional excellence, Oman Investment Authority maintained a strong presence in local awards and rankings, being named among the top‑performing government entities in institutional excellence, winning two awards in the categories of continuous improvement and sustainable growth. The Authority also received the Hadatha Cybersecurity Award and was honoured with the Digital Excellence Award in the government sector for 2025 in the category of Best Institution Achieving the Highest Performance in Digital Transformation among non‑service entities, affirming its commitment to adopting best institutional and digital practices and strengthening its position as one of the leading sovereign wealth funds regionally and internationally. -
Italian Pavilion Hosts Signing of Two Strategic Agreements at Oman Sustainability Week 2026
Tuesday 19/05/202613:16:05 PMRead moreItalian Pavilion Hosts Signing of Two Strategic Agreements at Oman Sustainability Week 2026
(ONA)-
The Italian pavilion at Oman Sustainability Week 2026 witnessed the signing of two agreements today; one for the establishment of a sustainable data centre and the other for the development of an Omani rose cultivation and rose oil production project.
The signing ceremony was held under the patronage of Pierluigi D’Elia, Ambassador of the Italian Republic to the Sultanate of Oman.
The sustainable data centre project aims to develop an advanced infrastructure integrating technological innovation, cybersecurity, energy efficiency and renewable energy solutions, strengthening Oman’s position as a regional hub for the digital economy, artificial intelligence (AI) and advanced digital services.
The initiative reflects growing economic and industrial cooperation between Italy and Oman, opening new avenues for future investment, knowledge transfer and long‑term strategic partnerships. It was coordinated and supported by the Italian Trade Agency’s office in Muscat, in close collaboration with the commercial office of the Italian Embassy.
Pierluigi D’Elia, Ambassador of the Italian Republic to the Sultanate of Oman said the agreement is a tangible example of deepening partnership between the two countries in strategic sectors including technology, sustainability, infrastructure and innovation. He added that it reflects a shared vision of promoting sustainable economic growth and developing cooperation capable of delivering long‑term benefits for future generations.
Lorenzo Cannavacciuolo of RINA Consulting said the agreement goes beyond the environmental aspect of powering projects with green energy, extending to data infrastructure that is the cornerstone for meeting future global demand for technology development. Building such infrastructure in the Sultanate of Oman will meet growing demand for data storage and management needed by local industry for growth and development.
Massimo Vitale, Chairman of Vitali Spa, described the agreement as an exceptional opportunity to invest in the Sultanate of Oman. The investment aims to create a platform for an AI‑dedicated data centre in Oman. The signing is the first step, followed by planning and design of a data centre with an estimated capacity of 150 megawatts, classifying it as a hyper‑scale data centre.
Qais bin Azzan Al Bahri, CEO of Ahlam Group, said the joint development agreement for the sustainable data centre project marks a milestone in the group’s commitment to supporting Oman’s digital transformation and sustainability aspirations. It contributes to developing advanced technological infrastructure integrating innovation, security and environmental responsibility, delivering long‑term value for Oman and the wider region.
The second agreement relates to cultivating rare rose varieties in Al Jabal Al Akhdar and extracting oil for distribution to perfume manufacturers worldwide, he added.
The sustainable data centre joint development agreement was signed by five major international companies: RINA, Vitali, Forte Secur Group, Ahlam Group and Corpolgia. The strategic collaboration aims to develop advanced, sustainable digital infrastructure aligned with Oman Vision 2040.
Italy is participating in Oman Sustainability Week 2026 with about 18 companies representing energy, technology, bioenergy, engineering, consulting, artificial intelligence, design, transport and logistics, real estate, clean and renewable energy and construction.
The two agreements were signed within the framework of strengthening bilateral relations between Italy and Oman, further reinforced by the recent official visit of Italian Prime Minister Giorgia Meloni to the Sultanate of Oman, which helped accelerate new cooperation opportunities in strategic sectors including energy, infrastructure, technology and sustainable investments.
