Egypt’s Prime Minister Dr. Mostafa Madbouly chaired a meeting on Monday evening at the government headquarters in the New Administrative Capital to review plans for expanding the listing of government-owned companies on the Egyptian Exchange (EGX) as part of the state’s Government IPO Program.
The meeting focused on preparations for new public offerings scheduled for 2026, and was attended by Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority (FRA), Dr. Islam Azam, Chairman of the Egyptian Exchange, and Mohamed El-Sayyad, Deputy Chairman of the FRA.
Expanding Government IPOs in 2026
According to Mohamed El-Homsany, official spokesperson for the Cabinet, the meeting reviewed the latest developments related to the government’s plan to expand listings on the Egyptian Exchange next year.
El-Homsany stated that 2026 is expected to witness an increase in IPO activity, driven by improving investor appetite and the diversification of targeted sectors. He added that a group of state-owned companies is currently being prepared for listing, paving the way for their eventual public offering.
Legal Reforms and Market Efficiency
The Cabinet spokesperson noted that discussions during the meeting also covered a number of legislative reforms aimed at revitalizing financial markets and increasing market capitalization.
In parallel, the government is working on implementing a package of procedural and regulatory measures designed to enhance trading efficiency, improve market liquidity, and boost overall trading volumes on the Egyptian Exchange.
The government IPO program is a key pillar of Egypt’s economic reform agenda, aimed at attracting investment, strengthening private-sector participation, and deepening the country’s capital markets.
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