Today: Egytrans secures a 25-year Sokhna Port concession, CIB evaluates acquiring HSBC Egypt's retail business, Minapharm approves new European funding, and an Egyptian Spinning & Weaving IPO is targeted for April.

🔔 EGX30 ended -2.73% by market close at 49,014 points, the EGX70 dropped 2.87% to 12,220 points, and the EGX100 also decreased 2.63%  to reach 17,231 points

💸 The number of transactions reached 155,065 spread across 1,339,040,137 stocks leading to a turnover of EGP 6.2 billion.

🏷️ International investors were the only net sellers.

📈 Top gainers across the broader market Naeem Real Estate Holding Group (+6.2%), Eastern Company (+4.7%), and Gogreen for Agricultural Investment (+3.4%).

📉 Top losers: AJWA for Food Industries company Egypt (-9.1%), Nozha International Hospital (-8.4%), Egyptian Real Estate Group (-7.4%.)

⬆️ Top gainers for EGX30 included Eastern Company (+4.7%), Oriental Weavers (+1.3%), and Raya Holding (+0.9%).

Top losers for EGX30 included Edita (-5.1%), Misr Cement (-5.0%), and Beltone Holding (-4.5%).

Other Important Stats: 

🧈 24K Gold reached EGP 8,043 per gram, up 1.28% day-on-day and up 4.18% month-on-month.

💲 The USD reached EGP 47.88 at the National Bank of Egypt.

🤝 Egytrans Nosco (ETRS) and Nafith secured a 25-year concession to build a digital truck management system at Ain Sokhna Port. This new system aims to resolve severe port congestion by processing up to 1,100 trucks daily, cutting wait times by over 40%, and significantly reducing transport costs. (Read more in our Deeper Look section.)

⬆️CIB (COMI) has secured the Central Bank of Egypt’s consent to review the retail banking business of HSBC Bank Egypt, according to a company statement. The step permits CIB to assess the portfolio before deciding whether to move forward with a potential acquisition, though the bank emphasized that the process is exploratory and may not result in a transaction. It added that any deal would still be subject to additional regulatory and board approvals, with updates to be shared if material developments arise.

📝 Minapharm Pharmaceuticals (MIPH) shareholders approved securing up to EUR 13.25 million in financing from the European Bank for Reconstruction and Development, according to a disclosure to the EGX. The funding will be used to refinance portions of existing short- and medium-term debt, support capital spending on a new production facility, and help finance a planned vocational training academy.

In IPO news

🔔 The Egyptian Spinning and Weaving Company, a subsidiary of Arab Cotton Ginning (ACGC), is planning to list between 25-40% on the EGX by April, Al Borsa reports. The company is looking to raise as much as EGP 200 mn from the offering. The listing is currently pending final approval from the Financial Regulatory Authority and the EGX.

Egytrans Nosco and Nafith International will operate a 25-year concession to modernize truck operations at Ain Sokhna Port, according to a company statement. The initiative involves over EGP 1 billion in investment and a 167 thousand square meter development in the Suez Canal Economic Zone, introducing real-time planning and digital yard management.

Tackling congestion and rising volumes

Throughput at Sokhna Port is currently running 26% above first-quarter targets, hitting roughly 285 thousand TEUs in 2025. Existing infrastructure is struggling to keep pace, and idle truck fleets and unpredictable turnaround times are driving up costs.

Efficiency gains and cost savings

The digital system is designed to handle 800–1,100 trucks daily, boost operational capacity by 50- 60% in two years, reduce waiting times by more than 40%, and cut trucking costs by 15–30%.Faster processing and better fleet utilization are expected to benefit cargo operators across the port.

Recent stock performance

The company’s share value is down 14% since the beginning of 2026, bringing its gains over the past 12 months  to 42%