Egypt's capital market has emerged amongst the growing markets in the Middle East and North Africa (MENA) region, thanks to the successful first phase of the financial reform program endorsed by the Ministry of Investment. This enabled the market to play an effective role in mobilizing and directing savings to investments that supported companies to finance their investments and expansions. 

Furthermore, this market has witnessed a remarkable development of its governing legislation over the past five years. This period introduced the introduction of new trading mechanisms, including margin trading and short selling, as well as creating new financial instruments including securitization bonds and Exchange Traded Funds (ETFs). On the other hand, legislation and regulations have been updated to protect investors, especially small ones, and raise levels of transparency and disclosure.
 
The Egyptian Exchange is one of the deepest, most-liquid and open markets in the MENA region. The Ministry of Investment has revived the state-held asset management program and offered a number of public and joint venture companies, with an outstanding performance, leading to higher liquidity levels in the market. The Egyptian Exchange (EGX) has developed its infrastructure to absorb the increase in trading activity in the market during the past five years.  These developments led many international institutions to issue exchange traded funds on EGX 30 index, which include the most 30 active companies in the Egyptian market...Read more