EGX 30 index closed at 54,058.75 points, recording a decline of 0.77%. EGX70 EWI index posted 0.86% gain concluding the day at 14,935.82 points, while EGX100 EWI index rose by 0.71% and concluded the day at 20,825.02 points.

EGX 33 Shariah Index declined by 0.04% and concluded the day at 5,871.46 points . EGX 30 index capped declined by 0.42% and concluded at 66,226.73 points.

Total market capitalization reached EGP 3,822.4 billion at end of day, representing an increase of 0.21% over the day, as presented in the below table.

Trading Economics-


The benchmark KOSPI rose 2.63% to close at a record high of 7,844 on Wednesday, rebounding after a sharp selloff in the previous session as investors selectively bought semiconductor and large-cap technology stocks. Optimism over AI demand and strength in chip exports continued to support sentiment. Gains were led by Samsung Electronics (1.97%), SK Hynix (8.12%), SK Square (5.86%), Hyundai Motor (9.83%), HD Hyundai Heavy Industries (2.83%), and Kia Corporation (6.30%), while LG Energy Solution (-2.71%) and Doosan Enerbility (-4.46%) posted losses. Meanwhile, hotter-than-expected US inflation strengthened expectations that the Federal Reserve could keep interest rates elevated for longer,Investors also monitored debate over proposals to redistribute AI-driven excess tax revenues and ongoing labor tensions at Samsung Electronics after wage talks with its union collapsed.

Trading Economics-


The Shanghai Composite rose 0.67% to close at 4,243 on Wednesday, while the Shenzhen Component climbed 1.67% to 16,090, erasing losses from the earlier session ,Tech stocks were among the top gainers, including Cambricon Technologies (3.05%), Zhongji Innolight (3.07%), and Victory Giant Technology (3.19%). Other notable performers included Foxconn Industrial Internet (10%), Weichai Power (5.02%), and Suzhou TFC Optical Communication (10.44%). In contrast, livestock and agriculture stocks such as Muyuan Foods (-1.28%) and Wens Foodstuff Group (-2.08%) declined amid expectations of progress on US-China agricultural trade during the summit.

Trading Economics-


The Nikkei 225 Index rose 0.84% to close at 63,272 on Wednesday, reversing losses from earlier in the session as strong corporate earnings and sustained demand for artificial intelligence-linked stocks lifted sentiment. Local firms continued to report better-than-expected outlooks despite geopolitical headwinds from the Middle East conflict. Japanese equities also diverged from a tech-led selloff on Wall Street overnight, where hotter-than-expected US inflation data reduced expectations for Federal Reserve interest rate cuts. Among top gainers, Kioxia Holdings (9.5%), Furukawa Electric (15.3%), Fujikura (3%), Sony Group (5.1%), and Mitsui Kinzoku (8%) advanced. Olympus also surged nearly 20% after issuing a stronger-than-expected profit forecast and announcing a share buyback program. In contrast, Nidec fell 13.9% after reporting suspected improper conduct related to product quality.

Trading Economics-


The NZX 50 fell 17 points, or 0.1%, to close at 13,063 on Wednesday, retreating for the second straight session and tracking declines on Wall Street overnight, as a faster-than-expected inflation reading amid higher oil prices raised concerns that the Fed will not cut rates this year. Fresh data also pressured sentiment, with business inflation expectations accelerating to 2.53% in Q2, marking the fastest increase since Q4 2023. Traders also remained cautious ahead of the release of New Zealand's food inflation data and manufacturing PMI, both due later this week.Technology stocks, communication services, and financials mainly dragged the index lower, with notable losses from AFC Pharmaceuticals (-6.7%), Westpac Banking Corp. (-4.5%), ANZ Group (-2.6%), Infratil (-1.5%), and Auckland International Airport (-1.3%).

Trading Economics-


The S&P/ASX 200 lost 40 points or 0.5% to finish at 8,631 on Wednesday, pulling back for the fourth straight session amid broad losses on Wall Street Tuesday following hotter-than-expected inflation readings for April due to higher oil prices from the Middle East conflict. On the fiscal front, the 2026/27 federal budget offers modest cost-of-living relief and sweeping tax reforms, but expect Australia's economic growth to ease to 1.75% and inflation to hit 5% by mid-2026. Meantime, the deficit is projected to widen slightly before returning to a balanced budget in 2034/35. Still, losses were capped by hopes that the upcoming meeting between U.S.Financials dropped sharply while healthcare and consumer durables fell modestly. The big four banks plunged between 1.5% to 10.4% amid notable losses from Paladin Energy (-12.0%), Eagers Automotive (-2.2%), and Codan Ltd.(-1.0%).

