FEAS Yearbook 2025 FEAS Yearbook 2025 | Page 80

The Federation of Euro-Asian Capital Markets

About Company

The Egyptian Exchange

Established: 1903

Address: Building B 135, Smart Village, KM 28 Cairo- Alexandria Desert Road, P.O Box 47 Smart Village

Working Hours: 08:30 - 15:30

Contact Name: Rehab Sallam

Email: Rehab.Sallam@egx.com.eg

Website: www.egx.com.eg

- Joined FEAS in 1998 -

Dr. Islam Abdel Azim Azzam

Executive Chairman

Year in review

The year 2025 marked a significant step-change for the Egyptian Exchange (EGX).From a regulatory and operational perspective, EGX implemented wide-ranging reforms aimed at improving market efficiency and competitiveness. Key initiatives included activating electronic subscription mechanisms for capital increases through OPR offerings, simplifying onboarding procedures for foreign investors, and expanding exchange membership to cover new activities such as derivatives and carbon certificates.

In terms of market performance, 2025 delivered exceptional results. Market capitalization rose to approximately USD 62 billion, representing a 45.8% increase since the beginning of the year—the highest growth rate among major Arab markets and a substantial improvement compared to 2024. Trading activity also surged, with average daily trading value reaching EGP 7 billion and volumes increasing by more than 57% year-on-year, reflecting deeper liquidity and stronger investor confidence. The IPO and listing framework was comprehensively upgraded in 2025. EGX modernized the IPO order registration and allocation process, enhanced the internal order book, and accelerated capital increase procedures in coordination with GAFI. Disclosure quality was strengthened through system upgrades, improved insider trading monitoring, and the establishment of an investor relations officers registry.

On the technological front, EGX achieved major progress by upgrading multiple systems and contracting NASDAQ for new trading and surveillance platforms scheduled for 2026. Additional enhancements included revised tick-size methodology, upgraded debt trading systems, treasury bill trading.

Product diversification also expanded materially in 2025 with the launch of new indices (EGX33 Shariah, EGX35-LV Low volatility index), the Egyptian Climate Exchange, sustainability initiatives, and preparations for derivatives trading supported by a dedicated CCP. Investor participation increased markedly, driven by fintech expansion, with registered investors rising by 20%, and youth representing 79% of new investors.

Market volatility and global economic uncertainty continued to affect investor sentiment, requiring proactive measures to sustain liquidity and confidence, particularly among foreign investors. In addition, expanding into new products such as derivatives, carbon