The government is keeping its stake in Alexandria Containers
· Egyptian market news · ALCN

Good morning, wonderful people and welcome back from the extended weekend.
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Transport Ministry won’t sell its ALCN stake
The Transport Ministry confirmed it has “no intention” to offload stakes held by its affiliates in Alexandria Container and Cargo Handling (ALCN) statement
We called it: exclusively last week December
REMEMBER- in November in 2022
A role for Egypt in IMEC?
Egypt’s energy infrastructure may find itself at the center of Washington’s plans for the India-Middle East-Europe Econo mic Corridor (IMEC). bipartisan bill (pdf)
EGX-listed Arabian Food Industries (Domty) expects its new spin-off dairy unit, Dairy Products Euro Arabian for Food Industries, to list on the EGX in July Arabic press originally targeted
Domty’s board approved a split in October 2025 in December
IN CONTEXT- facility in Saudi Arabia mandatory tender offer
State Ownership Policy 2.0
The government has finalized the second iteration (pdf) of its State Ownership Policy (SOP) State Information Service USD 5.9 bn
The document groups divestment targets into three tiers
Newly tapped Trump appointee Kevin Warsh held interest rates steady at his first Federal Open Market Committee (FOMC) meeting on W ednesday USD slipped below the EGP 50 mark
The breakdown: Federal Reserve’s press conference transcript (pdf)
Why this threatens the EGP:
Warsh is also getting rid of "forward guidance”
Don’t overread daily moves:
Single-stock futures on the shares of Commercial International Bank (CIB) and Talaat Mostafa Group (TMG) will start trading on the EGX in a few hours.
REFRESHER- lukewarm reception last Thursday pushed back
This new product may have an easier time finding an audience.
It’s not as hot in Alexandria
The big story abroad
US-Iran ta lks for a permanent ceasefire are set to kick off in Switzerland today
Talks are kicking off after Iran said it shut the Strait of Hormuz citing what it called killed at least 20 said
Is Starmer stepping down? The Telegraph
Is the world turning against AI players? The Wall Street Journal
Original source: enterpriseam.com