EGX 30 slips 0.68% as Orascom Construction launches Everwater

The EGX 30 closed at 52,007.0 points, down 0.68% on May 18. Orascom Construction formed a joint company with Trojan Construction Holding called Everwater, TradingView reported. Elsewedy Electric will distribute a $0.03-per-share cash dividend for 2025, according to ZAWYA. The session also featured at least 10 regulatory and financial filings, including a release from Orascom Construction PLC and consolidated results from Ibnsina Pharma.