President of the Egypt Stock Exchange for Al -Sharq: including a major real estate company this month

The Egypt Stock Exchange is preparing this month to register a ‘large’ real estate company from the private sector, according to Ahmed Al -sheikh, head of the stock exchange in an interview with ‘Al -Sharq’. The inclusion of the new real estate company comes to another possible proposal revealed by the Chairman of the Board of Directors of “Al -Aahly Sabour for Real Estate Development”, in a previous interview with “Al -Sharq”, suggesting that the presentation of between 20% and 25% of its shares to the Egyptian Stock Exchange was the presentation of the upcoming period. 2025. The sidelines of the annual conference of the stock market in the city of Ismailia, Eastern Caito, that it will be launched. A new indication of sustainability in the middle of this year, in addition to another index that combines sustainability and Sharia during the first half. Last June, the Egyptian Stock Exchange launched an indication of Islamic legislation that included 33 businesses whose financial and accounting activities and accounting conditions are compatible with the terms of Islamic Sharia, led by the part of the ‘Talate Mustafa Holding’ group, the largest real estate development business in Egypt, which accounts for 15% of the new index. 11 new lists aimed at the Egypt Stock Exchange, and according to the Sheikh, have enrolled more than 11 companies, saying: “We hope for great stock exchange proposals during the year.” Egypt plans to launch at least ten businesses during the year 2025, according to Prime Minister Mustafa Madbouly who was unveiled at a press conference in December last year, adding that among the offered by the hosts offered by the army. The proposals vary between direct investment and the stock exchange, and the banks of Alexandria and Cairo will include similar to the United Bank in the coming period, according to the Premier, as well as the launch of ‘National’, ‘Safi’, ‘Shell Out’ and ‘Silo’ of the army on the stock exchange in the mid -next year. In the first quarter of 2023, the Egyptian government launched a program to launch quotas at 40 companies and banks spread to 18 sectors to March 2024, and it was expanded to December 2024. 7 companies that increase their capital. The head of the stock exchange added: “In principle, we agreed with 7 businesses on the stock exchange, the current capital of which is less than 100 million pounds to increase the current minimum (from a total of 40 companies currently limited).” AL -SHARQ published in October last year that the Egyptian Stock Exchange is considering starting a new index combining sustainability and Islamic law while working to increase the capital of companies in the main market less than 100 million pounds in a year, to attract liquidity and attract segments from new investors, The most important market for the Egypt Stock Exchange contains about 40 companies whose capital is less than 100 million pounds, including businesses, “Domati”, “Egypt for free markets”, “Arabic medicine”, “Alexandria Medicines” and “Arab aluminum”. In his conversation with Al -Sharq, the Sheikh explained that the net transactions of Non -Gyptians on the stock exchange during the first week in January were an improvement, in the hope that it will continue to stabilize the exchange rate and improve economic conditions. The main points in the Egyptian Stock Exchange Annual Report: The performance of the ‘EGX 70 EWI’ index for small and medium shares exceeded all the indicators of the Egyptian Stock Exchange and achieved returns by 48.77% over the past year, according to the Egyptian Stock Exchange. The most important stock exchange index achieved a yield of 19.47%over the past year, while the ‘EGX30 -covered’ index achieved a return of about 22%, and Islamic law achieved an increase of about 36.62%. The Egyptian Stock Exchange is considering starting a new indication of low price fluctuations, except for a sustainability index for businesses that are compatible with the principles of Islamic legislation, and amend the current sustainability index, according to the strategy to develop the Egyptian Stock Exchange, according to the report. The number of new investors on the Egyptian Stock Exchange has dropped by about 40% to 230.5 thousand over the past year compared to approximately 385.6 thousand investors in 2023. The stock exchange is studying the circulation of international certificates for renewable energy within the voluntary carbon market. While 5 operations with a total of 5000 certificates have been performed since the inauguration of the market last August last year. At the level of trade, 14.3 billion pounds reached a total value during 2024 with an annual return of 19.47% on the EGX30 index, while the market capital of the stock exchange was 2,17 billion pounds, an increase of 450 billion pounds compared to the first year. Foreigners recorded net purchases in treasury bonds of 215 billion pounds during the year 2024, equivalent to approximately $ 4.3 billion, and about $ 484 Treasury purchases, approximately $ 9.6 billion over the past year.