As part of The Egyptian Exchange’s (EGX) ongoing efforts to enhance communication with listed companies and further develop the Small and Medium Enterprises (SMEs) Market, The EGX held an extensive meeting with the senior executives of companies listed on the SME Market, at the EGX headquarters on Monday, June 30, 2025.
The meeting - which witnessed the participation of the majority of SME’s listed companies - focused on addressing the key challenges these companies face and exploring potential solutions to help them comply with listing rules. The primary objective is to empower these companies to achieve sustainable growth rates and ultimately transition to the main market.
During the meeting, EGX management emphasized that the SME Market serves as a vital platform for supporting promising companies with strong growth potential. Listing in this market acts as an intermediary phase, enabling companies to access the necessary funding for expansion and development. This supportive framework has already facilitated the successful transitioned of several companies from the SME Market to the main market in recent periods.
The meeting also included a discussion of the companies’ proposals and their perceived challenges, as part of a broader public dialogue aimed at improving the SME Market business model and encouraging more companies to list.
Ahmed El-Sheikh, Chairman of The Egyptian Exchange, stressed the importance of companies submitting forward-looking plans to align with listing requirements, especially those listed for more than three years. He urged companies to consider increasing their capital to enhance financial performance, which would positively reflect on trading activity.
El-Sheikh added: EGX encourages companies to develop clear timelines for generating operational revenues from their core activities, thereby boosting income and financial resilience. He also highlighted the need to address existing funding gaps in some companies as a necessary step to ensure their long-term financial stability.
Heba El-Serafy, Vice Chairman of The Egyptian Exchange, emphasized the importance of companies following through on the implementation of their declared plans; both to comply with governing regulations and to maintain their credibility in the market. She added that companies’ commitment to applying sound governance principles significantly supports their long-term sustainable growth.
These efforts align with Target No. (16) of EGX’s strategy, which aims to enhance the efficiency of the SME Market and solidify its role as a key catalyst in transforming emerging businesses into strong and sustainable enterprises.
