Correction from Misr Chemical Industries (MICH.CA)

EGX 30 falls 1.59% as TMGH draws EGP 1.18 bln

The EGX 30 closed down 1.5883% at 51,936.8 points on May 20, while TMGH drew EGP 1.18 billion despite the broader decline, according to Bourse du Caire. BankDhofar signed a strategic agreement on May 19 with Talaat Moustafa Group to support business growth, ZAWYA reported. Trojan Construction Holding and Orascom Construction formed a joint company, Everwater, on May 18, according to TradingView. Elsewedy Electric will distribute a $0.03-per-share cash dividend for 2025, ZAWYA said, while SWDY.CA published EGM resolutions on May 20.

Cairo Stock Exchange — TMGH Draws EGP 1.18bn as EGX 30 Falls 1.59%

Talaat Moustafa Group Holding led trading on May 20, 2026 with EGP 1.18bn in turnover even as the EGX 30 dropped 1.59% in an overwhelmingly negative session. Lower oil prices and a still-weak EGP weighed on sentiment, but did not erase demand for liquid real-estate heavyweights.

Development & Engineering Consultants (DAPH.CA) - Board of Directors' Meeting Minutes