Cairo: Prime Minister Mostafa Madbouly reaffirmed the government's commitment to developing the performance of the stock exchange, enhancing its stability, and protecting investors across non-banking financial sectors.
According to State Information Service Egypt, Madbouly made the remarks during a meeting on Monday, August 10, 2026, to review proposals aimed at improving the performance of the Egyptian Exchange and the progress it has made in recent months. The meeting included Investment and Foreign Trade Minister Mohamed Farid Saleh, Financial Regulatory Authority Chairman Islam Azzam, and Egyptian Exchange Chairman Omar Radwan.
The Prime Minister welcomed positive developments on the Egyptian Exchange, citing a rise in average daily trading value to EGP 15 billion (USD 304 million) and market capitalization exceeding EGP 4 trillion. Farid presented recent performance indicators for the securities market and outlined measures under consideration to improve the exchange, particularly government offerings and incentives to encourage private-sector companies to list.
The discussions also focused on preparations for government offerings. Efforts are being made to ready companies for trading and prepare major entities, both state-owned and private, to benefit from new tax incentives for listings and trading on the Egyptian Exchange. Proposed legislative amendments to Law No. 95 of 1992 and its executive regulations were also reviewed, along with highlighting tax advantages and incentives linked to securities trading.
Plans to transform the Egyptian Exchange into a joint-stock company, with the potential for eventual listing, were discussed. Upgrades to its trading and market-surveillance technology infrastructure were also on the agenda. The meeting explored new mechanisms for short selling, derivatives, and market makers, as well as measures encouraging private insurance funds to invest required portions of their assets in shares and equity investment funds listed on the Egyptian Exchange.
The meeting emphasized the need to remove obstacles to establishing new private insurance funds serving a broad segment of investors.