Wednesday, April 22, 2026

Egypt’s Bourse Launches Major Tech Upgrade to Link Gold and Capital Markets

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The Egyptian Exchange (EGX) is undertaking a major technological overhaul to enable trading across multiple asset classes — including equities, bonds, derivatives, and other financial products, Chairman Islam Azzam announced during the World Federation of Exchanges (WFE) annual meeting.

Azzam said the EGX is also studying global best practices in gold trading and settlement as part of efforts to improve market efficiency and broaden the range of investable instruments. The initiative forms part of Egypt’s broader strategy to diversify and deepen its capital market, aligning with global standards.

The exchange aims to attract companies operating across the gold value chain — from mining and refining to jewelry manufacturing — to list on the market, creating closer links between the financial and real-economy sectors. This move is expected to expand the investor base, strengthen Egypt’s role as a regional financial hub, and increase value creation in the gold ecosystem.

Recent EGX data show that gold-investment funds surged 276 percent by September 2025, reaching EGP 3.16 billion with over 238,000 investors, reflecting strong retail interest in gold-linked assets.

The upcoming system upgrade — viewed as the most comprehensive in EGX’s history — is anticipated to boost liquidity, transparency, and product innovation, positioning Egypt’s bourse among the region’s most advanced exchanges.

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