Dr. Isalm Azzam, EGX Executive Chairman opened today’s trading session in the presence of Lieutenant General Eng. Kamel Elwazir, Deputy Prime Minister for Industrial Development, Minister of Industry, and Transport; Dr. Rania Elmashat, Minister of Planning, Economic Development, and International Cooperation; Eng. Hassan Elkhatib, Minister of Investment, and Foreign Trade; Dr. Sherif Farouk, Minister of Supply, and Internal Trade; Dr. Mohamed Farid Saleh, Chairman of Financial Regulatory Authority (FRA); Mr. Maged Shawky, Chairman of Egyptian Transport and Commercial Services Company (Egytrans); besides government leaders and top management of FRA, EGX, and Egytrans; along with a group of prominent economists and public figures. The event was to celebrate the official launch of the integrated group between “Egyptian Transport and Commercial Services Company (Egytrans), and the National Offshore & Shipping Company (NOSCO)”, following the acquisition of 99.9% of NOSCO shares by the former.
In his speech, Dr. Islam Azzam sincerely congratulated the management of Egytrans for this strategic decision, wishing them continued success. He pointed out the importance of benefiting from the advantages of listing, as listing on the stock market provides mechanisms for growth, expansion and strengthening competitiveness. Besides the ability of the market to accommodate merger and acquisition, opening new horizons for growth and innovation.
Azzam explained that EGX continues to work to enhance its position as one of the pillars of national economy, currently including 250 listed companies divided upon 18 sectors with total market capitalization of approximately EGP 2.9 Trillion. He added that the total market capitalization recorded an increase of around 39% since beginning of the year, which represents around 16% of GDP as per the latest announced figures.
EGX Chairman also highlighted the growing role of “transport and shipping” sector within the national economy. He explained that “Transport and shipping services” sector at EGX includes maritime transport companies, with the shares of 6 companies, of which 3 companies are temporarily listed and haven’t started trading yet. He clarified that the total market capitalization of these 3 companies reached approximately EGP 86.2 billion, with an increase of more than 12% since beginning of the year, representing around 3% of the total market capitalization of EGX. Also index of “transport and shipping services” sector increased more than 16% since beginning of 2025.
Azzam explained that the three companies, on which trading didn’t start yet, represent an encouraging and promising investment opportunity. Being large companies and having geographical diversity, which enriches sectoral and geographical variety of listed companies as spreading their services across several governorates nationwide.
Azzam added that the figures and indicators of year 2025 reflect a lot enhancing the position of EGX: as 7 new companies were listed (of which 5 on the main market, and 2 on SMEs market), and two companies transited from SMEs market to the main market. Also 60 of the listed companies increased their market capitalization around EGP 66 billion. It is worth mentioning that 80 companies distribute total cash of approximately EGP 73 billion.
As for trading during year 2025, the average daily trading value reached EGP 4.5 billion (noting that daily trading value exceeded EGP 6 billion during the latest months), whereas the daily average traded volume increased to reach around 1.6 billion securities, with a growth percentage exceeding 57% compared to year 2024. Also the average daily number of transactions exceeded 113,000, whereas the average daily number of investors trading in a single session reached 27000 investors. EGX continued its efforts attracting new investors, increasing the average daily number of new investors to 1157 clients, with growth rate of 22% over last year.
Azzam said that obvious reflection of successful promotional efforts of EGX is the number of new registered clients that exceeded 40,000 during November of this year, compared to around 19,000 during January of the same year, representing 112% growth rate.
Also EGX Chairman highlighted the advantages offered to listed companies emphasizing continuation of efforts, in full collaboration with FRA and all concerned entities, to achieve future targets broadening horizons of growth and sustainable development enhancing competitiveness of the market among the regional level.
Finally, EGX Chairman thanked the attendees, wishing continued success and progress to all members of the stock market: individuals and institutions, contributing to enhance national economy and supporting our journey towards further advancement and prosperity.
From her side, Dr. Rania Elmashat, Minister of Planning, Economic Development and International Cooperation and Chairman of the board of National Investment Bank, emphasized that what is happening today is more than just an investment and acquisition, it’s rather a reflection of the great efforts exerted by different entities in terms of structural reforms stimulating investment and business environments. It also reflects the great efforts of Egypt since 2014 to develop transport, logistics and storage sectors, which improved our ranking in competitiveness indexes opening opportunities for private sector to expand its business and increasing the contribution of transport and storage sector to GDP.
Dr. Rania Elmashat explained that all these developments reflect transformation of the Egyptian national economy to a model established on productivity, exportation and empowering private sector, leading to economic development and sustainable growth. She added that GDP growth showed significant increase in private investments relative to total investments, which proves confidence of the private sector and effectiveness of the implemented reforms.
She continued saying that: reducing the share of National Investment Bank also comes as part of government efforts to restructure the bank enhancing its investment role. She explained that since its establishment in 1980, the bank has been and still one of the fundamental pillars of national economy. It finances investment projects listed in the development plan monitoring their implementation on the ground, enhancing efficiency of public spending, and handling obstacles that may affect projects execution. She thanked Mr. Ashraf Negm, Managing Director of the bank as well as the bank teamwork for their continuous efforts to maximize returns on assets and investments.
