It’s not just investors here in Egypt who are paying close attention to the EGX30’s runaway start to the year, as Bloomberg is highlighting to its large readership that the country’s benchmark index is already up 27% in USD terms this year. The business news service notes that this isn’t just “far outpacing” developed markets, but is up more than 2x against the MSCI Emerging Markets Index.

At points, Bloomberg almost seems to be doing a sales pitch for Egyptian stocks, noting that a strong performance in 2026 follows a 50% return for USD investors in 2025. Looking ahead, the outlet notes that a strengthening EGP and a privatization push have “added to the appeal of Egyptian stocks.”

Bloomberg also called up some analysts to back its assessment, with Act Financial’s Allen Sandeep telling the outlet that “current valuations are still cheap” and “the EGX is right now on a positive re-rating path.”

Tags: