Egypt Bourse Chief highlights Listing of New Companies in Stock Market

Egyptian stock Exchange (EGX)’s chairman lauded on Thursday a role played by the bourse’s administration to list new companies in the market.

“This comes as part of EGX’s effective contributions to boosting the Egyptian economy,” Mohamed Omran said in a press conference to mark the start of Edita Food Industries’ speculation in the bourse.

Omran added that the 2-billion-pound capital which Edita Food Industries paid to be listed in the Egyptian Exchange is the biggest since 2007.

Omran noted that six companies were listed in the EGX since the start of this year versus 18 companies past year.

Source: MENA & Egypt State Information Service