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Bloomberg praises strong performance of EGX

Businessmen Team news 17 February 2026 05:20 PM
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Bloomberg praises strong performance of EGX

Bloomberg has praised the positive indicators recorded by the Egyptian economy in recent months.

According to the Egyptian Cabinet Media Center on Tuesday, Bloomberg reported that the Egyptian Exchange (EGX) delivered returns of 50 percent for dollar investors in 2025. The report attributed this performance to government measures aimed at boosting private sector activity, cutting debt servicing costs, and curbing inflation. These steps also strengthened the market’s appeal to foreign investors.

Bloomberg said that the recovery of foreign currency liquidity and the stabilization of the exchange rate led to a sharp rise in foreign investor participation on the EGX. Foreign transactions accounted for 14 percent of total trading volume in February 2026, compared to 5.5 percent in 2025.

The report added that last week’s interest rate cuts by the Central Bank of Egypt (CBE) reinforced the optimistic sentiment that has prevailed for more than a year. The move pushed the main index to surge by more than 5 percent in just two days.

Bloomberg also noted that Egyptian officials are working to enhance the attractiveness of the local market through new measures. These include the launch of derivatives trading, scheduled to take effect next March. The step has contributed to stimulating demand for initial public offerings (IPOs).