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

Today: Madinet Masr hits record EGP 52.1 bn sales in 2025, Egypt Aluminium weighs a USD 1.2bn expansion, Act Financial plans a digital bank via Wilzy, and Misr Hotels plans to double its capital.

🔔 EGX30 ended +2.49% by market close at 45,048 points, the EGX70 rose 1.40% to 12,607 points, and the EGX100 increased 1.52%  to reach 17,023points

💸 The number of transactions reached 126,168 spread across 1,480,245,830 stocks leading to a turnover of EGP 5.9 billion.

🏷️ Regional investors were the only net sellers.

📈Top gainers across the broader market Prime Holding (+8.88%), Telecom Egypt (+8.73%), TMG Holding (+7.64%)

📉 Top losers: Subscription Rights Of Copper For Commercial Investment (-14.02%), El Obour Real Estate Investment (-2.34%), Gmc Group For Industrial Commercial & Financial Investments (-2.26%.)

⬆️ Top gainers for EGX30 included Telecom Egypt (+8.73%), TMG Holding (+7.64%), and Madinet Masr (+4.9%).

⬇️ Top losers included: Credit Agricole (-1.7%), Ibnsina Pharma (-0.9%), and E-finance (-0.8%).

Other Important Stats: 

🧈 24K Gold reached EGP 7,150 per gram, up 1.44% day-on-day and up 8% month-on-month.

💲 The USD reached EGP 47.36 at the National Bank of Egypt.

🏘️Madinet Masr (MASR) shattered its previous records in 2025, achieving historic annual sales of EGP 52.1 billion driven by major new launches like Talala and Elm Tree Park. This performance was accompanied by a massive 201% surge in unit deliveries and a strategic push toward regional expansion into the Saudi Arabian market. (Read more in our Deeper Look section.)

💸A proposed production expansion at state-owned Egypt Aluminum (EGAL), valued between USD 800 million and USD 1.2 billion, is currently under study by authorities to increase capacity by 300,000 tons. The company also confirmed that EGP 1.4 billion has been allocated in the 2025/2026 budget for the first phase of an aluminum foil project, with technical bids from international firms currently under review.

📝Act Financial (ACTF) Managing Director Mostafa Abdel Aziz told Asharq that the company plans to launch an online investment bank via its Wilzy platform, covering investment and savings services. The expansion is backed by a potential capital increase and EGP 1 billion in loans, with the company currently seeking a minority strategic investor for a platform valued at EGP 1.6 billion.

💵The general assembly of Misr Hotels (MHOT) approved doubling the company's issued capital to EGP 792 million through a one-for-one bonus share issue funded by retained earnings. The assembly also authorized increasing the company's authorized capital to EGP 1.6 billion and amended its articles of association to reflect the new structure. 

Tomorrow:

Cairo Educational Services (CAED) - dividend distribution date for EGP 1.40 per share. The record date was 18 January.

January 26, 2026:

Misr Oils and Soap (MOSC)  - dividend record date for EGP 0.50 per share. The distribution date is January 29.

January 29, 2026:

Misr Chemical Industries (MICH) - dividend distribution date for EGP 2 per share. The record date was November 3.

📈The International Monetary Fund increased its Egyptian GDP growth forecast to 4.7% for the current fiscal year and 5.4% for the next fiscal year. These revisions reflect an assessment that government reforms are progressing and that the economic impact of regional tensions is lower than previously estimated.

💰The Planning Ministry secured USD 170.4 million in funding from the African Development Bank, with nearly all the funds dedicated to structural reforms and promoting private sector growth. A separate USD 400,000 grant was also signed to expand the Abu Rawash wastewater treatment plant's capacity to serve over 8 million residents.

Madinet Masr (MASR) announced on Monday that it achieved record-breaking annual sales of EGP 52.1 billion for the full year 2025. The developer also reported a significant acceleration in construction activity, with unit deliveries surging 201% year-on-year to 1,941 units, up from 645 units in 2024.

The company’s share value rose 4.9% following the news of its results to become the EGX 30’s third top gainer, bringing its total gains over the past year to almost 16%.

Project pipeline and portfolio expansion

The record sales figures were supported by several major launches and developments throughout the year. In New Heliopolis City, the company launched Talala, a project spanning 491 acres with total planned investments of EGP 90 billion and projected sales of EGP 202 billion. It also introduced Elm Tree Park, a residential development with an estimated cost of EGP 11 billion and anticipated sales of roughly EGP 20 billion.

Ongoing work continued at the company’s flagship developments, Taj City and Sarai, as well as The Butterfly. Notable progress was made on the Clubside project within Taj City, and the Elan, Rai, and Rai Views phases at Sarai. Additionally, the company secured a partnership to develop Prism, a commercial and entertainment hub located in the "Tajed" business district of Taj City.

Regional expansion and land Bank 

The developer is currently exploring regional growth, with the board approving an initial USD5 million investment to establish overseas operations. This move follows a partnership framework with Saudi Arabia’s Waheej Real Estate to explore residential, commercial, and administrative opportunities in the Kingdom.

As of late 2025, Madinet Masr’s land bank totaled 12.8 million square meters.

This comes after a challenging 3Q for the company

For the third quarter ended September 30, 2025, Madinet Masr posted a net profit of EGP 1.1 billion, a 30.9% year-on-year decline from the peak demand seen in 2024. Quarterly revenues fell 12.5% to EGP 2.6 billion, compared to EGP 2.97 billion in the same period the year before.

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

Your daily market lens, signing off.