The Egypt Financial Regulatory Authority met a Citibank delegation to review developments in Egypt’s capital market and explore cooperation and knowledge exchange. Chair Mohamed Farid indicated the Authority is preparing a package of regulatory decisions covering securities borrowing and lending for short selling of shares, as well as a market-maker framework, to be issued before the end of 2025 to support liquidity, market efficiency and pricing. Farid linked the broader market-development agenda to strengthening transparency and discipline, improving trading efficiency and widening citizen participation, alongside continued digitalisation across capital markets. The discussion also covered the reported effects of the digital transformation plan, including growth in the number of investors registered on the Egyptian Exchange after introducing fintech into the registration process and higher daily trading volumes and values; the parties also discussed leveraging international experience to support the market’s regulatory and operational infrastructure, with Citibank welcoming the reforms and signalling interest in deepening partnerships and supporting foreign investment into the local market.
Egypt Financial Regulatory Authority 2025-11-05
Egypt Financial Regulatory Authority plans year-end issuance of short-selling and market-maker rules in cooperation talks with Citibank
The Egypt Financial Regulatory Authority met with a Citibank delegation to discuss capital market developments and potential cooperation. Chair Mohamed Farid announced upcoming regulatory decisions on securities borrowing, lending for short selling, and a market-maker framework to enhance liquidity and efficiency by year-end 2025. The meeting also addressed digital transformation impacts, including increased investor registration and trading volumes, with Citibank expressing interest in supporting these reforms.