The Egyptian Exchange (EGX) is considering launching a new index that merges sustainability and Islamic Sharia principles, along with efforts to raise capital of listed companies valued below EGP 100 million within a year, EGX Chairman Ahmed El-Sheikh told Asharq Business.

EFG Hermes, the investment arm of EFG Holding company, is looking forward to advising on four initial public offerings (IPOs) in the Saudi Exchange (Tadawul), set for launch before the end of this year, the company’s Co-CEO Mohamed Ebeid told Asharq Business.

Egypt is gearing up to allow individuals to buy and sell government treasury bills (T-bills) through brokerage companies within the next three to four months, the Egyptian Exchange's (EGX) Chairman Ahmed El-Sheikh told Asharq Business.