Egypt Financial Regulatory Authority to launch training program for state-owned companies preparing for listing and public offerings

The Egypt Financial Regulatory Authority said it will launch a training program to prepare state-owned companies that are temporarily listed on the Egyptian Exchange, and their senior executives, to meet listing and public offering requirements and apply governance and disclosure standards. The program is part of the authority’s support for the state’s public offerings plan and is designed and delivered by the Financial Services Institute, its training arm, with a focus on strengthening both institutional readiness and the capabilities of key staff. Training will be delivered in successive cohorts, starting with companies already temporarily listed and then extending to companies the government plans to list and offer in later phases. The main target groups are board chairs and members, chief executives, chief financial officers, accounting heads, disclosure and investor relations officers, governance and internal audit officers, and other executives involved in listing and offering work. The curriculum combines regulatory grounding with practical application through short lectures, case studies and simulations, covering the capital market framework, temporary and final listing processes, financial and accounting readiness, governance and sustainability requirements, disclosure and offering prospectuses, public offering execution, and post-listing obligations. Delivery will involve experts from the authority, the Egyptian Exchange and authority-licensed offering advisers. The authority said the initiative is being coordinated with the State-Owned Companies Unit headed by Hashem El Sayed to help companies complete listing and offering requirements more quickly. As context for the program, the unit has already secured temporary listings for 20 companies on the Egyptian Exchange, most recently three petroleum-sector companies and one tourism-sector company.