3 new businesses requesting their registration on the Egypt Stock Exchange
3 Companies have recently been registered on the Egyptian Stock Exchange, one of which is the ‘Bunyan’ company for development and trade, which is in the final registration phases, in addition to two companies from the medium and small businesses, according to Ahmed Al -Sheikh, chair of the Stock Exchange Board. The inclusion of the new real estate company arrives at another possible proposal revealed by the Chairman of the Board of Directors of “Al -Ahly Sabour for Real Estate Development”, in a previous interview with “Al -Sharq”, suggesting that the offer of between 20% and 25% of its shares was in the coming period. of a start of an interview at the beginning of 2025. -Sharq “, on the sidelines of an efficiency of financial awareness held by the stock market in collaboration with the Ministry of Youth and Sport, the market hopes to continue with registration activities during this year, especially from the government proposal and of companies with great capital, in a way that contributes to the improvement of the Market and Foreigners, attract Read more: The President of the Egypt Stock Exchange for Al -Sharq: The inclusion of a large real estate company this month that targets the Egypt Stock Exchange, more than 11 companies, according to previous statements by the Head of the Stock Exchange of Al -Sharq, and adds: ” to launch at least ten companies, according to Prime Minister Mustafa Madbouly, which was unveiled at a press conference in December last year, adding that among the offered by the hosts offered by the army. The recycling of registration rules studies the stock exchange in coordination with the Securities Authority to reach out to the registration rules in a way that contributes to the development of registration operations and the conservation of large listed businesses and the development of their performance, to improve the financial market activity, according to Sheikh, (Check on white companies) was the goal of making a bigger space the stock exchange. The Sheikh took note of the success of the awareness and financial cultural programs offered by the Egyptian Stock Exchange, especially among the small age groups, as “the youth group between 18 and 35 years became the most active in the Egyptian financial market.” 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.