EGX Listed Companies Required to Provide Detailed Auditor Reports Starting 2027

Egypt is moving to tighten financial discipline across its capital markets by obligating all publicly listed companies on the stock market (EGX), as well as large public-interest entities, to issue a comprehensive auditor’s report beginning January 2027. 

The measure, officials say, is designed to strengthen market transparency, elevate disclosure standards, and attract more foreign investment into the country’s financial system.

The decision follows a recent decree issued by Prime Minister Mostafa Madbouly introducing updated Egyptian standards for audit, financial review, and oversight of non-bank financial markets. It marks the first major overhaul of audit requirements since 2008.

A senior official at the Financial Regulatory Authority (FRA), speaking to Asharq on condition of anonymity, said the enhanced reporting framework “will significantly bolster transparency and disclosure, giving investors a clearer picture of the financial health and risk exposure of Egypt’s listed companies.”

Under the new rules, auditor reports must provide detailed insights into key components of company operations, including: revenues and costs, Sales and production data, business continuity assessments, and operational and financial risk exposures, as well as management’s responsiveness to identified risks.

The regulator indicated that advanced technologies, such as data-analytics tools and electronic audit systems, will play a greater role in ensuring report accuracy. Audit firms will also be required to strengthen internal quality-control mechanisms.

“These detailed reports will become a vital reference for both local and international investors as they evaluate the reliability of financial information provided by Egyptian companies, especially as more Egyptian firms expand abroad,” the FRA official said.

In addition to exchange-listed firms, the requirement will extend to “public-interest entities”, large companies whose operations could exert a meaningful impact on the national economy or financial stability.

The regulator plans to release a full list of these entities, including clearer thresholds for capital size, in the coming period to ensure comprehensive compliance.