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EGX 30 falls 0.86% to 46,791 pts as Telecom Egypt dominates headlines
The EGX 30 index closed at 46,791 points, down 0.86% according to market data. Telecom Egypt captured focus by signing a modified shareholders' agreement with Vodafone Group and securing Egypt's first 5G license, according to Africa Business Communities. The company also reported consolidated profits soaring 123.35% year-on-year for 2025, per ZAWYA. Meanwhile, the Financial Regulatory Authority approved licenses for CI Capital, Mubasher Trade and EFG Hermes, reports waya.media.