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PRE Group stock tests EGP 4.29 resistance after rally
03:14 PM PRE Group stock tests EGP 4.29 resistance after rally
The stock of Pioneers Properties for Urban Development (PRE Group) is moving within a symmetrical triangle pattern, where the trend lines converge, reflecting a balance between supply and demand forces. At the start of today's session, the stock …
Lecico Egypt stock rebounds, targets EGP 24.65 resistance
02:42 PM Lecico Egypt stock rebounds, targets EGP 24.65 resistance
Cairo – Mubasher: The stock of Lecico Egypt has maintained a significant support zone between EGP 23.25 and EGP 23.55, which represents a defensive range for buyers. It has begun an upward rebound, supported by a noticeable improvement in trading …
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02:26 PM Valmore Holding appoints new Chairman, Vice Chairman
Cairo - Mubasher: Valmore Holding named Loay Jassem Mohamed Al Kharafi as the board’s Chairman for the next three years. Meanwhile, Adel El-Moataz Adel El-Alfi was appointed as the Vice Chairman, according to a bourse filing. Last December, the …
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01:28 PM Gadwa’s consolidated net profits cross EGP 503m in 2025
Cairo - Mubasher: Gadwa for Industrial Development Company logged consolidated net profits after tax amounting to EGP 503.37 million in 2025, down year-on-year (YoY) from EGP 1.62 billion. The earnings per share (EPS) hit EGP 0.08 in …
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12:33 PM PRE Group’s consolidated net profits exceed EGP 674m in 2025
Cairo - Mubasher: The consolidated net profits after tax of Pioneers Properties for Urban Development (PRE Group) reached EGP 674.30 million in 2025, lower than EGP 1.26 billion in 2024. The earnings per share (EPS) decreased year-on-year (YoY) to …
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11:30 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of investment funds and the price of each certificate in EGP, except for Azimut …
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11:18 AM ElSaeed Contracting posts higher consolidated profits at EGP 93m in 2025
Cairo - Mubasher: The consolidated net profits after tax of ElSaeed Contracting and Real Estate Investment Company edged up to EGP 92.88 million in 2025, compared to EGP 92.12 million in 2024. The earnings per share (EPS) retreated to EGP 0.11 in …
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10:24 AM Egypt’s PMI drops to 48 in March amid sharper downturn in non-oil activity
Cairo - Mubasher: The headline seasonally adjusted S&P Global Egypt Purchasing Managers’ Index (PMI) declined to 48 in March 2026 from 48.9 in February, marking its lowest level in nearly two years, according to the latest PMI data. The reading …
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09:40 AM NBK-Egypt backs MSMEs sector via $50m facility from EBRD
Cairo - Mubasher: National Bank of Kuwait-Egypt (NBK-Egypt) secured $50 million in financing from the European Bank for Reconstruction and Development (EBRD) to boost access to finance for micro, small, and medium-sized enterprises (MSMEs). The …
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09:10 AM Moody's asserts Egypt's ‘Caa1’ ratings, positive outlook
Cairo - Mubasher: Moody's Ratings has affirmed Egypt's ‘Caa1’ long-term foreign and local currency issuer ratings and maintained the positive outlook, according to a press release. “We have concurrently affirmed Egypt's foreign-currency senior …
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08:51 AM CBE offers T-bills worth EGP 100bn on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 100 billion through two tranches on Sunday, 5 April. The two issues were equally valued at EGP 50 billion, according to official data. …
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2 April 11:21 PM Eastern Company records EGP 62.6bn total revenue in H1-25/26 unaudited results; dividends unveiled
Cairo – Mubasher: Eastern Company achieved net profits after tax worth EGP 6.04 billion in the first half (H1) of fiscal year (FY) 2025/2026. The net income generated in the period from 1 July to 31 December 2025 was higher by 12% or EGP 666 …
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2 April 09:59 PM Masdar joins TotalEnergies for JV of $2.2bn enterprise value to boost global operations
