What is Happening in the Egyptian Stock Market? A Sectoral Crisis or an Economic Mirror?

10-06-2019

Speakers

Hesham Tawfik, Heba El-Serafy, Hany Tawfik, Hany Berzi, and Ahmed Abou El-Saad

The Egyptian Stock Exchange is facing multiple problems related to direct investment, and lack of incentives for listing companies, which caused a drop in daily trading and in the number of listed companies as well as a decline in the market value of these companies as a percentage of GDP, weakening the capital market in Egypt as a whole. This seminar aimed to discuss the real reasons behind the weakening capital market in Egypt and whether they could be attributed to problems within the stock exchange itself or problems related to the economy as a whole.