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July 27, 2025: Big Profits | Huge Deals

What: Sodic’s (OCDI) net profits surged by 107% YoY in the first half of this year, surpassing EGP 1 billion.
So What: Sodic reaped the benefits of signing a deal to develop a 1,000-acre plot of land in New Sphinx City, boosting its revenues by 22% to around EGP 5 billion. It also doubled its undeveloped land portfolio from 4 million square meters to over 8 million square meters.
Now What: The board is set to call for an ordinary general assembly to review the contracts for selling 7 administrative units in “The Portal” building in the “Sodic West” project in Sheikh Zayed to the financial giant Beltone (BTFH), or one of its subsidiaries.

What: Telecom Egypt (ETEL) announced that it is considering selling stakes in its data centers, following reports from “Asharq” indicating that the company intends to sell them.
Claps Class: Data centers are physical facilities that host computing equipment and related infrastructure, offering services like server hosting, infrastructure management, data security, and 24/7 technical support.
So What: The “potential deal” could improve Telecom Egypt’s financial structure, with the initial valuation of the two centers estimated at around $240 million.
Now What: Asharq mentioned that four investors are interested in purchasing the company’s two regional data centers, “RDH1” and “RDH2.”

What: The Egyptian Financial Regulatory Authority (FRA) revealed that Vicat Egypt has submitted a mandatory buyout offer to acquire shares of Sinai Cement (SCEM), valued at over EGP 2 billion. Vicat Egypt is part of the French Vicat Group, which specializes in cement and concrete production.
Claps Class: A mandatory buyout offer is made by a company to purchase shares of another company once the buyer’s stake exceeds a certain threshold (usually 50% or more), forcing them to buy the remaining shares at a specified price. The goal is to fully acquire the target company.
So What: The offer aims to purchase 22.4% of Sinai Cement shares at EGP 41 per share, which will increase Vicat Egypt’s stake in one of the largest cement companies locally to 100%.
News of the deal caused Sinai Cement’s stock to close Wednesday’s session up by more than 3%, reaching EGP 43, just before the stock exchange closed for Thursday’s Revolution Day holiday.
Now What: The authority will review the offer for approval or rejection. The next steps will be determined based on the decision.

What: The board of directors of EFG Group (HRHO) decided to reduce its issued capital from around EGP 7.298 billion to EGP 7.179 billion by canceling 23.713 million treasury shares that have been held for more than a year.
So What: This decision reflects the group’s commitment to improving its financial structure and increasing the value of the remaining shares, which could enhance investor confidence in EFG.
Now What: The capital reduction will be carried out according to the usual legal procedures, and the group will announce any further details related to this matter.

What: The board of Cairo Poultry (POUL) approved a strategic plan to relocate its parent farms to a new location in Al Mughira, Marsa Matruh. The new site spans 1,029 acres, compared to the current 300 acres, with a total investment of approximately EGP 700 million.
So What: The relocation will increase the company’s production capacity, ensuring the stability of subsequent supply chains, with potential for future expansion. The new site will reduce operational density, enhance disease prevention, and improve biosecurity due to the modern infrastructure and advanced technologies used.
Now What: The relocation will be carried out in stages over three years to ensure smooth operations and workforce transition.

Sidi Kerir’s profits drop 16% in 6 months
Sidi Kerir Petrochemicals Company “SIDPEC” (SKPC) reported a decline of over 16% YoY in its net profits for the first 6 months of this year, exceeding EGP 1 billion.
Meanwhile, its sales increased by more than 13%, reaching nearly EGP 7.5 billion.
Arabian Cement buys over 882,000 treasury shares
Arabian Cement (ARCC) purchased more than 882,000 treasury shares on Tuesday as part of its program to buy over 15 million shares. This is aimed at supporting the share price in the market and maximizing value for its shareholders.
Madinet Masr continues buying treasury shares
Madinet Masr (MASR) bought 1 million treasury shares during Tuesday’s session, with the goal of increasing its share price.