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

Today: Egypt Gas reported a 7.5% profit rise, Nozha Hospital earnings surged 48% on strong revenues, and Iron & Steel for Mines saw profits drop nearly 47%; meanwhile, TMG signed an EGP 8 billion education deal, and CIB plans a USD 300 million digital bank.

🔔EGX30 ended +0.60% by market close at a new record of 50,035 points, the EGX70 rose 0.82% to 12,874 points, and the EGX100 increased 1.01%  to reach 17,840 points

💸 The number of transactions reached 163,250 spread across 1,623,543,521 stocks leading to a turnover of EGP 8.1 billion.

🏷️ Local investors were the only net buyers.

📈Top gainers across the broader market Sodic (+9.03%), Pioneers Properties For Urban Development (+7.76%), Egypt for Poultry (+7.21%)

📉 Top losers: The Egyptian Modern Education Systems (-6.82%), Gharbia Islamic Housing Development (-3.35%), Juhayna (-3.3%.)

⬆️ Top gainers for EGX30 included Misr Cement (+5.2%), GB Corp (+4.9%), and Eastern Company (+2.7%).

⬇️Top losers included: Juhayna (-3.3%), EFG Holding (-2.6%), and Edita (-1.9%).n

Other Important Stats: 

🧈 24K Gold reached EGP 7,774 per gram, up 1.95% day-on-day and up 13.21% month-on-month.

💲 The USD reached EGP 46.86 at the National Bank of Egypt.

💸Natural Gas and Mining Project-Egypt Gas (EGAS) reported a 7.45% year-on-year increase in net profits, reaching EGP 312.63 million in 2025. The company’s financial growth was further supported by a rise in annual revenues, which climbed to EGP 8.98 billion from EGP 7.5 billion in 2024. The firm’s share value remained flat over the past year.

🏥Nozha International Hospital (NINH) achieved a 48% surge in annual profits, recording EGP 174.2 million for 2025. This strong financial performance was driven by a solid increase in total revenues, which rose to EGP 525.48 million from EGP 432.41million a year earlier. It’s worth noting that the company’s share value rose 23% over the past year.

⬇️Iron And Steel for Mines and Quarries (ISMQ) saw its net profit drop by nearly 47% to EGP 82.45 million during the first half of the current fiscal year ending December 2025. This significant decline coincides with a decrease in revenues, which fell to EGP 285.19 million compared to EGP 312.48 million during the same period last year. The company’s share price is up over 10% in the last year.

In non-earnings news:

📚 Talaat Moustafa Group (TMGH) has signed a strategic partnership with the Egypt Education Platform to establish a private university and two schools in "Noor" city, with an estimated investment of EGP 8 billion. TMGH will contribute the land and construction investment while maintaining a revenue share, with the university's first phase expected to launch by 2029. Meanwhile, the group is on track to begin delivering residential units in Noor city by 2026.

💰CIB (COMI) is planning to invest approximately USD 300 million over the next three years to launch a standalone digital bank, targeting 10 million customers including SMEs and Egyptian expats. The bank has applied for a license from the Central Bank of Egypt and aims to establish a holding company in Abu Dhabi to own the new entity, with operations expected to start by late 2025 or early 2026. 

📝A senior government official confirmed to EnterpriseAM that the sale of the Gabal El Zeit wind farm to UAE-based Alcazar Energy is days away from being announced, with a valuation exceeding USD 420 million—significantly higher than previous offers. This deal is crucial as it signals the Sovereign Fund’s refusal to undervalue state assets to meet divestment targets, while also introducing a payment model where electricity is priced in USD but settled in EGP to mitigate currency risks for both the investor and the state.

💵Egypt's net foreign reserves climbed to USD 52.6 billion by the end of January, marking a USD 1.1 billion increase from the previous month. Central Bank data indicates that this growth was primarily fueled by a USD 2.6 billion surge in the valuation of gold reserves, which effectively counterbalanced a USD 1.5 billion decline in foreign currency holdings.

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

Your daily market lens, signing off.