Egypt and global economy brief
Telecom Egypt’s nine-month profit rises 43.7% to EGP 24.4 billion
An RE brief based on a story published by Al Borsa on 12 November 2026.
Read the full story at the sourceThe story in brief
Telecom Egypt reported profits of EGP 24.4 billion in the first 9 months of 2026, up 43.7% from the same period in 2025, while revenue rose to EGP 93.56 billion. Its board approved the 2027 planning budget, which targets revenue growth and specified financial metrics; the company said it has no approved decisions or investment plans at present to expand in East Africa.
Key numbers
- 43.7%
- Profit growth
- 24.4 billion EGP
- 9-month profit
- 17 billion EGP
- Comparable-period profit
- 93.56 billion EGP
- 9-month revenue
- 78.3 billion EGP
- Comparable-period revenue
- 2027
- Planning budget year