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

Today: SODIC’s profits surge 150% in 9M, Madinet Masr launches EGP 11 bn project, and Al Baraka acquires Amlak Finance.

🔔  EGX30 ended +1.10% by market close at 38,101 points, while the EGX70 rose 1.52% to 12,263 points, and the EGX100 also inched up 1.51% to reach 16,075 points.

💸 The number of transactions reached 152,932 spread across 1,976,204,455 leading to a turnover of EGP 6.2 billion.

🏷️ Regional investors were the only net sellers.

Market Movers: 

📈 Top gainers for the market as a whole included Saudi Egyptian Investment & Finance (+16.49%), Amer Group Holding (+10.32%), and Mansourah Poultry (+8.13%).

📉 Top losers for the market included Copper For Commercial Investment & Real Estate Development (-7.48%), Digitize for Investment And Technology (-3.72%), and Misr Beni Suef Cement (-3.13%).

⬆️ Top gainers for EGX30 included Juhayna (+7.4%), Emaar Misr (+6.9%), and E-finance (+6.3%).

⬇️ Top losers included Mopco (-0.9%), Ibnsina Pharma (-0.8%), and Egypt Aluminum (-0.7%).

Other Important Stats: 

🧈 24K Gold reached EGP 6,422 per gram, up 0.51% day-on-day and up 10.72% month-on-month.

💲 The USD reached EGP 47.54 at the National Bank of Egypt.

💸 Egypt’s third-largest listed real estate developer SODIC (OCDI) saw its net income soar 150% year-on-year to EGP 2.4 billion in the first nine months of 2025, supported by strong handovers and higher sales. Revenues climbed 69% YoY to EGP 10.6 billion, driven largely by robust activity in the company’s West Cairo projects, which dominated deliveries during the period. (Read more in our Deeper Look section.)

🏘️ Madinet Masr (MASR) announced the launch of its latest residential development, Elm Tree Park, with an investment cost of EGP 11 billion and targeted sales of roughly EGP 20 billion, according to a company statement. Located within the Sarai compound and spanning 476,000 square meters, the project will feature around 2,200 homes, ranging from apartments to villas and townhouses. The developer is also rolling out payment plans starting at EGP 5,100 per month to make units more accessible to a broader segment of buyers.

✅ Al Baraka Bank Egypt (SAUD) has agreed to acquire 99% of Amlak Finance Egypt in a transaction worth about EGP 400 million, pending regulatory approval, according to a statement to the EGX.The move marks Amlak’s exit from Egypt and gives Al Baraka an immediate presence in the mortgage finance market, aligning with its plan to expand Islamic retail lending and housing finance services.

🫴 Emirates NBD has extended over EGP 20 billion in credit facilities to Elsewedy Electric (SWDY) to support the company’s regional expansion in Egypt, Saudi Arabia, and the UAE, the bank said in a statement. The funding, arranged jointly by Emirates NBD teams across the three markets, will help finance Elsewedy’s power, manufacturing, and infrastructure projects.

🤝 U Consumer Finance (VALU) announced the renewal of its collaboration with Amazon Egypt, allowing customers to shop using Valu’s installment and financing options. Its CEO Walid Hassouna said the renewed partnership is designed to enhance convenience and expand financial access for online shoppers across the platform.

October 27, 2025 (today):

Arab Drug Co (ADCI) - dividend record date for EGP 8.333 per share. The distribution date is October 30.

October 28, 2025:

Nile Pharmaceuticals and Chemical Industries (NIPH) -  dividend record date for EGP 2 per share. The distribution date is November 2.

October 29, 2025:

Madinet Masr Housing and Development (MASR) -  dividend distribution date for EGP 0.125 per share. The record date was May 26.

Middle and West Delta Flour Mills (WCDF) -  dividend distribution date for EGP 36 per share. The record date was yesterday.

Memphis Pharmaceutical and Chemical Industries (MPCI) -  dividend distribution date for EGP 0.125 per share The record date was yesterday.

📈 Egypt plans to raise up to USD 7 billion over the next four years by selling more than 18,000 new land plots to Egyptians living abroad under the latest phases of its “Beit El Watan” program, a government source told Asharq Business. The move aims to secure fresh USD inflows and build on the USD 10 billion already collected since 2012, with payments extending through 2029.

🚢  Egyptian exports could enter China duty-free by the end of November as part of the country’s push to deepen ties with Africa, Al Borsa reported, citing government sources. The move could boost Egypt’s USD inflows, with export values to China — currently between USD 1.2 and 1.5 billion annually — targeted to reach USD 5 billion within five years amid rising demand for Egyptian oranges and grapes.

🛢️ DP World has opened its USD 85 million Sokhna Logistic Park in the Sokhna Industrial Zone, a move the Egyptian cabinet said supports Egypt’s goal of becoming a regional trade hub. The 300k sqm project, expected to create around 300 jobs, will be fully operational by 3Q 2026 and includes bonded warehouses, cargo tracking, and on-site customs services.

SODIC, Egypt’s third-largest listed property firm, recorded a 150% year-on-year jump in net profit to EGP 2.4 billion in the first nine months of 2025, driven by stronger deliveries and higher revenues, according to its latest earnings release.

The developer’s revenues rose 69% YoY to EGP 10.6 billion, supported mainly by its West Cairo developments, which accounted for 77% of delivered value during the period, while East Cairo contributed 22%.

SODIC delivered 908 units in the nine-month period, up from 755 units in the same time last year. Of these, 696 units came from West Cairo projects, while 212 units were handed over in East Cairo — reflecting steady construction momentum and sustained buyer demand across its portfolio.

Remember, the company has been making moves:

Earlier this month, SODIC signed a partnership with MIDAR for Investment and Urban Development to develop a 500-feddan mixed-use project in MADA City. The company is projecting over EGP 200 billion in total sales from the venture, which carries an estimated total investment of EGP 110 billion. 

It will be carried out under a revenue sharing model, with 70% going to Sodic in return for handling development, marketing, and sales, while Midar retains 30% for the land contribution, the company’s General Manager Ayman Amer told Asharq Business in an interview.

Amer said the deal raises the company’s newly acquired land portfolio to around 2,000 feddans over the past two years.

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

Your daily market lens, signing off.