Cairo – Mubasher: Around 12 or 14 companies are anticipated to be listed in The Egyptian Stock Exchange in the coming period, said Mohamed Omran, EGX chairman.
EGX administration applies a flexible policy with listed companies that passed the deadline for completing their stock offerings
The Egyptian Exchange has lately allowed 15 new companies to join the trading floor. Domty, for instance, successfully floated a stake of 49% on Cairo bourse at EGP1.1 billion.
In January 2016, the president of Egypt announced that some state banks and companies are likely to start trading on EGX soon.
