The Egypt Financial Regulatory Authority published an update on a meeting between Prime Minister Mostafa Madbouly, FRA Chairman Mohamed Farid and newly appointed Egyptian Exchange Chairman Islam Azzam focused on steps to develop Egypt’s capital market and support investment and listings. Farid pointed to ongoing coordination between the FRA and the exchange to safeguard market stability while expanding the market’s role in corporate financing, including work to activate and develop new financial and investment mechanisms and products, with a stated focus on market integrity, transparency and investor protection and with fintech and sustainability as priorities for the non-banking financial sector. Azzam said the exchange will pursue two parallel tracks, introducing new products such as derivatives and activating a market maker mechanism, while keeping trading governed by supply and demand and maintaining dialogue with market stakeholders. Finance Minister Ahmed Kouchouk said incentives for large-sized offerings are being studied and that coordination with the FRA will continue to promote new private and state offerings to increase liquidity and diversify the investor base.
Egypt Financial Regulatory Authority 2025-08-26
Egypt Financial Regulatory Authority highlights coordination to deepen the Egyptian Exchange with derivatives and market maker plans as large IPO incentives are studied
The Egypt Financial Regulatory Authority reported a meeting with Prime Minister Mostafa Madbouly and Egyptian Exchange Chairman Islam Azzam on capital market development and investment support. Initiatives include enhancing market stability, introducing new financial products like derivatives, and activating a market maker mechanism. Coordination with the Ministry of Finance aims to promote large-sized offerings and diversify the investor base.