EGX 30 rises 0.29% as dividends and IPO plans drive flow
The EGX 30 closed up 0.292% at 52,383.1 on April 29, with corporate news led by dividends and capital-markets activity. Telecom Egypt confirmed a full-year dividend of EGP 1.5 per share payable on April 30, according to TradingView, Investing.com and Arab Finance, while Cleopatra Hospital won shareholder approval for a 2025 cash dividend, ZAWYA reported. On deals, Korra Energi plans to float an 11% stake on the EGX, according to ZAWYA, and EFG Hermes completed advisory work on a second Valu share sale via accelerated bookbuild after also advising on a $190 million investment in Alameda Healthcare, Gulf Business reported. Sector momentum stayed firm with a memorandum for a 500 MW green hydrogen hub in Alexandria involving Abu Qir Fertilizers, AlexFert and Orascom Construction, according to SolarQuarter, while Talaat Moustafa Group launched a $27 billion Cairo project, HarianBasis.co reported.
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البورصة المصرية: صعود MCQE و MTIE بنسبة 6.5% مع تصدر الأسهم المتوسطة للمشهد
شهدت البورصة المصرية في جلسة 12 أغسطس 2026 تفوقاً للأسهم المتوسطة على الأسهم القيادية، حيث قفزت أسهم MCQE و MTIE بنسبة 6.5%، بينما اكتفى مؤشر EGX 30 بارتفاع طفيف بلغ 0.38% وسط تباين في أداء القطاعات.
EGX 30 ends flat as tax relief and mixed earnings shape sentiment
The EGX 30 closed at 54,829.3, down 0.0851% on Aug. 11, as tax relief headlines and mixed corporate updates framed trading. Egypt will exempt EGX capital gains from income tax, according to CairoScene on Aug. 6. On the corporate side, Abu Qir Fertilizers posted a 119% profit surge on revenue and export gains, according to Egypt Oil & Gas on July 30, while Cleopatra Hospital expects 31% year-on-year revenue growth in the second quarter of 2026, according to TradingView on July 27. In financial services, EFG Hermes plans a $150 million investment in Saudi private education, according to jawlah.co on July 21, while Bank NXT and EFG Hermes launched Egypt’s first co-branded bank-brokerage Visa credit card, FF News reported on July 28.
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