Islam Azzam, the new chairman of the Egyptian Stock Exchange, stated that the upcoming period will see an acceleration in strategic initiatives including the introduction of financial derivatives, activation of the market maker mechanism, and securities lending for short selling. This is part of the stock exchange’s vital role in supporting economic growth by providing innovative financing and investment solutions that help companies expand and offer investors diverse options. Azzam emphasized continuous dialogue with market participants to enhance market efficiency and competitiveness, alongside ongoing coordination with the Financial Regulatory Authority to strengthen the capital market system. He also highlighted efforts to attract more private companies for listing and offering to boost market liquidity and support the government’s policy to expand private sector participation in the economy.

He assured that trading activities are fully subject to supply and demand forces and that no restrictions will be imposed that could limit market activity or growth, while fully protecting the rights of good-faith traders and taking necessary actions against violators in coordination with financial oversight.