Major real estate company expected to list on EGX within weeks

Cairo – January 13, 2025: The Egyptian Stock Exchange (EGX) is gearing up for an important new listing, with a prominent private sector real estate company set to be listed in the coming weeks, as revealed by Ahmed El-Sheikh, Chairman of the EGX, in a recent interview.

Additionally, the exchange will debut another index combining sustainability and Sharia compliance in the first half of the year.

This upcoming listing will complement another expected offering, previously disclosed by the Chairman of Al Ahly Sabbour Real Estate Development.

The new listings are part of a broader strategy to attract more investments and enhance Egypt’s position as a competitive player in global markets.

El-Sheikh emphasized the importance of these listings for bolstering market liquidity, noting that the EGX is also preparing to launch a new sustainability index in mid-2025.

In addition to the real estate sector, the EGX is planning to list up to 10 companies in 2025. Among these, 4 companies are owned by the military, which will diversify the range of sectors represented on the exchange.