MSCI Adds Telecom Egypt to Egypt Standard Index, Removes Eastern Company Effective November 30
Morgan Stanley Capital International (MSCI) has announced the inclusion of Telecom Egypt in the MSCI Egypt Index, part of its Global Standard Indexes, while removing Eastern Company following its November 2026 periodic review.
According to the report issued on November 11, the changes will become effective after the close of trading on November 30, 2026, updating the composition of the Egyptian benchmark.
Telecom Egypt Joins the MSCI Egypt Index
The review results confirmed the addition of Telecom Egypt to the MSCI Egypt Standard Index, marking a change in the benchmark’s constituents and expanding the stock’s representation in international equity indices.
Eastern Company was listed among the companies removed from the index, resulting in one addition and one deletion in the Egyptian benchmark during the November review.
Eastern Company Removed from the Benchmark
MSCI’s decision removes Eastern Company from the MSCI Egypt Standard Index alongside the inclusion of Telecom Egypt.
The report specifies that the removal applies to the standard index in question and does not confirm the company’s exclusion from all other MSCI indices.
Implementation Date and Review Data
The revised index composition will take effect after the close of trading on November 30, 2026.
MSCI said the review was based on market data as of October 20, 2026, the reference date for stock prices used in the assessment. The announced results may be updated to reflect corporate events or other relevant changes occurring before implementation.
Potential Implications for Investors
Telecom Egypt’s inclusion increases the stock’s representation in an international benchmark used by investment institutions and funds to track markets and assess portfolio performance.
Index changes may prompt portfolio and fund rebalancing among investors tracking the benchmark. However, MSCI did not disclose the expected investment inflows into Telecom Egypt or potential outflows associated with Eastern Company’s removal.
Inclusion in the index does not constitute an investment recommendation or guarantee a rise in the stock’s market price.
MSCI Review Covers Multiple Global Markets
The November 2026 review also introduced changes across several international markets, including the United States, China, India, Taiwan, Saudi Arabia, Qatar, and Kuwait, as well as European and Asian markets.
India’s index gained four stocks and removed one, while China added three stocks and removed 38. Saudi Arabia recorded two removals with no additions.
In the United States, the review included one addition and 24 deletions, according to the published results.
The changes form part of MSCI’s regular process of updating its global indices in line with its established methodologies.
