EGX 30 falls 1.06% as Elsewedy draws support from 60% UAE deal

The EGX 30 closed down 1.06% at 52,468.7 on September 28, with corporate disclosures driving the session rather than a macro trigger. Elsewedy Electric stayed in focus after acquiring a 60% stake in UAE-based Thomassen Service, Technical Review Middle East reported on September 21. Elsewedy Electric shares held their value as 2026 figures guided investors, according to AD HOC NEWS on September 22. The day's flow also featured at least 10 EGX regulatory filings, including AGM notices, board decisions and financial statements.