🔔 Good morning, and welcome to Telda Lens — your daily pulse on Egypt’s markets.

Today: Raya Holding has appointed a financial advisor ahead of a potential exit from Raya Foods, as El Obour Real Estate expands into the UAE, South Cairo Mills liquidates EGP 52 million in assets, and Premium Healthcare resumes trading after an executive restructuring.

🔔 EGX30 ended +1.19% by market close at a record high of 43,404 points, the EGX70 fell 0.74% to 12,882 points, and the EGX100 fell 0.74%  to reach 17,255 points

💸 The number of transactions reached 137,730 spread across 1,712,141,967 stocks leading to a turnover of EGP 7.2 billion.

🏷️ Local investors were the only net sellers.

📈Top gainers across the broader market Alexandria Spinning & Weaving (+17.28%), CIB (+6.1%), and Extracted Oils (+5.2%).

📉 Top losers: Catalyst Partners Middle East (-16.67%), Gogreen for Agricultural Investment (-6.75%), Egyptian Media Production City (-5.90%.)

⬆️ Top gainers for EGX30 included CIB (+6.1%), GB Corp (+4.0%), and Mopco (+2.5%).

⬇️ Top losers included:Egypt Aluminum (-3.7%), EFG Holding (-2.7%), and Telecom Egypt (-2.6%).

Other Important Stats: 

🧈 24K Gold reached EGP 6,973  per gram, up 0.02% day-on-day and up 5.79% month-on-month.

💲 The USD reached EGP 47.12 at the National Bank of Egypt.

🔔 Raya Holding (RAYA) has given preliminary approval to Helios Investment Partners’ offer to acquire 100% of its subsidiary Raya Foods, appointing Financial Advice Corporate Transactions as an independent financial advisor to determine a fair value, with the deal to be presented to the extraordinary general assembly after final negotiations. In other news, Raya announced it is establishing Aman Sukuk with a capital of EGP 10 million through its non-banking arm Aman Holding, aiming to strengthen its presence in the sukuk market and expand its Sharia-compliant and non-banking financing activities.

🏗️ Building on its strategic expansion across the Gulf, El Obour Real Estate Investment (OBRI) is now establishing a new limited liability subsidiary in the UAE, marking another move after securing a contracting license in Dubai (April 2025) and opening an Abu Dhabi branch (July 2025). This move follows the company’s successful entry into the Saudi market in June 2024, where it secured a 17.6 million SAR contract for the Madinah Emergency Hospital and served as a consultant for the Marina Dareen project in Jubail.

💸South Cairo and Giza Flour Mills (SCFM) announced the sale of the Bahbah Mill for EGP 17.09 million, as part of a wider liquidation of unutilized assets totaling over EGP 52 million. This follows the company’s shift to a net profit of EGP 20.6 million during the first five months of the current fiscal year, compared to losses during the same period last year.

✅️ Trading on Premium Healthcare Group (PHGC) shares resumed yesterday following a comprehensive executive restructuring and the appointment of Dr. Bishoy Safwat as the new Vice Chairman and Managing Director. The reshuffle, which shifted former leaders to non-executive roles, aims to ensure management stability and operational continuity after the previous leadership was unable to carry out their duties.

🛢️Italy's Eni plans to drill two wells in the Denis field, adding 200 million cubic feet per day, alongside a ~USD 2 billion investment in processing infrastructure, a government official told Asharq. Netherlands/UK's Shell, UK’s BP, and USA's Apache are also boosting output—Shell +100 million cubic feet/day, BP +100 million cubic feet/day, and Apache +40 million cubic feet/day with USD 150 million in investments—according to officials speaking to Asharq. These moves aim to narrow the gap between Egypt’s 4.2 billion cubic feet daily production and 6.2 billion cubic feet demand, while LNG imports continue to fill the shortfall.

📝 Egypt now expects economic growth to reach 7.5% by 2030, up from a previous 7% target, according to the government’s revised development framework. The plan hinges on a major shift toward the private sector, which is expected to contribute 72% of total investment—requiring private investment to nearly triple in real terms. The strategy also sets higher ambitions for foreign inflows, targeting USD 24.6 billion in annual FDI and USD 145 billion in exports, with a focus on Africa and BRICS-linked financing.

Stay curious, stay invested — we’ll see you tomorrow.

Your daily market lens, signing off.