Madbouly reaffirmed the government’s full support for
efforts to develop Egypt’s capital market, describing it as one of the main
tools for achieving economic growth targets, boosting investment rates, and
enhancing private sector participation in economic activity.
Farid stressed the continued close coordination between the
Authority and the EGX to ensure market stability and strengthen its role in
financing companies and providing diversified investment solutions, positively
reflecting on the national economy. He added that the FRA is moving towards
activating and expanding new financial and investment instruments to enhance
efficiency and competitiveness, while keeping its primary focus on maintaining
the stability of markets and non-banking financial institutions and
safeguarding the rights of all participants. He also highlighted that financial
technology and sustainability are key pillars for reinforcing the role of the
non-banking financial sector in supporting the national economy.
Azzam explained that the stock exchange will advance along
two parallel tracks in the coming period: deepening the market and broadening
its instruments by introducing new financial products such as derivatives, and
activating the market-making mechanism to create greater opportunities for
investors and strengthen efficiency and competitiveness. He stressed that
trading activity will remain fully governed by supply and demand, adding that
the EGX administration is committed to maintaining ongoing dialogue with
stakeholders to shape more effective policies that boost competitiveness and
market attractiveness.
Kouchouk noted that incentives for large-scale offerings on
the EGX are under study to encourage companies to list, offer, and trade their
shares, thereby enhancing market depth and activity while reflecting the
state’s commitment to expanding ownership and attracting more domestic and
foreign investments.
He added that, in coordination with the FRA, the ministry is
also working to support the government’s plans to increase private sector
participation by intensifying promotion efforts and attracting new offerings
from both private and state-owned companies, which would help increase
liquidity and diversify the investor base.