Today: Telecom Egypt's 2025 net profit surges 123%, Arabian Cement and Cairo Poultry post strong earnings growth despite a drop at United Bank, and Canal Shipping partners to launch a new East African cargo venture.

🔔 EGX30 ended +0.41% by market close at 49,212 points, the EGX70 rose 0.62% to 12,296 points, and the EGX100 also increased 0.65%  to reach 17,343 points

💸 The number of transactions reached 127,379 spread across 1,211,577,341 stocks leading to a turnover of EGP 6.3 billion.

🏷️ Regional investors were the only net buyers.

📈 Top gainers across the broader market AJWA for Food Industries company Egypt (+16.1%), Arab Aluminum (+8.9%), and Copper For Commercial Investment & Real Estate Development (+8.2%).

📉 Top losers: Eastern Company (-4.2%), October Pharma (-3.8%), United Housing & Development (-3.5%.)

⬆️ Top gainers for EGX30 included Orascom Construction (+5.3%), Egypt Aluminum (+4.2%), and Raya Holding (+3.6%).

Top losers for EGX30 included Eastern Company (-4.2%), Qalaa Holdings (-2.2%), and Emaar Misr (-1.4%).

Other Important Stats: 

🧈 24K Gold reached EGP 8,009 per gram, up 0.04% day-on-day and up 2.52% month-on-month.

💲 The USD reached EGP 47.87 at the National Bank of Egypt.

📡 Telecom Egypt (ETEL) reported a 123% year-over-year surge in its FY 2025 net profit, reaching EGP 22.6 billion, driven by strong operational performance and a significant boost from Vodafone Egypt investment income, according to its latest financial results. (Read more in our Deeper Look section.)

🌾 Abu Qir Fertilizers (ABUK) reported a 13% year-on-year rise in net profit for the second half of 2025, reaching EGP 5.67 billion, according to its latest financial results. Revenues climbed to EGP 13.13 billion from EGP 10.24 billion. It’s worth noting that its share value rose 2% by the end of trading on Thursday following news of its financial results. It is up 37% since the start of 2026, bringing its gains over the past 12 months to 21%.

🏭 Arabian Cement Company (ARCC) reported a 210% year-on-year surge in 2025 net profit to EGP 3.59 billion, supported by revenues rising to EGP 12.44 billion from EGP 8.72 billion,  according to its latest financial results. The board proposed distributing approximately EGP 1.102 billion in cash dividends, equivalent to 2.94 per share, following what it described as an exceptional year. The company’s share price rose 2.5% by the end of trading on Thursday following news of its financial results. It is down 0.3% since the beginning of 2026, bringing its gains over the past 12 months to 120%.

🏦 United Bank (UBEE) posted a 14% drop in consolidated net profit in 2025 to EGP 2.43 billion, down from EGP 2.83 billion the previous year, despite higher interest income of EGP 14.05 billion from EGP 13 billion the year before, according to its latest financial results. The bank proposed cash dividends totaling EGP 825 million for 2025, equivalent to about 0.75 per share.The company’s share value is down 6.6% since the start of the year, and is down 3% in the past 12 months.

🐔 Cairo Poultry (POUL) posted a 19.4% increase in 2025 net profit to EGP 2.89 billion as revenues climbed to EGP 15.82 billion, according to its latest financial results. The results reflect steady sales growth compared with the previous year. The company recorded revenues of EGP 15.82 billion last year, compared with EGP 14.77 billion in 2024.The company’s share value is 17.7% since the start of the year, bringing its gains over the past 12 months to 77.7%

In non-earnings news:

☕ B Investments (BINV) plans to acquire a controlling stake exceeding 50% in Brown Nose Coffee through its newly established retail arm, according to a person familiar with the matter who spoke to Asharq. The first phase involves buying about 25% for EGP 350 million, with gradual increases to secure majority control, as part of a broader EGP 2–3 billion expansion strategy targeting food, education, and healthcare.

🚢 Canal Shipping Agencies Company (CSAG) and Trust Trading & Transport signed a cooperation protocol to establish a joint venture operating specialized cargo vessels between Egyptian ports and East Africa, according to a statement. The venture will transport livestock and Egyptian exports while providing logistics, customs clearance, and port coordination services, with Safaga Port serving as the initial hub.

💰 The International Monetary Fund (IMF) has completed Egypt’s fifth and sixth reviews under our USD 8 billion loan program, along with the first review under the Resilience and Sustainability Facility, unlocking about USD 2.27 billion in immediate funding and bringing total disbursements to USD 5.207 billion. The loan program, originally set to end in October 2026, has been extended to December 15, 2026 to ensure continued reform progress. The IMF praised Egypt’s improving macroeconomic performance, highlighting 4.4% GDP growth, inflation falling to 11.9%, a narrower current account deficit, and rising foreign reserves, while also noting progress on renewable energy targets and climate risk reporting

📝 The Egyptian government is considering moving several major state-owned companies, including Egypt Aluminum (EGAL), Mopco (MFPC), Abu Qir Fertilizers (ABUK),  Zahraa Maadi (ZMID), and Heliopolis Housing (HELI), under the Sovereign Fund of Egypt to boost returns, a government source told EnterpriseAM. The plan aims to attract higher-value partnerships and centralize revenues, potentially securing EGP 20 billion annually to help reduce public debt and interest payments

Telecom Egypt reported a net profit of EGP 22.6 billion for 2025, up 123% year-over-year, according to its latest earnings release. The increase was driven by strong operations and a 71% surge in Vodafone Egypt investment income, which outweighed the impacts of higher interest, depreciation, and amortization expenses. 

Earnings per share reached EGP 11.93 during FY 2025, compared to EGP 4.79 a year earlier.

The company, which comprises 6% of the EGX 30 index weight, saw its share value rise 3.35% by the end of trading on Thursday following news of its financial results. It is up 41% since the start of 2026, bringing its gains over the past 12 months to 144%.

Revenue climbs 31% on multiple drivers:

Total revenue reached EGP 106.7 billion, marking a 31% increase compared with the previous year. Growth was driven by broad-based momentum across key segments, led by a 46% year-over-year hike in Data revenue, which accounted for 59% of the overall top-line growth. Overall, Retail revenues grew 40% year-over-year, while Wholesale revenues saw a 20% increase.

Q4 2025 snapshot:

For the fourth quarter of 2025, top-line revenue rose to EGP 28.6 billion, up 22% year-over-year. Net profit climbed to EGP 5.6 billion, representing a 3.8x increase compared to the same quarter last year, benefiting from a stronger revenue mix and higher investment income. Retail revenue in the fourth quarter saw a 42% increase, primarily fueled by data demand.

Segment and operational performance highlights:

Going forward:

Management highlighted that the company enters 2026 with supportive fundamentals, bolstered by Egypt's projected economic growth and the 2026-2030 National Spectrum Strategy, which will enable the rollout of next-generation services. The focus for 2026 remains on continued investments in network modernization and sustainability initiatives, management noted.

In other news from the company:

Telecom Egypt's Board of Directors has proposed a dividend payout of EGP 1.5 per share for the fiscal year 2025, to be presented to the Ordinary General Assembly for approval. If approved, this would bring its planned distribution to EGP 2.56 billion.