Cairo: Prime Minister Moustafa Madbouly has emphasized the Egyptian government's strong commitment to advancing the country's capital market, focusing on enhancing its stability and safeguarding participants in various non-banking financial sectors. This initiative is pivotal for supporting the national economy by increasing investment rates and expanding the involvement of both local and international private sectors.
According to State Information Service Egypt, during a meeting held on Sunday, April 26, 2026, with Islam Azzam, Chairman of the Financial Regulatory Authority (FRA), and Omar Reda, Chairman of the Egyptian Exchange (EGX), Madbouly congratulated the newly appointed officials. He expressed his hope for their success and collaboration in achieving the development goals of the capital market.
The Prime Minister highlighted the necessity of broadening new financial instruments within the Egyptian capital market and maintaining coordination among the FRA, EGX, and other relevant entities. Efforts are concentrated on advancing digital infrastructure to enhance transparency and assist investors at all levels in making informed decisions.
Madbouly praised the positive indicators observed at the EGX, particularly the increase in daily trading volumes, which have exceeded EGP 12 billion, and the rise in market capitalization, surpassing EGP 3.6 trillion-the highest in its history. He also urged the swift completion of draft laws regulating the capital market and emphasized the importance of quickly listing state-owned assets, reviewing the status of companies already listed and those being prepared for listing.
FRA Chairman Islam Azzam stated that the Authority is working on developing regulatory policies in alignment with international best practices across non-banking financial sectors, especially capital markets, insurance, and finance. Azzam highlighted efforts to activate and develop new financial mechanisms and products to promote financial inclusion and liquidity, positively impacting the national economy.
He further mentioned recent advancements towards establishing derivatives markets and attracting both local and foreign investors, including the launch of futures contracts on the EGX30 index. Plans are underway to introduce options trading, activate market-making activities, and finalize mechanisms for short selling by linking brokerage firms with Misr for Central Clearing.
Azzam emphasized the importance of coordination between the FRA and the stock exchange, along with increasing awareness of new investment tools to deepen the market, boost investor confidence, and enhance competition. This is especially crucial as several temporarily listed companies approach final listing and public offerings.
He noted that the EGX has shown significant improvement, with ongoing efforts to sustain this performance. Work is currently underway to finalize related capital market laws in cooperation with the stock exchange, while reviewing several key files being jointly addressed.