Trading Economics-

Turkey's current account deficit widened sharply to $9.7 billion in March 2026 from $4.9 billion in the same month of the previous year. It marked the largest current account shortfall since January 2023, as the goods account deficit almost doubled to $9.5 billion from $4.9 billion in March 2025, while the services account surplus slightly fell to $2.6 billion from $2.7 billion. Moreover, the secondary income deficit increased significantly to $0.2 billion from $0.009 billion. In contrast, the primary income shortfall slightly decreased to $2.5 billion in March 2026 from $2.7 billion a year earlier. Excluding gold and energy, the current account deficit reached $3.9 billion. Over the first quarter, the country recorded a current account shortfall of $23.7 billion, higher than $14.1 billion in the corresponding period a year earlier.

Trading Economics-


Indian stock indices closed flat on Wednesday, maintaining most of the four consecutive declines in the prior sessions as elevated energy prices worsened the macroeconomic outlook for the Indian economy and drove investors to pivot out of Indian assets. The S&P/BSE Sensex closed flat at 75,600 and the NSE Nifty 50 inched higher by 0.1% to 23,410. Crude oil and refined product benchmarks were little changed during the session following their surges this month as the continued impasse between Iran and the US prolonged the outlook of suspended oil flows from the Middle East. Not only does the surge in energy prices hurt domestic margins and restrict financial conditions, but the outflows of foreign exchange on energy imports pressure the rupee and drive foreign investors to pivot to stronger currencies. Risk-sensitive tech stocks dropped sharply, also pressured by a poor session for the sector in the US. Infosys, Tech Mahindra, and TCS dropped more than 1%.

(SPA)-


The Qatar Stock Exchange (QSE) index closed today down 51.23 points, or 0.49%, to settle at 10,472.69 points.

A total of 149,663,276 shares changed hands during the session, with a value exceeding 405 million Qatari riyals, through 25,544 transactions across all sectors.

Shares of 11 companies rose, while shares of 38 other companies declined, and two companies maintained their previous closing price.

(SPA)-

The Saudi stock market's main index closed down 19.16 points today, settling at 11,020.07 points, with trading valued at 5.5 billion riyals.

According to the Saudi Press Agency's daily economic bulletin for the Saudi stock market, 273 million shares were traded, with 87 companies seeing their share prices rise, while 170 companies experienced a decline.

Shares of Cisco Holding, Alinma REIT Retail, Petro Rabigh, Al-Saqr Insurance, and Saudi Energy were the top gainers, while shares of Wafrah, Saleh Al-Rashed, Sadafco, Emaar, and Al-Masar Al-Shamel were the biggest losers. The percentage changes ranged between a gain of 8.70% and a loss of 6.79%. Americana, Saudi Aramco, Petro Rabigh, Ban, and Kayan Saudi Arabia were the most actively traded stocks by volume, while Al Rajhi, Saudi Aramco, Elm, ACWA Power, and Petro Rabigh were the most actively traded by value.

The Saudi Parallel Market (Nomu) index closed down 30.52 points at 22,764.02 points, with a trading value of SAR 15 million and a volume of over 2 million shares.

Youm7-

The Egyptian stock market indices showed mixed performance during Wednesday's trading session. The main index declined for the third consecutive session, pressured by losses in leading stocks, most notably Commercial International Bank (CIB), Talaat Moustafa Group Holding, and Eastern Company.

Meanwhile, the EGX 70 and EGX 100 indices rose. Egyptian investors were net buyers, while Arab and foreign investors were net sellers. Trading volume reached EGP 12.8 billion, and market capitalization fell by EGP 8 billion to close at EGP 3.816 trillion.

The EGX 30 index declined by 1.19% to close at 53,416 points, while the EGX 30 Capped index fell by 0.85% to close at 65,666 points. The EGX 30 Total Return index also decreased by 1.19% to close at 24,804 points, and the EGX 35-LV index, which tracks low-volatility stocks, dropped by 0.17% to close at 6,021 points.

Meanwhile, the EGX 70 Equal Weight index, which tracks small and medium-sized enterprises, rose by 0.89% to close at 15,069 points. The EGX 100 Equal Weight index climbed by 0.57% to close at 20,942 points, and the Sharia index edged up by 0.08% to close at 5,876 points.

(WAM)-


Aldar and the Department of Municipalities and Transport (DMT) have announced a landmark public-private partnership to deliver new integrated communities spanning more than 20 million square metres across five strategic locations in Abu Dhabi.

The new communities will bring together residential, retail, educational, and lifestyle offerings within thoughtfully planned, walkable neighbourhoods featuring green public spaces and seamless connectivity to Abu Dhabi’s wider transport networks. The master developments will draw on Aldar’s extensive expertise delivering some of Abu Dhabi’s most iconic destinations such as Saadiyat Island, Yas Island, and Al Raha Beach.