Dr. Mohamed Farid, Chairman of Financial Regulatory Authority (FRA), delivered a speech emphasizing that this deal is not merely investment and acquisition, but it’s a clear proof of the efforts exerted by FRA and all the concerned entities in implementing structural reforms enhancing investment climate and business environment. He added that the deal is an obvious model of the growing role of the capital market enhancing capabilities of the companies to expand and improve their competitiveness entering new stages of growth. He pointed out that the market became a main platform supporting economic entities and providing various paths for financing and development. This reflects the unpreceded development achieved since 2014 in the sector of transport, logistics, and storage, which contributed to improving the rank of Egypt in competitiveness indicators opening broader horizons for private sector to expand.
Dr. Farid praised what the state achieved during the recent years as unprecedable achievements in projects of infrastructure led by His Excellency Lieutenant General Kamel Elwazir. He emphasized that these projects are the cornerstone for the current renaissance witnessed in transport and shipping sector in general, which reflected on this sector in the Egyptian Exchange.
He explained that the comprehensive development of road network, ports, and logistics zones, not only contributed to facilitating trade movement and improving supply chain efficiency, but also opened wider horizons for industrial and investment growth, enabling companies to expand and enhance their competitiveness among local and regional markets.
FRA Chairman pointed out that this deal is considered the result of the efforts of developing and regulating listing rules in the capital market, which align with the national directions of enhancing the role of the private sector, improving business environment, supporting more sustainable economic activities, ensuring benefiting all categories from results of development.
Dr. Farid explained that world’s economy witnessed rapid changes that require continuous readiness and flexible visions to protect future of countries and companies. He emphasized that the capital market became more than just a platform for trading securities, it became a comprehensive empowering system providing stability and supporting expansion establishing governance and transparency rules, besides its role in attracting investments and benefiting from taxes incentives for listed companies.
He added that the capital market is not just to serve companies, but also it represents a main tool for protecting citizens’ future through gradual savings and disciplined investment, benefiting from a wide variety of investment tools provided by FRA including: equity, gold, real estate funds, exchange traded funds (ETFs), private equity, venture capital funds and special purpose acquisition companies (SPAC’s), all being managed through licensed investment managers to ensure the highest level of protection for savings.
Dr. Farid highlighted the great importance of increasing the number of listed companies being one of the main drivers for activating the market, referring to the regulatory reforms done during the previous period -of which is amending the listing, offering and trading rules as well as developing an integrated digital infrastructure- to attract more companies and enhance the market efficiency.
He also explained that the coming period will witness introduction of new mechanisms and tools to boost liquidity and activity including: financial derivatives, margin trading and market maker.
FRA Chairman affirmed that the market’s performance during the recent period reflected success of the exerted efforts, as the stock exchange recorded increase in market value, a notable increase in the number of new investors, and the number of listed companies improving market capital. Besides development of trading volumes and values, which enhances the role of the capital market in supporting economic growth, protecting savings and strengthening sustainable development.
Dr. Farid concluded his speech emphasizing that the non-banking financial services system with capital market on top, operates according to two main objectives: enabling citizens to invest building a more stable financial future through accumulative savings; securing lives of Egyptian families creating a genuine middle class. He stressed that today all the tools of the non-banking financial sector are integrated to achieve one target, which is providing a safer, more stable, and flexible life for every citizen.
In his speech, Eng. Hassan Elkhatib, Minister of Investment and Foreign Trade, emphasized that the obvious development of The Egyptian Exchange reflects the ability of the Egyptian financial market to present modern financial mechanisms. He explained that these changes support companies in their plans for growth and increases the efficiency of the financial market system.
Elkhatib added that Egypt is moving with rapid steps to strengthen the institutional framework of the financial market through developing rules and tools that enhance investment attractiveness.
The minister pointed out that EGX is considered an honest mirror of economy, and that its improvement reflects the strength of the current economic trends. He explained that the government works according to four main policies including: the fiscal policy, monetary policy, trade policy and state ownership policy.
Elkhatib added that the ongoing development represents a qualitative revolution in the path of updating the financial market, and Egypt is clearly working on a strategic goal to be among the top 50 countries globally on the financial markets and economic competitiveness indicators, considering this goal as being already ongoing. He pointed out that the comparative international experiences showed Egypt is moving in the right direction with advanced rates.
Eng. Elkhatib, Minister of Investment and Foreign Trade, concluded his speech congratulating the new board of The Egyptian Exchange, praising their role in enhancing the market efficiency and supporting reforms, which contribute to serving national economy strengthening its role in attracting financial capitals.
Mr. Maged Shawky, Chairman of Egytrans stated that: “today we start a new phase in Egytrans journey transforming unified entity into a comprehensive platform for transportation and logistics solutions, capable of efficiently and innovatively meeting the needs of local and regional markets. This merge reflects our commitment to leadership and enhances our competitive capabilities in the market exceeding EGP 130 billion annually. Merging the expertise of NOSCO in heavy transport and projects with Egytrans multi- service, will provide comprehensive logistic solutions, enhancing operational efficiency, maximizing resource utilization to capture rapid growth opportunities achieving added value for our clients and shareholders.
Shawky added that “Egytrans is not only limited to local success, but also would place Egypt at the heart of regional logistics network benefiting from the great transformation in the sector of transport and logistics services. The unified entity is a launch of enhancing innovation, driving sustainable growth and deepening operational integration supporting state’s goals of vision 2030”.
Shawky added “launching the integrated group marks the start of a broader ambitious stage of regional expansion, increasing operational capabilities, and providing comprehensive sustainable logistics solutions, enhancing efficiency and modern technologies in supply chain management”.
