Egyptian Exchange (EGX) Chairman Omar Redwan said developing the small and medium-sized enterprises (SMEs) market is a key strategic priority for the bourse, in coordination with the Financial Regulatory Authority (FRA), through a comprehensive plan aimed at supporting listed companies, helping them expand their businesses and eventually move to the main market.
Redwan said the EGX is continuing efforts to broaden its range of products and services to meet the evolving needs of local and international investors. He noted that development plans include advancing derivatives markets, introducing sophisticated risk-management tools, expanding investment products, and strengthening the role of bond, sukuk and green bond markets, as well as other sustainability-linked financing instruments.
Redwan added that current performance indicators reflect sustained growth in the Egyptian capital market, with daily trading values exceeding $200 million, underscoring growing investor confidence and the market’s ability to absorb new listings. Egypt advises citizens to postpone travel to Ebola-hit regions amid global alert Egypt advises citizens to postpone travel to Ebola-hit regions amid global alert