EGX 30 slips 0.68% as Orascom Construction launches Everwater
The EGX 30 closed at 52,007.0 points, down 0.68% on May 18. Orascom Construction formed a joint company with Trojan Construction Holding called Everwater, TradingView reported. Elsewedy Electric will distribute a $0.03-per-share cash dividend for 2025, according to ZAWYA. The session also featured at least 10 regulatory and financial filings, including a release from Orascom Construction PLC and consolidated results from Ibnsina Pharma.
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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