Ahmed El-Sheikh, Executive Chairman of The Egyptian Exchange (EGX), opened the trading session on Tuesday, 22 July 2025, in attendance of Heba El-Serafi, EGX Vice Chairman, alongside Shamel Aboul Fadl -CEO and Managing Director, and Tarek Abdel Rahman- Managing Director of Bonyan for Development and Trade (BONY.CA). The bell-ringing ceremony celebrated trading commencement on the company’s shares on EGX’s main market, following its successful listing.
El-Sheikh congratulated Bonyan’s top management on the successful execution of the offering and the commencement of trading, stating: “EGX continues to streamline listing procedures and provide comprehensive support to companies throughout the process. As part of this effort, EGX’s IT team has developed and deployed a dedicated system to facilitate the private placement allocation process conducted through the OPR (Special Transactions System) across all brokerage firms. Additionally, in coordination with Misr for Central Clearing, Depository and Registry (MCDR), surplus funds were refunded to brokerage firms on the next business day following the subscription period.”
El-Sheikh further highlighted EGX’s ongoing strategy to attract ambitious and high-potential companies, enhance EGX’s financial instruments, and strengthen its appeal to both local and international investors, in alignment with the state’s broader objectives to support economic growth through capital market development.
From his side, Shamel Aboul Fadl, CEO and Managing Director of Bonyan, stated:
“The listing and trading of Bonyan’s shares on EGX is a major strategic milestone and a critical step in our growth journey. We are proud to contribute to the diversification and depth of EGX’s listed companies, offering more opportunities to investors. We extend our sincere appreciation to EGX, the Financial Regulatory Authority (FRA), and all relevant regulatory bodies for their constructive support throughout this offering. We value EGX’s continuous efforts to enhance market attractiveness and operational efficiency for both investors and issuers.”
Bonyan for Development and Trade (Ticker: BONY.CA) is an independent real estate investment company focusing on value creation through the acquisition and active management of commercial properties. The company offers tailored investment solutions for institutional and retail investors, seeking access to Egypt’s real estate market, through a professionally managed and diversified portfolio designed to maximize returns and mitigate risk.
Bonyan aims to deliver consistent returns to its investors by a combining capital appreciation with sustainable rental income while focusing on leasing to multinational and leading local corporations.
