
🔔 Good morning, and welcome to Telda Lens — your daily pulse on Egypt’s markets.
Today: Fawry leads a wave of strong 2025 earnings alongside solid profit growth for Orascom Development, Misr Cement Qena, and Act Financial, despite a slight dip for Raya Contact Center.
Market overview
EGX Pulse

🔔 EGX30 ended +2.3% by market close at 47,516 points, the EGX70 rose 1.3% to 12,245 points, and the EGX100 also rose 1.2% to reach 17,259 points
💸 The number of transactions reached 144,935 spread across 1,730,575,60 stocks leading to a turnover of EGP 6.8 billion.
🏷️ Local investors were the only net buyers.
📈 Top gainers across the broader market United Housing & Development (+11.9%), Mena Touristic & Real Estate Investment (+8.6%), and El Obour Real Estate Investment (+7.5%).
📉 Top losers: Cairo Poultry (-4.3%), Rakta Paper Manufacturing (-4.3%), Remco for Touristic Villages Construction (-4.1%.)
⬆️ Top gainers for EGX30 included Palm Hills Developments (+6.6%), Qalaa Holdings (+5.9%), and Edita (+5.5%).
⬇️ Top losers for EGX30 included Kima (-3.4%), Raya Holding (-1.7%), and Heliopolis Housing (-1.6%).
Other Important Stats:
🧈 24K Gold reached EGP 8,152 per gram, up 0.16% day-on-day and up 10.14% month-on-month.
💲 The USD reached EGP 50.09 at the National Bank of Egypt.
Daily Roundup
Corporate Corner

💰 Fawry (FWRY) achieved solid financial results in 2025, reporting a net profit of EGP 2.89 billion—an 80% year-over-year increase—on the back of a surge in total revenues to EGP 8.65 billion. (Read more in our Deeper Look section.)
🏗️ Orascom Development Egypt (ORHD) reported a 56% year-on-year increase in net profit, reaching EGP 5.37 billion in 2025, while revenues climbed to EGP 24.94 billion. (Read more in our Deeper Look section.)
🏭 Misr Cement (MCQE) posted a massive 840% surge in net profit, reaching EGP 2.55 billion in 2025, supported by sales of EGP 9.54 billion, which grew from EGP 5.84 billion a year before, according to its latest financial results. The board proposed a cash dividend of EGP 10 per share, increasing the previously suggested EGP 8 payout, pending shareholder approval. The company’s share price is up a whopping 670% over the past 12 months.
📊 Investment management company Act Financial (ACTF) recorded a 39.6% year-on-year rise in net profit, reaching EGP 496.19 million in 2025, according to its latest financial results. Revenues also jumped to EGP 1.1 billion, up from EGP 718.92 million a year earlier.The company’s share value is down 20% over the past 12 months.
📞 Raya Contact Center (RACC) reported a 4.7% year-on-year decline in net profit, recording EGP 323.91 million in 2025, according to its latest financial results. Despite the profit dip, revenues rose to EGP 2.83 billion, up from EGP 2.52 billion a year earlier. The company’s share price is up 26% over the past 12 months.
Macro view
Egypt in focus

📉 Foreign and Arab investors sold a net USD 2.2 billion of Egyptian treasury bills this week, amid escalating geopolitical risks from the U.S.-Israel-Iran conflict. This matters because the sell-off is putting pressure on Egypt’s currency, erasing eight months of gains and threatening the stability of foreign inflows, which could impact import costs, the Suez Canal, tourism, and remittances.
💰 The government has started the first round of meetings to determine Banque du Caire’s fair value ahead of a planned 30-40% IPO, a senior official told EnterpriseAM, signaling that the state remains committed to its privatization program despite regional tensions. Expressions of interest for minority stakes have already been received from institutions including the International Finance Corporation and the European Bank for Reconstruction and Development.
Deeper Look
Fawry’s net profit rises almost 80% in 2025 to EGP 2.9 billion

Fintech company Fawry (FWRY) reported a net profit off EGP 2.89 billion for 2025, up 79.8% year-on-year and setting a new record with the highest margins in the company's history, according to its latest financial results.
Revenue climbed 57% in 2025:
Total consolidated revenue reached EGP 8.65 billion, marking a 57% increase compared with the same period last year. Growth was led primarily by robust expansions in its Financial Services and Banking Services segments.
Segment performance highlights:
Banking Services: brought in EGP 3.51 billion in revenues (+52% YoY), fueled by expansions in both the Agent Banking and Acceptance segments.
Financial Services: EGP 2.38 billion (+135% YoY), driven by strategic expansion efforts, particularly in insurance brokerage, consumer finance, and the successful rollout of its prepaid card offering.
Alternative Digital Payments): EGP 2.01 billion (+17.6% YoY), reflecting solid growth as the business evolves towards an ecosystem model that integrates a diverse range of value-added services.
Supply Chain Solutions: EGP 496.1 million (+42.9% YoY), growing as the company digitizes B2B transactions and payment flows between merchants, sales agents, and suppliers.
Technology & Others: EGP 250.4 million (+93.1% YoY), reflecting strong momentum in Fawry's supplementary segments.
Details for the fourth quarter:
For the fourth quarter of 2025, total consolidated revenue rose to EGP 2.59 billion, up 55.6% year-on-year from EGP 1.67 billion in 4Q 2024. Net profit reached EGP 853.6 million, up 70.7% versus the same quarter last year.
Stock performance:
The company, which holds 6.22 of the EGX 30 index weight, saw its share value rise 2.9% on news of its results on Thursday. This brings its gains since the start of the year to 12.9%, and its gains over the past 12 months to 120%.
Deeper Look
Orascom Development’s profit rises 56% in 2025

Orascom Development Egypt (ORHD) reported a 56% year-on-year increase in net profit, reaching EGP 5.37 billion in 2025, according to its latest financial results.
Its revenues climbed to EGP 24.94 billion from EGP 21.79 billion a year earlier
Capital increase
On Thursday, the company’s board proposed increasing the company’s issued capital through the distribution of roughly 2.52 billion bonus shares funded from retained earnings, which would raise the total number of shares to about 3.65 billion.
This comes after the company announced a big project recently:
In December, the company announced that its subsidiary, Makadi Heights for Tourism Development, signed an agreement with the government to develop a land plot of over one million sqm next to its Makadi Heights project on the Red Sea.
The development will include residential units, serviced apartments, commercial spaces, and a hotel. This addition expanded Makadi Heights’ total area to about 4.75 million sqm.
Stock performance:
It’s worth noting that the company’s share value rose 4.3% following the news of its results, bringing its gains over the past 12 months to 6%.

