| Name | Egyptian Exchange |
| Country | Egypt |
| Number of listed companies | 242 |
| Domestic market capitalization | 35,111 million US$ |
| SSE Partner Exchange | Yes |
| Has annual sustainability report | Yes
In 2016 EGX, in collaboration with its Sustainability Advisory Committee (SAC) introduced the first annual sustainability report in accordance with the Global Reporting Initiative (GRI) G4 Standards (source).The latest Sustainability report is from 2021 in Arabic |
| ESG reporting required as a listing rule | Yes
- In 2021, FRA issued resolutions requiring companies listed on the Egyptian Stock Exchange to submit environmental, social, and governance disclosure reports related to sustainability (ESG standards) source
- Also, companies whose issued capital or net ownership rights are not less than 500 million Egyptian pounds and that are listed on the Egyptian Stock Exchange are required to complete disclosures related to the financial effects of climate change in accordance with TCFD source
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| Has written guidance on ESG reporting | Yes
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| Offers ESG related training | Yes
- 19 Sept 2018: the Egyptian Exchange (EGX) provided a training session for Federation of European and Asian Stock Exchanges (FEAS) members at EGX Smart Village premises on the importance of sustainability in stock markets, and how stock markets can raise the awareness of stakeholders about sustainability, and the importance of ESG reporting.
- June 2022: EGX provided training on Climate-related Financial Disclosures (TCFD recommendations) in collaboration with the SSE, CDP and IFC. (source)
- In 2022, EGX Sustainability Foundation and DCarbon Company, the regional representative of Global Reporting Initiative (GRI), agreed on a comprehensive training program for listed companies, on ESG & TCFD reporting, in accordance with international best practices in this regard. (source)
- In 2023, CFA Society Egypt launched the Certificate in ESG Investing, under the patronage of the Financial Regulatory Authority and the Egyptian Exchange (source)
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| Market covered by sustainability-related index | Yes
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| Has sustainability bond listing segment | No |
| Has SME listing platform | Yes
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| Women on boards mandatory minimum rule | Yes
- In 2021, the Egyptian FRA imposes that the EGX-listed and regulated companies should raise the percentage of women representation on their boards to 25% or have at least two females as members of the board. More info here.
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| Additional information | |
| Organizational model of stock exchange | - Governmental not for profit.
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| Regulatory bodies | - Egyptian Financial Supervisory Authority.
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| Regulatory model | Limited Exchange Self-Regulatory Organization (SRO) Model- The Egyptian Exchange has a basic level of regulatory authority when it comes to listing and market surveillance. However, the Egyptian Financial Supervisory Authority is the overall regulator for the stock exchange.
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| About the stock exchange | Location: Cairo, Egyp- The Egyptian Exchange is one of the oldest stock markets established in the Middle East. The Egyptian Exchange traces its origins to 1883 when the Alexandria Stock Exchange was established, followed by the Cairo Stock Exchange in 1903. (Source).
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