Latest News for: egp

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TMG strengthens earnings momentum with EGP 62.5bn in revenues

Daily News Egypt 23 Feb 2026
Talaat Moustafa Group Holding (TMG) reported a 43% year-on-year surge in net profit in 2025, reaching EGP 18.2bn, according to the company’s annual financial results ... to EGP 62.5bn during the year.
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Why Egypt’s 17.75% Citizen Bond bypasses banks to secure EGP 7.7tn in savings

Daily News Egypt 23 Feb 2026
Between July and December 2025 alone, interest costs surged 34.6% to EGP 1.26tn ... Will the EGP 7.74tn Savings Pool Pivot? ... Reducing the EGP 1.26tn Interest Burden through Direct Lending.
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Talaat Moustafa Group 2025 profit rises 43% to 18.2bn EGP

Daily News Egypt 22 Feb 2026
Talaat Moustafa Group (TMG) Holding’s net profit surged 43% in 2025 to 18.2bn EGP, according to the company’s annual financial results. The profit growth followed a 46% increase in total revenues, which reached approximately 62.5bn EGP.
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Inertia Egypt targets EGP 16bn in 2026 sales, accelerates regional expansion

Daily News Egypt 22 Feb 2026
The company is targeting EGP 16bn in contracted sales in 2026, compared to EGP ... In parallel, Inertia plans to increase total investments to EGP 6bn, up from EGP 3.5bn last year, reflecting a 71.5% rise.
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GDG targets EGP 11bn in sales from ‘The Novelist’ project by 2026-end

Daily News Egypt 22 Feb 2026
GDG has already achieved EGP 3 billion in sales in just six months since launching the project, with approximately 630 units sold across the first two phases, which began sales in the second half of last year.
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Gold prices surge by EGP 215 amid geopolitical tensions

Daily News Egypt 22 Feb 2026
Gold prices in the local market rose by EGP 215, or 3.2%, last week, reflecting a similar increase in the global gold price, which rose by $65, or 1.3% ... The 24-karat gram reached around EGP 7,914, while the 18-karat gram hit approximately EGP 5,936.
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HDB’s net profit rises 56% to EGP 17.2bn in 2025

Daily News Egypt 21 Feb 2026
Total loans reached EGP 65.717bn, representing growth of 17.4%. Corporate and institutional loans rose to EGP 32.784bn–an increase of EGP 4.424bn, or 15.6%–while retail loans reached EGP 32.933bn, up EGP 5.321bn, representing growth of 19.3%.
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Egyptian pound edges lower against dollar in early trade – 19 Feb, 2026

Amwal Al Ghad 19 Feb 2026
The Egyptian pound fell slightly against the US dollar in early trading on Thursday, as major banks quoted marginal losses ....
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AlMarasem launches Mar Ville in New Sheikh Zayed, targets EGP 33bn in sales

Daily News Egypt 16 Feb 2026
The company is targeting total sales of around EGP 33bn, reinforcing its strategy to achieve geographic diversification across its real estate portfolio ... The master plan was developed by the internationally acclaimed Architecture Studio ....
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