The Egyptian Exchange (EGX) dates back to more than 129 years. Alexandria Stock Exchange was officially established in 1883, followed by Cairo in 1903. The two exchanges were very active as one of the oldest Future Market dated 1940, ranked as the fith worldwide. Egyptian cotton was among other commodities at that time.
Nevertheless, the socialist policies adopted in the mid 1950 have led to a drastic reduction in activity on the stock exchange, which remained dormant during 1961 till 1992.
In an attempt to re-activate the market, the government opted for the public offering of the state owned enterprises through the privatization program, which provided the impetus for its revival. in 1997, The egyptian exchange (formerly known as Cairo & Alexandria Stock Exchange) started its modernization program in terms of legislation and infrastructure to keep abreast with globalization and internationalization.
Stocks, bonds and funds are traded on EGX. in addition to a number of structured products, issued by several international financial institutions.
Website: www.egx.com.eg
Market Regulator: Egyptian Financial Supervisory Authority (EFSA)
Founded: 1883
Currency: Egyptian Pound (EGP)
Clearing and Settlement: T+2
Trading session hours: 10:30 - 14:30 (GMT+2)
Main Index: EGX 30 Index
SME compartment: Nile Stock Exchange (NILEX)
Tax Rates: No taxes on dividends and capital gains.
Member of:
- African Securities Exchange Association (ASEA)
- World Federation of Exchanges (WFE)
- Sustainable Stock Exchanges Initiative (SSE)
- Arab Federation of Exchanges (AFE)
- Federation of European and Asian Stock Exchanges (FEAS)
- International Organization of Securities Commissions (IOSCO)
Annual Reports:
2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019
Contact:
4A, El Sherifien St., Postal Code 11513 P.O. Box 358 Mohamed Farid, Downtown, Cairo
Phone: (202) 23941900/ 23941901
Email: webmaster@egx.com.eg
