The Egyptian Exchange (EGX) Fulfills FTSE Russell Emerging Markets Index Criteria

Within the framework of continuous efforts exerted to achieve the political leadership’s vision to improve ranking of Egypt in the international indicators, and attracting foreign investments, FTSE Russell announced on February 20, 2026, that The Egyptian Exchange meets the required number of companies that maintain its classification as an emerging market. This is part of the strategic coordination between Ministry of Investment and the regulatory entities to develop infrastructure of the capital market and enhance its international attractiveness.

The review confirmed that EGX met the required number of companies maintaining its classification among emerging markets by the end of the session of December 31, 2025. As the number of companies meeting the quantitative criteria reached two by the end of December 2025, compared to one company by the end of December 2024 and June 2025 (which is the minimum requirement as per the Index methodology).

The market witnessed joining Talaat Mostafa Group with market capitalization equivalent to US$3.46 billion by the end of year 2025, which increased to US$3.92 billion by the end of the session on February 22, 2026. Besides The Commercial International Bank (CIB), whose market capitalization reached US$9.58 billion in the same session. Meanwhile the current indicators pointed out the presence of another company strongly recommended to meet the quantitative criteria, which enhances stability of Egypt’s classification as an emerging market and limits the fluctuation risks related to the minimum level.

This development comes amidst the strong performance of the market during 2025, represented in 38.2% growth in market capitalization, in addition to significant improvement in the liquidity and free float ratios, which reflects increasing the market’s depth and expanding the base of qualified companies as per the accurate evaluation of international standards.

The FTSE Russell emerging markets Index is considered one of the most prominent International indices covering emerging financial markets. It has a significant importance for International funds and investment portfolios, especially European and British ones, being a key benchmark for major International investment institutions and banks.

EGX highlights continuity of meeting the full qualitative standards of emerging markets, including efficiency and development of trading and settlement systems, transparency and fairness of the regulatory and supervisory framework, as well as easy entry and exit of foreign investments. Besides development of financial derivatives market, and activating the short selling, and commitment to disclosure and governance standards as per the best international practices.

From his side, Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade emphasized that EGX maintaining its rank is a direct result of the political leadership’s vision to enhance the rank of Egypt in the international indicators, increasing attractiveness of the market for long term foreign investments.

In the same context, Dr. Islam Azzam, EGX Chairman, highlighted that meeting the quantitative and qualitative requirements reflects strength of the listed companies and their ability to achieve liquidity standards, market value, and free float as per regulated international standards.

He highlighted the continuation of cooperation with The Ministry of Investment as well as The Financial Regulatory Authority to deepen and expand the base of financial instruments, to enhance competitiveness both regionally and internationally, establishing EGX position among outstanding markets.

This development reinforces the status of The Egyptian market as one of the most stable markets in the region, enhancing the trust of international investors, and supporting sustainable capital flow, proving commitment of Egypt to its national vision of improving its rank in the international indices.