The Egyptian Exchange disclosed the most important statements and disclosures related to several listed companies during today’s trading session. The highlights are as follows:
Corporate Results & Company Announcements
Abu Dhabi Islamic Bank – Egypt achieves consolidated net profits of EGP 12.6 billion in 2025
The consolidated annual financial results of Abu Dhabi Islamic Bank – Egypt for the year 2025 revealed net profits amounting to EGP 12.6 billion, compared to approximately EGP 9.02 billion in 2024.
SODIC records consolidated net profits of EGP 4.5 billion in 2025
Sixth of October Development and Investment Company (SODIC) announced consolidated net profits of EGP 4.49 billion for 2025, compared to EGP 2.54 billion in 2024.
Foodico posts net profits of EGP 71.8 million in 2025
Ismailia National Food Industries Company (Foodico) reported net profits of EGP 71.76 million for 2025, compared to EGP 95.39 million in 2024.
Neodap reports net losses of EGP 12.2 million in 2025
North Upper Egypt Development and Agricultural Production Company (Neodap) recorded net losses of EGP 12.16 million in 2025, compared to net losses of EGP 4.4 million in 2024.
Dana Gas records net profits of AED 476 million in FY 2025
Dana Gas PJSC announced its preliminary unaudited financial results for the fiscal year ended December 31, 2025.
The company recorded net profits of AED 476 million (USD 130 million) in 2025, compared to AED 553 million (USD 151 million) in 2024.
Annual revenues reached AED 1.28 billion (USD 348 million), lower than 2024 revenues, which included a one-off exceptional income of USD 46 million related to retroactive gas price adjustments.
Excluding this non-recurring item, the decline in 2025 revenues was mainly due to lower gas production in Egypt and lower realized selling prices linked to oil prices, as Brent crude averaged USD 69 per barrel in 2025 compared to USD 81 per barrel in 2024.
Madinet Masr Housing receives FRA approval for SAFE real estate investment fund
Madinet Masr Housing & Development announced that it has obtained approval from the Financial Regulatory Authority (FRA) to license the SAFE Real Estate Investment Fund to operate as a real estate investment fund.
CIB finances Elsewedy Electric power project in Hungary
Elsewedy Electric announced that the Commercial International Bank – Egypt (CIB) is financing Elsewedy Electric for Energy Projects LLC with EUR 58 million to implement a combined-cycle power plant project in Hungary.
Financial Regulatory Authority (FRA) Decisions
FRA allows brokerage firms to market their services through digital platforms
The Financial Regulatory Authority, chaired by Dr. Mohamed Farid, issued a new decision allowing securities brokerage firms to market their services through digital platforms for the first time, in light of the rapid growth of financial technology in non-banking financial services.
Dr. Mohamed Farid stated that the decision aims to facilitate citizens’ access to capital market services safely through their mobile phones.
He added that the decision integrates financial technology into non-banking services while imposing strict controls to protect investor data and prevent misleading practices.
Decision No. 332 of 2026 defines a digital platform as an FRA-approved digital business model that allows encrypted transmission of clients’ trading orders to brokerage firms.
FRA amends investment rules for insurance and reinsurance companies
The FRA issued Decision No. 3 of 2026 amending the rules governing the investment of funds allocated to insurance and reinsurance companies, aiming to better protect policyholders’ rights.
The decision stipulates that if allocated funds are insufficient to cover obligations toward policyholders, the company must cover the shortfall from its free funds.
If free funds are insufficient, the company will be granted a three-month grace period to submit a financial recovery plan to address the deficit.
Major Economic News
Prime Minister witnesses the largest telecom spectrum deal in Egypt’s history worth USD 3.5 billion
Prime Minister Dr. Mostafa Madbouly witnessed the signing ceremony of the largest spectrum deal in the history of Egypt’s telecommunications sector, held by the Ministry of Communications and Information Technology, with a total value of USD 3.5 billion.
The event was attended by senior government officials, ambassadors from several countries, members of parliament, and executives from telecom companies operating in Egypt.
Allocation of 410 MHz of new spectrum to mobile operators
Minister of Communications Dr. Amr Talaat stated that the agreement represents the largest spectrum allocation since the launch of mobile services in Egypt 30 years ago.
The deal includes the allocation of 410 MHz, equivalent to all spectrum allocated over the past three decades combined.
Unified financing initiative to mobilize USD 1 billion over five years
Minister of Planning, Economic Development and International Cooperation, Dr. Rania Al-Mashat, announced the launch of a unified financing initiative aimed at mobilizing USD 1 billion over five years to support startups.
The initiative will leverage government funding, guarantees, and co-investments with venture capital funds and private sector financial institutions.
DrasChem to establish the first sodium cyanide plant in the Middle East
DrasChem Specialty Chemicals plans to establish the first sodium cyanide production plant in the Middle East at the Sidpec complex in Alexandria.
The project’s first phase will involve investments of USD 200 million, targeting annual production of 50,000 tons, mainly for gold extraction.
Production is expected to start in 2028, with future plans to expand into battery materials.
Finance Minister: Economic growth reaches 5% in Q1
Finance Minister Ahmed Kouchouk stated that economic growth reached 5% during the first quarter, driven by increased production and exports.
He highlighted:
A 40% increase in private investments
A 32% rise in tax revenues without imposing new burdens
A 12% decline in external debt over two years
Improved investor confidence and reduced risk levels
Trade exchange between Egypt and the UK reaches GBP 2.5 billion
The Egyptian Commercial Office in London announced that trade exchange between Egypt and the UK reached GBP 2.5 billion during January–November 2025.
British investments in Egypt reached GBP 20.7 billion, making the UK the second-largest foreign investor in Egypt.
Agreement to import frozen poultry ahead of Ramadan
The Ministers of Supply and Agriculture, along with the Mostakbal Misr Authority, announced a tripartite agreement to import frozen poultry and poultry cuts ahead of Ramadan to increase supply and stabilize prices.
The products will be offered through government outlets at discounted prices across all governorates.
Egypt Anode prepares to expand production and boost exports
Egypt Anode is preparing to operate its second production line and export its second shipment of calcined petroleum coke.
Total exports since reopening in October 2025 reached 38,500 tons, supporting foreign currency inflows.
Suez Canal records USD 449 million in revenues since the beginning of 2026
The Suez Canal Authority announced that 1,315 vessels transited the canal since the start of 2026, with total net tonnage of 56 million tons, generating revenues of USD 449 million, reflecting improving navigation activity.
Central Bank Governor: Our role is controlling inflation, not the exchange rate
Central Bank Governor Hassan Abdallah stated that the central bank’s main responsibility is controlling inflation rather than managing currency strength.
He noted that since March 2024, Egypt has adopted an inflation-targeting framework and a flexible exchange rate regime, which helped reduce inflation from nearly 40% to around 12%.
Central Bank Governor: Macroeconomic indicators are improving
The Governor also confirmed that Egypt’s macroeconomic indicators are improving and that Suez Canal traffic is gradually recovering, while the government continues to support private sector participation and sustainable growth.