The collaboration directly supports the emirate’s broader urban development and housing priorities, including the expansion of the Value Housing Programme, a DMT-led initiative that increases access to high-quality, affordable rental housing in Abu Dhabi.

The agreement also represents a new model for urban development in the emirate, one that aligns housing accessibility, community building, and long-term economic growth within a single, coordinated framework, with DMT contributing land and Aldar serving as master developer.

The partnership was inaugurated during the Abu Dhabi Infrastructure Summit (ADIS) 2026 in the presence of Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure; Mohammed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport - Abu Dhabi; and Mohamed Khalifa Al Mubarak, Chairman of Aldar.

The agreement was signed by Abdulla Mohamed Al Blooshi, Director-General of the Urban Planning and Permits Centre at the Department of Municipalities and Transport, and Talal Al Dhiyebi, Group Chief Executive Officer of Aldar.

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said, “This strategic partnership marks an important step in shaping Abu Dhabi’s next phase of urban growth. As the emirate continues to attract residents, businesses, and investment, there is a growing need for thoughtfully planned destinations that expand housing choice across multiple market segments while enhancing quality of life. Through this collaboration with DMT, we will shape communities that will meet evolving market needs and support the emirate’s long-term development ambitions. The scale and breadth of these projects reflect Aldar’s strong conviction in the long-term fundamentals of Abu Dhabi’s real estate market and our continued confidence in the emirate’s economic growth trajectory.”

Abdulla Mohamed Al Blooshi, Director-General of the Urban Planning and Permits Centre at the Department of Municipalities and Transport, said, "This partnership with Aldar represents a new model for Abu Dhabi’s urban development, one that brings together strategic master planning, private-sector execution capability, and government oversight to deliver transformational growth. By collaborating with a trusted partner like Aldar, DMT can accelerate the delivery of the housing and mixed-use communities Abu Dhabi needs, while maintaining the highest standards of planning, sustainability, and quality of life.”

At the heart of the partnership is a commitment to expanding housing choice for both sale and rent, while raising the standard of community living across Abu Dhabi. At Muwaylih, Mussafah, Al Zahiya and Al Faya, the partners will create a mix of lifestyle-focused developments and Value Housing Programme homes, with design inspiration taken from the unique character and qualities of each area, serving residents across a range of market segments.

These communities are designed to offer a quality of life defined by walkable neighbourhoods, green public spaces, schools, retail, and places to gather, connected to the wider city and built around the lifestyle needs of the people who will call them home. Strategically located along major road networks, each destination will offer seamless connectivity across Abu Dhabi while fostering a strong sense of place and belonging.

The partnership marks a significant expansion of the Value Housing Programme, building on a recently announced commitment to develop two integrated communities in Mohamed Bin Zayed City and Baniyas that will deliver 9,000 residential units to Abu Dhabi’s rental market.

The partners will also activate Al Mihsinah Island for the first time, creating a landmark waterfront community. Designed to combine natural coastal surroundings with thoughtfully planned residential neighbourhoods and lifestyle amenities, the development will offer a living experience that blends wellness, tranquillity, and connectivity within a waterfront setting.

The partnership is a direct expression of Abu Dhabi’s urban development strategy, one that places integrated community planning, housing accessibility, and long-term liveability at its core. By combining public-sector land stewardship with private-sector development expertise, Aldar and DMT are establishing a model for purposeful and inclusive development that can be replicated across the emirate.

(WAM)-


Amlak Finance PJSC announced its quarterly financial results for the period ended 31st March 2026. The Company maintained its focus on the prudent management of its UAE operations and overall balance sheet.

During the period, Amlak reported a net profit after income tax of AED52 million, compared to AED28 million in the corresponding period of 2025, representing a quarter-on-quarter growth of 86%.

Amlak’s total revenue for Q1 2026 increased by 8% to AED65 million, compared to AED60 million in the corresponding period of 2025. Revenue from financing and investing activities increased to AED30 million from AED1 million in Q1 2025, primarily driven by higher placement of wakala deposits, which generated income of AED 28 million during the period.

Cost of distribution to financiers reduced to zero in Q1 2026 compared to AED4 million incurred on investment deposits during the same period in Q1 2025, following the full settlement of the Company’s financial obligations in July 2025.

The recently approved dividend of AED735 million highlights Amlak’s commitment to delivering value to its shareholders.

(WAM)-


China Harbour Engineering Company (CHEC), the main international arm of China Communications Construction Company (CCCC), showcased during its participation in the second edition of the Abu Dhabi Infrastructure Summit (ADIS) 2026 its expansion plans and strategic projects in the UAE and the wider region, highlighting its growing role in supporting infrastructure, transport and major construction projects, as well as strengthening UAE-China cooperation in engineering, technology and artificial intelligence.

