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

Today: We have the latest financial results from B Investments, Gourmet, and Egyptian Gulf Marseilia For Real Estate Investment + news of the launch of a new project by Orascom Development & more.

Market overview

EGX Pulse

🔔 EGX30 ended +3.1% by market close at 46,731 points, the EGX70 also rose 1.3% to 12,703 points, and the EGX100 similarly increased 1.5% to reach 17,688 points.

💸 The number of transactions reached 135,150 spread across 1,878,566,054 stocks leading to a turnover of EGP 6.348 billion.

🏷️ Regional investors were the only net sellers.

📈 Top gainers for the market as a whole included Naeem Real Estate Holding Group (+10.9%), Arab Developers Holding (+9.9%), and Arab Co. for Asset Management And Development (+9.6%).

📉 Top losers for the market included Suez Canal Company For Technology Settling (-7.2%), Housing & Development Bank (-6.6%), and Gmc Group For Industrial Commercial & Financial Investments (-4.6%).

⬆️ Top gainers for EGX30 included Telecom Egypt (+7.5%), TMG Holding (+6.0%), and Ibnsina Pharma (+4.7%).

⬇️ Top losers included Qalaa Holdings (-2.0%), Egypt Aluminum (-0.8%), and Edita (-0.8%).

Other Important Stats

🧈 24K Gold reached EGP 8,270 per gram, down 1.5% day-on-day and down 1.3% month-on-month.

💲 The USD reached EGP 53.57 at the National Bank of Egypt.

Daily roundup

Corporate Corner

⬇️ B Investments Holding (BINV) posted a sharp 60% drop in net profit for 2025, coming in at EGP 654.12 million, according to its latest financial results. The company’s share value rose 2.3% by market close yesterday following the news of its results. This brings its gains over the past 12 months to 65.3%. (Read more in our Deeper Look section.)

⬆️ Gourmet Egypt (GOUR) — in which B Investments owns a 40% stake — reported a 56.4% YoY increase in consolidated net profit to EGP 211.2 million in FY 2025, while revenues climbed to EGP 2.88 billion, up from EGP 2.12 billion a year earlier, according to its latest financial statement. Following the results, the company’s board proposed a cash dividend of EGP 0.2169 per share, pending shareholder approval. It’s worth noting that the company’s share value is up almost 14% since it was listed on the EGX in February 2026.

💰 Egyptian Gulf Marseilia For Real Estate Investment (MAAL) delivered a standout year, with net profit soaring 558.8% YoY to EGP 105.15 million in 2025, according to its latest financial results. Top-line growth was just as strong, with revenues jumping to EGP 1.11 billion, compared to EGP 245.7 million in 2024. The company’s share price grew 3.1% by market close yesterday following the news of its results. This brings its gains over the past 12 months to 45.7%.

In non-earnings news: 

🏖️ Orascom Development Holding (ORHD) has launched the 97-unit “Nuba” residential project in El Gouna, targeting EGP 3 billion in sales and completion within two years, Hapi reported. The company also teamed up with Accor to rebrand its 420-room beachfront hotel from Mövenpick to Sofitel, with phased renovations starting 2027. ORHD plans to award EGP 5 billion in local construction contracts, launch new projects, and aim for 76–78% hotel occupancy by year-end. The company’s share value has grown just 2% in the past 12 months.

🔔 Ten state-owned companies are set to temporarily list on the EGX over the next two weeks, with another ten expected by the end of April, according to a cabinet statement. The listings are part of a broader plan to raise USD 3–4 billion in immediate inflows this year, contributing to a total USD 6 billion target for the next fiscal year.

Dates to keep an eye out for

April 6th:

Commercial International Bank - record date for EGP 6 per share. The distribution date is April 9.

Housing and Development Bank - record date for EGP 8 per share. The distribution date is April 9.

April 7th:

Arab Moltaqa Investments - record date for EGP 0.10 per share. The distribution date is April 14.

April 9th:

Arabian Cement - record date for EGP 5.34 per share. The distribution date is April 16.

Al Baraka Bank - record date for EGP 1.1 per share. The distribution date is April 16.

Egyptians for Housing and Development - record date for EGP 0.10 per share. The distribution date is April 16.

Deeper look

B Investments Holding reports 60% drop in 2025 net profit

B Investments Holding reported a 60% decline in net profit for 2025, totaling EGP 654.12 million, down from EGP 1.65 billion in 2024. Annual revenue edged up to EGP 988.17 million from EGP 970.24 million the previous year.

The significant hit to profitability was largely due to currency fluctuations, with the company swinging from an EGP 1.16 billion forex gain in 2024 to an EGP 181.2 million loss in 2025, the company noted.

Refresher on the company:

B Investments, founded in 2006, is one of Egypt’s leading private equity and growth capital firms. It acquires stakes in high-growth Egyptian companies, scales them, and either exits or manages them for long-term returns. Key holdings include:

  • OB Financial Holding (previously Orascom Financial Holding): ~68.9% stake

  • Gourmet Egypt (Food Retail): ~40% stake

  • Madinet Masr (Real Estate): ~7% stake

  • Contact Financial Holding: (NBFS): ~20.1% economic interest

  • El Ezaby Pharmacies (Pharmaceuticals): 49% ownership, according to a recent report from Asharq
    B Healthcare Investments (Healthcare): ~70% majority stake, including 51% of the Egyptian IVF Center and 51% of Riyadh Fertility Centers
    Basata International Holding (E-Payments): ~17% economic interest
    Basata Microfinance (Microfinance): 20% economic interest 

  • Tamweel Group (NBFS): ~10% economic interest via Basata Financial Holding (which owns 47% of Tamweel)

  • Infinity Solar (Renewable Energy): ~12% economic interest in three solar plants in Benban 

Expansion and investment plans:

In an interview with Al Arabiya Business, Hazem Barakat said B Investments is actively evaluating exit options for its portfolio, including potential EGX listings to capitalize on improving market conditions. He added that El Ezaby Pharmacies is eyeing a possible IPO in 2027, although plans remain at an early stage. The group is also targeting deals in the EGP 2–3 billion range in 2026.

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