Egyptian Exchange (EGX)

Egyptian Exchange (EGX) is the principal registered Securities Exchange in Egypt. It was formerly known as Cairo and Alexandria Stock Exchange (CASE).

There are three types of securities traded on EGX: Equity / Shares (Common and Preferred), fixed income (Government and Corporate bonds) and Close-ended Mutual Funds. A close-ended mutual fund issues only a certain number of shares. The company is not obligated to redeem its shares or issue more shares.

The Egyptian Financial Supervisory Authority (EFSA) is responsible for the supervision of non-bank financial markets and instruments, such as the Capital Market, the Derivative Exchange and all activities related to Insurance Services, Mortgage Finance, Financial Leasing, Factoring and Securitization.

To be listed on EGX, the issuer must fulfill certain legal and financial requirements as defined in the listing rules of the Exchange.

EGX is also committed to educating the public about the fundamentals of capital markets in general, including investment in stocks, bonds and mutual funds; why companies list on EGX; how to choose a broker and more.

* Next: Stock Brokers in Egypt
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