By ; Bakinam Khaled 

Engineer Tamer El Mahdy, Managing Director and CEO of Telecom Egypt, affirmed in a LinkedIn post that recent developments in the FTSE Russell indices reflect the growing role of major Egyptian companies in strengthening the Egyptian market's position and increasing its attractiveness to international investors.

Engineer El Mahdy explained that Telecom Egypt's presence among the Egyptian companies monitored and followed by global investors reflects its strong performance and sustainable growth. He emphasized that the success of major Egyptian companies is a key factor in boosting investor confidence and supporting the competitiveness of the Egyptian market.

Engineer El Mahdy stated, "We are proud that Telecom Egypt is part of this development, and that its performance and sustainable growth reflect the ability of Egyptian companies to create real value and enhance investor confidence, thus supporting the Egyptian market's position on the global investment map."

He added that Telecom Egypt continues to play its role as a cornerstone of Egypt's digital infrastructure through ongoing investment in developing telecommunications networks and infrastructure, enabling digital transformation, and supporting economic growth.

He pointed out that the strength and improved performance of Egyptian companies are not isolated successes for each individual company, but rather contribute more broadly to enhancing the competitiveness of the Egyptian economy and its ability to attract further investments.

The CEO of Telecom Egypt affirmed the company's continued focus on achieving sustainable growth, maximizing shareholder value, and supporting the digital economy, in line with its position and role as a pivotal national company in the telecommunications and digital infrastructure sector.