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

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

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

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, 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.”

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 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 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 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.

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.

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.

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

(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).

(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.

(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.