Duan Kun, Managing Director of China Harbour Engineering Company in the UAE, said in statements to the Emirates News Agency (WAM) that the UAE represents a pivotal strategic partner for the Chinese government and Chinese state-owned companies, given its ambitious development vision and attractive investment environment that supports the growth of major projects and international partnerships.

He explained that the company is focused on deploying advanced Chinese solutions to support the development of infrastructure projects in the UAE, alongside transferring technology, materials and supply chain advantages, in a way that enhances the UAE’s competitiveness and leadership in the infrastructure sector.

He noted that the company is currently implementing the high-speed rail project linking Dubai and Abu Dhabi, in addition to expansion works at Al Maktoum International Airport.

Duan affirmed that the company’s contribution to strategic projects in the UAE would support the advancement of infrastructure systems to more sophisticated and efficient levels. He added that the UAE provides an open and encouraging environment for investment and business, making him feel fully integrated within Emirati society, reflecting the country’s approach based on tolerance, openness and cultural diversity.

For his part, Dr Adel Hamam, Regional Director for the Middle East for Operations and Commercials at the company, told WAM that the UAE market enjoys strong strategic interest from the company’s headquarters in China and ranks among its top priorities in the Middle East and globally, given the advanced investment environment and rapid momentum in infrastructure and urban development projects in the country.

He explained that the UAE and Gulf markets account for around 30 percent of the company’s total global business, while the company operates nearly 150 international branches worldwide, reflecting the Gulf region’s growing weight within the company’s global business map.

He noted that the company currently operates in nine countries across the Middle East, with Saudi Arabia and the UAE serving as regional hubs for its operations, adding that the total value of the company’s current projects within the UAE stands at around US$10 billion, in addition to projects of similar value across the rest of the Gulf region.

He pointed out that the company is currently implementing several projects with major developers in the UAE, including AD Ports Group, with around six ongoing projects under execution as part of its growing partnerships with leading national entities and institutions.

Dr Hamam said the company today signed a preliminary agreement with the Department of Municipalities and Transport and the Abu Dhabi Projects and Infrastructure Centre on cooperation in artificial intelligence applications in construction and infrastructure, as well as the provision of consultancy and engineering services between China and the UAE, enhancing knowledge exchange and advancing technical and engineering partnerships between the two sides towards broader horizons.

He added that the company signed contracts around a month ago for the Dubai segment of the high-speed rail project, affirming that work is progressing according to approved timelines without any implementation obstacles, amid the rapid development momentum witnessed in the UAE infrastructure market.

(WAM)-


Agthia Group PJSC today announced a strong performance for the first quarter of 2026, reflecting disciplined execution across its diversified portfolio, and its ability to maintain operational continuity amid external headwinds.

Group Net Revenue rose 3.3% year-on-year to AED1.3 billion, EBITDA grew 4.1% to AED 193.3 million, while net profit increased 12.5% to AED 96.9 million, supported by disciplined execution, stronger margin delivery, and improving operating performance across key businesses. Results of the quarter were shaped by strong execution in core segments, continued progress across transformation projects, and the Group’s ability to respond quickly to a more complex operating environment.

Khalifa Sultan Al Suwaidi, Chairman of Agthia’s Board, commented: “The first quarter reinforced the importance of resilience, discipline and long-term perspective in navigating a more complex operating environment. Agthia’s performance reflects the strength of the Group’s fundamentals, the relevance of its role in supporting the broader food security agenda, and the focus with which it continues to execute against its strategic priorities.”

Salmeen Alameri, Managing Director & CEO of Agthia Group, added: “Our first-quarter performance reflects disciplined execution across the business, the strength of our diversified portfolio, and the commitment of our teams across the Group. In a complex regional context, we responded with agility, maintained uninterrupted supply, and continued to manage our operations with focus and consistency. At the same time, the transformation actions underway across the Group are beginning to translate more clearly into performance, supporting improved operating efficiency, stronger margin delivery, and a more resilient earnings profile. We remain firmly focused on our long-term priorities and confident in our ability to continue strengthening Agthia’s position as a leading food and beverage company.”

Water & Food remained a key growth driver during the quarter, supported by strong performance in UAE bottled water and Home and Office Services. Protein & Frozen also showed encouraging progress as transformation efforts continued and the ramp-up of the Group’s Saudi protein facility gathered pace, with Phase II now operational and adding capacity. Agri-Business further supported Group performance, delivering resilient underlying results alongside its participation in UAE food security-related programs, while Snacking continued to move through a reset focused on strengthening future growth and margin potential.

In Q1 2026, the Group also delivered a 22.5% increase in e-commerce revenue, which now accounted for 7.2% of underlying revenue.