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Egyptian Telecoms Upgraded to Mid Cap
The Egyptian Telecommunications Company announced its upgrade from the small-cap segment to the mid-cap segment within the global “FTSE Russell Emerging” index, following the results of the semi-annual review in September 2026. This upgrade comes after the company surpassed the minimum market value threshold of approximately $3.9 billion, reflecting improvements in liquidity levels, financial performance, and operational efficiency. The upgrade underscores the company's strong performance and solid financial position, while also enhancing its investment appeal and global presence, ultimately strengthening the Egyptian stock exchange’s standing in international markets.
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