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Tasaheel For Financing 1st Iss 1st Pro Tranche A May 2026 (EGBTSSL1P1AC) Declares Bond Dividends for Coupon No. (4)
Tuesday 19/05/202613:14:57 PMRead moreTasaheel For Financing 1st Iss 1st Pro Tranche A May 2026 (EGBTSSL1P1AC) Declares Bond Dividends for Coupon No. (4)
Issuer Name : Tasaheel For Financing 1st Iss 1st Pro Tranche A May 2026
ISIN Code : EGB610M1L012
Reuters Code : EGBTSSL1P1AC
Interest Type : Fixed
Coupon Interest : 25.5%
Coupon Amount : EGP 6.3575342465
Coupon Number : 4
Coupon Date : 25/05/2026
Coupon Payment Date : 31/05/2026
Notes :
Bond Redemption: EGP 100
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Release from Speed Medical (SPMD.CA) Concerning the Auditor's Report Corporate Governance Report
Tuesday 19/05/202613:14:21 PMRead moreRelease from Speed Medical (SPMD.CA) Concerning the Auditor's Report Corporate Governance Report
Company: Speed Medical
Symbols: EGS73BR1C013
Reuters: SPMD.CA
Content :
Company statement regarding the auditor's report on the governance report for the financial year ending 31/12/2025
Release from the Company (1,319 KB) -
Housing & Development Bank (HDBK.CA) Reports Its Financial Results (Consolidated) for The Period From 01/01/2026 to 31/03/2026
Tuesday 19/05/202613:13:50 PMRead moreHousing & Development Bank (HDBK.CA) Reports Its Financial Results (Consolidated) for The Period From 01/01/2026 to 31/03/2026
Company Name: Housing & Development Bank
ISIN Code: EGS60301C016
Currency: Egyptian Pound
F/S (Consolidated) Period: From 01/01/2026 to 31/03/2026
Net profit: 5,621,432,049
F/S (Consolidated) Period: From 01/01/2025 to 31/03/2025
Net Comparative profit: 4,958,824,611
Audit Status: Reviewed
Source: Housing & Development Bank
Taking minority rights into consideration -
Housing & Development Bank (HDBK.CA) Reports Its Financial Results (Consolidated) for The Period From 01/01/2026 to 31/03/2026
Tuesday 19/05/202613:13:50 PMRead moreHousing & Development Bank (HDBK.CA) Reports Its Financial Results (Consolidated) for The Period From 01/01/2026 to 31/03/2026
Company Name: Housing & Development Bank
ISIN Code: EGS60301C016
Currency: Egyptian Pound
F/S (Consolidated) Period: From 01/01/2026 to 31/03/2026
Net profit: 5,621,432,049
F/S (Consolidated) Period: From 01/01/2025 to 31/03/2025
Net Comparative profit: 4,958,824,611
Audit Status: Reviewed
Source: Housing & Development Bank
Taking minority rights into consideration
The Consolidated Financial Statements in Arabic (1,389 KB)
The Consolidated Financial Statements in English (1,226 KB) -
CBB 12 Month Treasury Bills Issue 140 oversubscribed by 110%
Tuesday 19/05/202613:13:24 PMRead moreCBB 12 Month Treasury Bills Issue 140 oversubscribed by 110%
(BNA)-
This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 110%.
The bills, carrying a maturity of 12 months, are issued by the Central Bank of Bahrain (CBB), on behalf of the Kingdom of Bahrain.
The issue date of the bills is May 21, and the maturity date is May 20, 2027.
The weighted average rate of interest is 5.29% compared to 5.12% of the previous issue on April 16.
The approximate average price for the issue was 94.925% with the lowest accepted price being 94.731%.
This is issue No. 140 (ISIN BH0009Z4T058) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion. -
Release from Fawry For Banking Technology And Electronic Payment (FWRY.CA) Concerning the BoD & the Executive Managers
Tuesday 19/05/202613:12:59 PMRead moreRelease from Fawry For Banking Technology And Electronic Payment (FWRY.CA) Concerning the BoD & the Executive Managers
Company Name : Fawry For Banking Technology And Electronic Payment
ISIN Code : EGS745L1C014
Reuters Code : FWRY.CA
Content :
Release from the company concerning the Board of Directors & the Executive Managers.
Release from the Company in Arabic (695 KB)
Release from the Company in English (711 KB) -
Housing & Development Bank (HDBK.CA) Reports Its Financial Results (Standalone) for The Period From 01/01/2026 to 31/03/2026
Tuesday 19/05/202613:11:22 PMRead moreHousing & Development Bank (HDBK.CA) Reports Its Financial Results (Standalone) for The Period From 01/01/2026 to 31/03/2026
Company Name: Housing & Development Bank
ISIN Code: EGS60301C016
Currency: Egyptian Pound
F/S (Standalone) Period: From 01/01/2026 to 31/03/2026
Net profit: 5,178,884,370
F/S (Standalone) Period: From 01/01/2025 to 31/03/2025
Net Comparative profit: 4,820,956,233
Audit Status: Reviewed
Source: Housing & Development Bank
The Standalone Financial Statements in English (1,214 KB)
The Standalone Financial Statements in Arabic (1,441 KB) -
Housing & Development Bank (HDBK.CA) Reports Its Financial Results (Standalone) for The Period From 01/01/2026 to 31/03/2026
Tuesday 19/05/202613:11:22 PMRead moreHousing & Development Bank (HDBK.CA) Reports Its Financial Results (Standalone) for The Period From 01/01/2026 to 31/03/2026
Company Name: Housing & Development Bank
ISIN Code: EGS60301C016
Currency: Egyptian Pound
F/S (Standalone) Period: From 01/01/2026 to 31/03/2026
Net profit: 5,178,884,370
F/S (Standalone) Period: From 01/01/2025 to 31/03/2025
Net Comparative profit: 4,820,956,233
Audit Status: Reviewed
Source: Housing & Development Bank -
A statement from the Heliopolis Housing company confirming the signing of a credit facility agreement with Banque du Caire worth EGP 1.5 billion
Tuesday 19/05/202613:11:06 PMRead moreA statement from the Heliopolis Housing company confirming the signing of a credit facility agreement with Banque du Caire worth EGP 1.5 billion
Misr El Gdida Company has signed a credit facility agreement with Banque du Caire amounting to EGP 1.5 billion, in line with the Board of Directors’
resolution authorizing the Managing Director and Chief Executive Officer to negotiate and secure a short-term financing facility under the most
favorable financing terms and at the lowest possible interest cost.
