Egypt Bourse Decides to Reduce Listing Documents by Half

Big 5

Egyptian stock exchange (EGX) will reduce the number of documents the bourse requires from large corporations or small and medium enterprises by half, the exchange chairman Mohamed Omran announced on Wednesday.

The decision will attract more companies from different sectors to list in the Egyptian stock exchange which will provide different alternatives to potential investors and will reflect positively on the capital market.

Documents required to list in the stock exchange will be reduced to 12 documents instead of 24.