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The Egyptian capital market is preparing for a new phase of growth and expansion, propelled by the government initial public offering (IPO) program, a rising number of listed companies, and the introduction of modern financial instruments, EGX Chairman Omar Radwan affirmed today. These dynamics are set to bolster the market's capacity to attract both domestic and foreign investments.

Surging Liquidity and Upcoming IPOs Radwan stated that the Egyptian Exchange (EGX) is witnessing a remarkable development in liquidity levels and trading volumes. He explained that the average daily trading value over the last five sessions crossed the EGP 12 billion threshold, reflecting growing investor confidence and the market's capability to absorb fresh listings.

The Chairman pointed out that the government has finalized preparations for several companies ahead of their listing under the state privatization program. He noted that the upcoming period will witness the debut of new entities, including companies operating in the oil and petroleum sector, which will deepen the market and enhance sectoral diversification.

Corporate Governance and Digital Tools Regarding family-owned businesses, Radwan emphasized that the current management is actively encouraging these entities to join the exchange. He stressed that the EGX offers the ideal ecosystem for the growth and sustainability of family businesses by providing robust financing and expansion opportunities, alongside elevating corporate governance and institutional transparency.

Radwan added that digital transformation stands as a primary pillar for developing the capital market. Completing the development ecosystem and introducing new financial instruments, such as derivatives, will elevate market efficiency and boost regional competitiveness. Furthermore, investor protection and raising disclosure standards remain top priorities, managed in close coordination with the Financial Regulatory Authority (FRA) to ensure market stability.

The Chairman concluded with a direct call to unlisted companies to expedite their joining of the EGX to capitalize on available funding opportunities, while urging economic media outlets to intensify financial literacy efforts, particularly among the youth, to expand the investor base in Egypt.