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

Today: Taaleem’s Q1 profit drops slightly, while Edita secures full African ownership of Hostess brands, South Valley Cement moves to double its capital, and the EGX prepares to debut derivatives trading by March.

🔔 EGX30 ended +1.38% by market close at  43,952 points, the EGX70 rose 1.95% to 12,433 points, and the EGX100 increased 2.03%  to reach 16,768 points

💸 The number of transactions reached 91,476 spread across 962,815,132 stocks leading to a turnover of EGP 2.8 billion.

🏷️ Regional investors were the only net sellers.

📈Top gainers across the broader market Arab Co. for Asset Management And Development (+11.56%), South Cairo & Giza Mills & Bakeries (+7.31%), Cairo Oils & Soap (+7.19%).

📉 Top losers: Gogreen for Agricultural Investment (-3.46%), TransOceans Tours (-3.13%), Subscription Rights Of Copper For Commercial Investment (-2.73%.)

⬆️ Top gainers for EGX30 included Egypt Aluminum (+6.6%), Credit Agricole (+6.2%), and Raya Holding (+6.2%).

⬇️ Top losers included: Telecom Egypt (-0.4%) and Orascom Development (-0.4%).

Other Important Stats: 

🧈 24K Gold reached EGP 7,146 per gram, up 1.38% day-on-day and up 7.93% month-on-month.

💲 The USD reached EGP 47.33 at the National Bank of Egypt.

📚 Taaleem Management Services (TALM) reported a stable Q1 net profit of EGP 297 million, a marginal 0.6% dip year-on-year, despite a substantial 47% surge in revenue driven by record student enrollment. (Read more in our Deeper Look section).

🥐 Edita Food Industries (EFID) has fully secured the HHT brand portfolio (HoHos, Twinkies, and Tiger Tail) across the entire African continent after acquiring ownership rights for 45 additional countries from Hostess Brands. This strategic move eliminates royalty payments to boost profit margins and serves as a natural currency hedge to support the company’s ambitious EGP 26 billion sales target for the year, Investor Relations and Investment Manager Omar El Abhar told EnterpriseAM.I

💸South Valley Cement (SVCE) is doubling its issued capital to EGP 4.8 billion through a rights issue to bolster its financial position for future growth. Following a 133% rise in stock value over the past year, the company is now appointing BDO to conduct a fair value study ahead of a final shareholder vote on the expansion

🔔 The EGX is set to launch derivatives trading by March after receiving an official futures exchange license from the Financial Regulatory Authority. The rollout will begin with EGX30 index futures, with seven brokerages already lining up to participate as technical integration is expected to be finalized within the coming weeks.

🧈 Egypt is moving ahead with plans to establish a nationally accredited gold refinery under a public–private partnership, aiming to shift the country from exporting raw gold to refining it locally to international standards. The project is designed to formalize the market, reduce illegal trading, and support the central bank’s efforts to strengthen official gold reserves.

🛢️ Egypt is preparing to launch its first-ever international oil exploration tender in West Assiut in the second quarter of this year, after seismic surveys in the area are completed, a government official told Asharq Business. The bid will be offered under a profit-sharing framework designed for frontier areas, as part of broader efforts to attract foreign investment, expand production, and place southern Egypt on the country’s oil and gas investment map. The move comes as the government seeks to narrow the gap between Egypt’s 4.2 billion cubic feet daily production of gas and 6.2 billion cubic feet demand.

Taaleem Management Services (TALM) reported a net profit of EGP 297 million for the Q1 2025/2026 period ending 30 November 2025, representing a marginal 0.6% year-on-year decline.. The company’s revenue increased by 47% YoY to EGP 869 million, driven by a 28% YoY increase in the total student body and a higher intake for the current academic year.

Academic Year 2025/2026 Updates:

The company’s total student enrollment of 15,681 was supported by a 31% YoY increase in new student intake, which reached 5,359 students. Taaleem now operates three universities—Nahda University in Beni Suef (NUB), Badya University, and the recently launched Memphis University—with a total of 22 licensed faculties and a combined licensed capacity of 32,550 students.

The launch of Memphis University in East Cairo has expanded Taaleem’s footprint to cover East Cairo, West Cairo, and Upper Egypt. Additionally, NUB received approvals to establish Faculties of Nursing and Medical Science, continuing its expansion in the medical education sector.

Expansion Plans:

Taaleem invested EGP 385 million in CAPEX during the quarter, with 97% of these funds allocated to growth projects. Key focus areas include the ongoing development of the NUB University Hospital and the continued expansion of capacity at Badya and Memphis universities. Management noted that the company’s cash flow from operations grew by 33% YoY to EGP 416 million, which supports its ongoing investment in academic and infrastructure growth.

Remember:

Palm Hills acquired a 32.6% stake in Taaleem at the end of 2024, making it the largest shareholder in the company.

Taaleem’s share value is up almost 45% over the past year.

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

Your daily market lens, signing off.