EGX considers listing 6 new firms

Reuters/REUTERS

El-Sheikh highlighted that a Sharia supervisory committee has been formed to launch the Islamic Sharia-compliant index during the second quarter (Q2) of this year

Staff Writer, Arab Finance

May 7, 2024

PHOTO

The Egyptian Exchange (EGX) is considering listing six new companies, three of which to be listed on the main market, EGX’s Chairman Ahmed El-Sheikh told Asharq Business.

El-Sheikh highlighted that a Sharia supervisory committee has been formed to launch the Islamic Sharia-compliant index during the second quarter (Q2) of this year.

The index will comprise 30 to 40 companies, he added.

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