EGX, GAFI hold first 2026 committee meeting to encourage listings
Egypt’s stock exchange and investment authority held the first meeting of their joint permanent committee for 2026 on Wednesday, aiming to strengthen coordination, improve the investment climate, and encourage more company listings.
The meeting followed directives from Investment and Foreign Trade Minister Mohamed Farid to deepen coordination between state institutions, streamline procedures, and improve investor services.
Chaired by General Authority for Investment and Free Zones (GAFI) head Mohamed Awad and Egyptian Exchange (EGX) Chairman Omar Redwan, the committee discussed ways to improve services for listed companies, strengthen coordination mechanisms, and develop a joint protocol linked to digital transformation initiatives.
The discussions also focused on enhancing integration between the two institutions to facilitate procedures for companies, accelerate service delivery, and support efforts to deepen Egypt’s capital market.
Awad said about 61,000 joint-stock companies are eligible for listing, compared with roughly 260 currently listed on the EGX, highlighting what he described as significant potential to expand the market and improve liquidity.
He added that GAFI has facilitated the establishment of about 414,000 companies, underscoring the scope for increasing the number of listed firms.
The committee forms part of broader government efforts to strengthen cooperation among state institutions, improve the business environment, and encourage greater private-sector participation in the economy.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser