The Egyptian Exchange (EGX) is a well-regulated market for trading financial instruments, governed by a set of legal, regulatory and supervisory rules, which covers the issuance process, listing, delisting, offering, disclosure, trading, and transfer of ownership, clearing, settlement and other related transactions.

The legal framework of the Egyptian capital market is governed by several legislation that aim to supervise the market to protect the enhance investors protection and provide fair, transparent and efficient market.

Main legislation include: The Capital Market Law No.95 of 1992 and its Executive Regulations and Decisions issued in implementation thereof, the Central Securities Depository and Registry Law No.93 of 2000 and its Executive Regulations.

It also includes a number of laws related to the Companies Law No.159 of 1981, its Executive Regulations, and the Investment Law No.72 of 2017, and its Executive Regulations. This in addition to FRA Board of Directors’ decisions, which include the Listing and Delisting Rules on EGX and its amendments. Membership and trading rules issued by EGX Board of Directors and approved by FRA.

Above rules and regulations are continuously being updated to ensure the adoption of the latest international regulatory standards and enhance the investor protection and confidence in the Egyptian capital market.

The legal framework of the Egyptian Exchange is as follows: