The headlines from this morning

Missed this morning’s edition of EnterpriseAM? Here are the top stories in a nutshell.

• How a new generation of retail investors weathered the EGX’s first trading halt in five years: October’s selloff drew three very different reactions from three investors we spoke to. One bought more shares as prices fell, another decided she’d had enough of picking stocks, and the third held enough liquidity to barely feel it;
• Annual urban headline inflation slowed for a third consecutive month to 12.7% in October, down from 13.9% in September, its lowest level since January. Annual core inflation, a gauge computed by the Central Bank of Egypt that strips out volatile prices, eased to 13.1% from 14.1%. On a monthly basis, headline prices rose just 0.7%, slowing from September’s 1.3% clip;
• Newly listed MNT Tech Holding for Financial Investments more than doubled its net income q-o-q to EGP 836 mn in 3Q 2026, according to its first earnings release since debuting on the EGX on 20 October. Revenue climbed 15% q-o-q to EGP 5.4 bn, and annualized return on average equity rose 20 percentage points to 41.1%. Most of the q-o-q jump came from offloading income, cheaper funding, and a one-off gain;
• The Niat and Rasgha wind projects at Ras Ghareb reached financial close, with the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the German Investment Corporation (DEG) each providing a third of a USD 436 mn debt package (around USD 145.3 mn apiece, by our math). The two 250 MW farms cost USD 626 mn combined and are due to start commercial operation by the end of 2028.