Abu Dhabi – Mubasher: Abu Dhabi Future Energy Company (Masdar), in which Abu Dhabi National Energy Company (TAQA) holds a 43% shareholding, has signed a binding agreement with TotalEnergie to establish a 50/50 joint venture (JV). The involved …
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2 April 12:12 PM EGX approves listing EGP 144m capital increase for Giza Contracting
Cairo - Mubasher: The Listing Committee of the Egyptian Exchange (EGX) approved listing the increase of Giza General Contracting Company's issued and paid-up capital by EGP 144.27 million. The company is raising the capital to EGP 432.81 million …
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2 April 11:21 AM EBank to disburse bonus shares for 2025
Cairo - Mubasher: The ordinary general assembly of the Export Development Bank of Egypt (EBank) approved distributing roughly 3.23 bonus shares for every 10 existing shares to the shareholders for 2025. The total free shares to be granted for 2025 …
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2 April 10:48 AM EMPC’s shareholders greenlight raising issued capital to EGP 2.2bn
Cairo - Mubasher: The extraordinary general meeting (EGM) of Egyptian Media Production City Company (EMPC) approved increasing its issued capital to EGP 2.25 billion from EGP 1.89 billion. Following the capital hike, the company’s total number of …
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2 April 10:08 AM Orascom Construction’s standalone net losses widen to nearly $23m in 2025
Cairo - Mubasher: Orascom Construction, listed on both EGX and ADX, registered higher non-consolidated net losses after tax at $22.76 million in 2025, compared to $17.11 million in 2024. The basic loss per share hit $0.21 in the January-December …
Telecom Egypt
1 April 07:45 PM Telecom Egypt announces dividends for 2025
Cairo – Mubasher: The ordinary general meeting (OGM) of Telecom Egypt decided to pay out a cash dividend of EGP 1.50 per share for 2025. The company noted that the shareholders’ distributable share of the net profits stands at EGP 2.56 billion, …
GFH
1 April 05:51 PM Region-focused GFH changes commercial name to GFH Bank
Mubasher: Cross-listed GFH Financial Group has transformed its commercial name to GFH Bank B.S.C., in a strategic move reflecting a fundamental change in its business model while reinforcing the clarity of its identity as an integrated banking and …
TAQA Arabia
1 April 03:48 PM Inclusion in Forbes' Most Valuable Companies in Egypt list follows exceptional financial results – TAQA Arabia
Cairo – Mubasher: TAQA Arabia has been among Egypt’s 50 Most Valuable Companies 2026 list of Forbes Middle East, ranking 41st with a market value of approximately $361 million. The integrated energy services company in Egypt, the Middle East, and …
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1 April 03:22 PM GCC equity market index falls in March, while Middle East turmoil rattles global markets – Report
Mubasher: The GCC equity market index witnessed a relatively smaller decline of 2.6% in March 2026, contrary to the sharp decline in global markets, according to a recent report by Kamco Invest. The performance in the Gulf capital market was led …
Jazeera Airways
1 April 02:17 PM Jazeera Airways adds new routes starting mid-April
Mubasher: Jazeera Airways will restart twice-weekly services from Kuwait to Egypt and Georgia as of 15 April 2026, according to a press release. The new routes to Tbilisi, Sharm El-Sheikh, and Hurghada will be operated through Saudi Arbia at King …
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1 April 11:35 AM NCH El-Watania's equityholders approve EGP 3.5/shr dividends for 2025
Cairo - Mubasher: The shareholders of National Company for Housing for Professional Syndicates (NCH El-Watania) greenlighted cash dividends worth EGP 56 million, representing 35% of its capital, for 2025. NCH El-Watania will distribute a dividend …
The Arab Drug Company (ADCO)
1 April 10:49 AM ADCO’s net profits after tax cross EGP 182.5m in 8M-25/26
Cairo - Mubasher: The Arab Drug Company (ADCO) generated higher net profits after tax at EGP 182.61 million in the first eight months (8M) of fiscal year (FY) 2025/2026. The positive income during the period from 1 July 2025 to 28 February 2026 …
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1 April 10:23 AM Arabian Cement to pay out EGP 2bn dividends for 2025
Cairo - Mubasher: The ordinary general assembly of Arabian Cement Company approved cash dividends totaling EGP 2 billion for 2025. The Egyptian company will disburse a dividend of EGP 5.34 per share, according to a bourse filing based on the …