This facility is backed by the expected cash flows and revenues generated from partnership agreements concluded with development partners,and is scheduled to be settled during the last quarter
of the current fiscal year. The facility aims to support the financing of the company’s expansion projects and enhance its ability to execute its investment plans, while maintaining efficient
liquidity management and optimizing the utilization of available financing resources to support the company’s investment and expansion strategies. -
Release from Egyptian Media Production City (MPRC.CA) Concerning the Board of Directors & the Executive Managers
Tuesday 19/05/202613:09:43 PMRead moreRelease from Egyptian Media Production City (MPRC.CA) Concerning the Board of Directors & the Executive Managers
Company: Egyptian Media Production City
Symbols: EGS78021C010
Reuters: MPRC.CA
Content :
Release was sent concerning the Board of Directors & the Executive Managers
Release from the Company (727 KB) -
National Housing for Professional Syndicates (NHPS.CA) - AGM Minutes (Notarized)
Tuesday 19/05/202613:07:26 PMRead moreNational Housing for Professional Syndicates (NHPS.CA) - AGM Minutes (Notarized)
Company: National Housing for Professional Syndicates
Symbols: EGS65131C012
Reuters: NHPS.CA
Content:
Notarized minutes of the AGM held on 29/03/2026
AGM Minutes (1,430 KB) -
Tenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda (RMDA.CA) - AGM Minutes (Notarized)
Tuesday 19/05/202613:07:08 PMRead moreTenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda (RMDA.CA) - AGM Minutes (Notarized)
Company: Tenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda
Symbols: EGS381B1C015
Reuters: RMDA.CA
Content:
Notarized minutes of the AGM held on 04/05/2026
AGM Minutes (497 KB)
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HDB EARNINGS PRESS RELEASE Q1 2026
Tuesday 19/05/202613:05:52 PMRead moreHDB EARNINGS PRESS RELEASE Q1 2026
Housing & Development Bank (HDB) achieves
Robust growth,
Bottom-Line +7.4% y-o-y to EGP 5.2 Bln in Q1-
2026.
Housing & Development
Bank (EGX: HDBK) has
announced a standalone net
profit of EGP 5.2 Bln for
the first quarter of 2026,
marking a Y-o-Y increase
of 7.4%. Net operating
income also grew by
10.8% Y-o-Y to reach EGP
8.4 billion.
• Net income of EGP 5.2 Bln, up 7.4% y-o-y
• Net operating income of EGP 8.4Bln, up 10.8% y-o-y
• Return on average equity of 56.2%
• Return on average assets of 8.7%
• Net operating margin (NOM) of 14.1%
• Net interest margin (NIM) of 15.4%
• Growth Across the Bank’s Portfolio
- Customer deposits recorded an increase of 5.7% YTD to EGP 189.3 Bln at the end of Q1-2026.
- The Bank’s gross customer loans increased by 5.7% YTD to EGP 69.4 Bln at the end of Q1-2026.
- Gross loan-to-deposit ratio stood at 36.7% at the end of Q1-2026.
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• A Strong Performance Across the Balance Sheet
- HDB’s Capital Adequacy Ratio (CAR) stood at 38.5%, far above the Central Bank of Egypt’s (CBE) minimum requirements.
The Bank booked a CAR of 37.4% for Tier-1 and 1.1% for Tier-2 at the end of Q1-2026.
- HDB reported a NSFR ratio of 222.40% and an LCR ratio of 1288.94% at the end of Q1-2026.
- Customer deposits constituted 91% of HDB’s liabilities.
- Nonperforming loans (NPL) ratio stood at 5.06% at the end of Q1-2026 while the Bank’s coverage ratio recorded 164.33% at
the same period.
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Drive Finance&Non Banking Services 1st Iss 1st p Tranche B Jun27 (DRVFN1P1B=CA) Declares Bond Dividends for Coupon No. (48)
Tuesday 19/05/202613:04:09 PMRead moreDrive Finance&Non Banking Services 1st Iss 1st p Tranche B Jun27 (DRVFN1P1B=CA) Declares Bond Dividends for Coupon No. (48)
Issuer Name : Drive Finance&Non Banking Services 1st Iss 1st p Tranche B Jun27
ISIN Code : EGB7CNX1L027
Reuters Code : DRVFN1P1B=CA
Interest Type : Fixed
Coupon Interest : 13.5%
Coupon Amount : EGP 0.2675342466
Coupon Number : 48
Coupon Date : 25/05/2026
Coupon Payment Date : 31/05/2026
Notes :
Bond Redemption: EGP 1.6666666667
