Edita reports a 73% rise in net income
Snackmaker Edita Food Industries saw its net income rise 72.6% y-o-y to EGP 2.4 bn in 2025, which management attributed to stronger operating leverage, disciplined pricing, and sustained cost control, according to its latest earnings release (pdf). Revenues surged 29.5% y-o-y to EGP 20.9 bn for the same period.
For 4Q 2025, the firm’s bottomline rose 178.6% y-o-y to EGP 859.4 mn, while topline rose 45.4% y-o-y to EGP 6.2 bn.
What they said: “The exceptional fourth-quarter performance, coupled with our solid full-year results, reflects sustained demand for our products, the strength of our household brands, and the continued success of our strategy centered on price-point migration, portfolio optimization, and disciplined execution,” Group Chairman Hani Berzi said.
TMG and CI Capital raise EGP 8 bn in a single day for new real estate fund
Talaat Moustafa Group (TMG) and CI Capital newly launched EGP 8 bn target Awaed Real Estate Investment Fund was fully subscribed on its first day, according to a filing to the bourse (pdf). The fund gives CI Capital a 51% stake, while TMG’s real estate arm, the Arab Company for Projects and Urban Development, holds the remaining 49%.
Right time, right place: After the EGX30 wrapped up a sterling 2025 up over 40% throughout the year and the country made strides in taming inflation, the war in the region may have broken investor confidence in the index’s inevitable rise and created doubt around macro fundamentals. In times of economic uncertainty and geopolitical tensions, investors often pivot from growth assets like stocks to more defensive and yield-generating assets, which places Awaed’s portfolio of already leased commercial assets with stable and predictable returns from rent as an attractive inflation hedge and source of stable returns without much risk.
Madkour Holding and GoGas head to Mauritania for gas-to-power project
Madkour Holding and GoGas will develop a 365 MW combined-cycle power generation plant in Mauritania’s capital Nouakchott under a joint development agreement, the Egyptian-Emirati energy investment and development firm GoGas said in a statement. The facility will be fueled by the GoGas-developed offshore Banda Tevet gas field, with its first phase slated to come online by the end of 2028 with an initial capacity of 200 MW.
Why this matters: With Egyptian firms having spent years building up expertise and operational capacity from a wave of state-led infrastructure projects over the few years, local players are increasingly looking outside the country’s borders with the nearly EGP 1.2 tn public investment cap for the current fiscal year limiting fresh projects at home. But while our well-heeled Gulf neighbors are obvious expansion targets, our Africa neighbors also present a promising market, which Madkour and GoGas are already no stranger to.
Nile Sugar Company eyes USD 40 mn senior loan from the IFC
The International Finance Corporation (IFC) is mulling a USD 40 mn senior loan to Sawiris-backed beet sugar producer Nile Sugar Company for the reclamation of 13.7k feddans for sugar beet cultivation land in Minya through its subsidiary Nile Agriculture Company, according to a project summary from the lender. Half of the loan — USD 20 mn — will be financed by the IFC, while the remainder will be mobilized from other investors.