The Egyptian Stock Exchange (EGX) is preparing for a significant new listing, with a major private sector real estate company expected to join the bourse in the coming weeks, according to Ahmed El-Sheikh, Chairman of the EGX, in a recent interview.

The listing of the new real estate company will add to another anticipated offering, disclosed earlier 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.

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

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.