EGX 30 slips 0.38% as Telecom Egypt, Abu Qir anchor earnings flow

The EGX 30 closed at 52,658.8, down 0.3835% on May 25, in a session shaped by corporate updates. Telecom Egypt reported strong underlying business performance in Q1 2026, according to WebWire, with no additional figure in the headline. Abu Qir Fertilizers and Chemical Industries posted quarterly net profit of EGP 5.63 billion, according to TradingView, providing the session's clearest earnings datapoint. Egypt's prime minister and Elsewedy Electric discussed expansion plans and new investments, ZAWYA reported, with the headline keeping the projects at the discussion stage.