Corporate News from the Egyptian Exchange
Fawry for Banking Technology and Electronic Payments reported consolidated net profits of EGP 3.1 billion in 2025, compared to EGP 1.75 billion in 2024.
United Housing & Development achieved consolidated net profits of EGP 220 million in 2025, versus EGP 130 million in 2024.
Act Financial Consulting posted consolidated net profits of EGP 496 million in 2025, compared to EGP 355 million in 2024.
Misr Cement – Qena recorded consolidated net profits of EGP 2.6 billion in 2025, versus EGP 271 million in 2024.
Orascom Development Egypt achieved consolidated net profits of EGP 5.4 billion in 2025, compared to EGP 3.45 billion in 2024.
Delta Insurance reported consolidated net profits of EGP 888 million in 2025, versus EGP 613 million in 2024.
Raya Contact Center posted consolidated net profits of EGP 323 million in 2025, compared to EGP 340 million in 2024.
Share Transfer Transactions (Employee Incentive Programs)
Act Financial Consulting: Transfer of 24,212,054 shares worth EGP 64.1 million.
You Financial Consumer Finance: Transfer of 1,998,202 shares worth EGP 1.55 million.
EFG Holding Group: Transfer of 6,294,830 shares worth EGP 47.7 million.
Egyptian Exchange Initiatives
The Egyptian Exchange, in cooperation with the Egyptian-British Business Association (BEBA), held the first roundtable session titled “Your Platform for Investment and Finance”, both in-person and virtually.
Key Economic Developments
Cabinet Approval: 40 land allocation requests for companies under the system of selling in USD from abroad.
Petroleum Sector: Approval for aerial geophysical surveys of promising mineral areas by X-Calibur, covering six regions across Egypt.
Gas Production Expansion: New wells added in the Mediterranean (West Burullus) and Western Desert (Badr El-Din fields).
Food Exports: The Food Export Council announced that 59% of Egypt’s food exports in 2025 (worth USD 4 billion) went to 15 countries, out of a total of USD 6.8 billion.
Government IPO Program: First meeting of the committee reviewing fair value assessments of state-owned companies, starting with Bank of Cairo.
Automotive Industry: Ministers of Industry, Finance, and Investment discussed new mechanisms to localize and deepen Egypt’s automotive manufacturing.
Investment Platform: Minister of Investment Mohamed Farid chaired a meeting to follow up on the implementation of the Economic Entities Platform, a unified national system for investment lifecycle management.
Agricultural Exports: Egypt officially opened the Panama market to four products: oranges, lemons, mandarins, and grapefruits.
Defense Industry: Minister of Military Production emphasized strengthening financial governance in affiliated companies.
Foreign Affairs: Minister of Foreign Affairs Badr Abdelatty met with UN Special Envoy Mahmoud Mohieldin to discuss development financing and climate projects.
Nissan Investments: Talks held with Nissan executives to expand long-term automotive investments in Egypt.
Shipping Sector: Hapag-Lloyd announced peak season surcharges on shipments from East Asia to the Gulf, effective March 6, 2026.
IMF Monitoring: The IMF is closely following developments in the Middle East, noting trade disruptions, energy price spikes, and financial market volatility, with uncertainty depending on the scope and duration of regional conflicts.