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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