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2026-08-16T13:55:34.000Z

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Faisal Bank and Orascom Stock Changes

Faisal Bank and Orascom Stock Changes

The financial results of companies listed on the Egyptian Stock Exchange during the first half of 2026 show mixed performance, with some firms such as Faisal Islamic Bank, Orascom, and Suez Cement experiencing significant increases in profits. Faisal Bank's net profit surged by 198.2% to reach 4.44 billion Egyptian pounds, and Suez Cement's profits rose by 103.05% to over one billion pounds. Conversely, some companies, particularly in the real estate and chemicals sectors, saw declines in profits, while others experienced modest increases or incurred losses. These varied performances are expected to continue greatly influencing the market in the second half of the year.

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