EGX 30 rises 1.21% as 900-MW wind deal offsets mixed corporate earnings
The EGX 30 closed up 1.2082% at 47,497.9 on March 25, as Orascom Construction signed, with Engie and Toyota Tsusho, a power purchase agreement for a 900-MW wind farm in Ras Shokeir, according to EnterpriseAM Egypt and Energy Global. The project is set to be developed under a build-own-operate model, Energy Global reported, adding a 900-MW industrial catalyst to the Egyptian market. On earnings, Cleopatra Hospital posted a 13.9% rise in 2025 consolidated profit, according to ZAWYA, while Juhayna's 2025 profit fell 20% to EGP 1.9 billion, according to Billionaires.Africa, amid inflation pressures flagged by ad-hoc-news.de. Elsewedy Electric is facing a potential takeover, according to AD HOC NEWS, extending Egypt's industrial consolidation theme.
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البورصة المصرية: سهم SAIB يقفز 19.8% رغم تراجع مؤشر EGX 30 بنسبة 0.31%
شهدت البورصة المصرية تبايناً لافتاً في جلسة اليوم، حيث قفز سهم SAIB بنسبة 19.8% ليصل إلى 3.03 جنيه، بينما انخفض المؤشر الرئيسي EGX 30 بنسبة 0.31% ليغلق عند 55,106.5 نقطة، وسط تحسن في سعر صرف الجنيه المصري أمام الدولار.
Telecom Egypt joins FTSE EM index as EGX 30 rises 0.20%
The EGX 30 closed up 0.2034% at 55,277.0 on August 25, after a 0.34% decline flagged in market coverage a day earlier. Telecom Egypt drew focus after its CEO was set to step down on August 24, reports Telecompaper. At the same time, Telecom Egypt was upgraded to the FTSE Russell Emerging Mid Cap index and advanced to the FTSE Emerging Markets Index after its market capitalization reached $3.9 billion, according to the State Information Service and Kalkine Media. Corporate flow stayed active with at least 10 regulatory filings on August 25, including treasury-share purchases by Madinet Masr and Pioneers Properties For Urban Development - PRE Group.
Release from Madinet Masr For Housing and Development (MASR.CA) Regarding the Purchase of Treasury Stocks