Getting Started with the Egyptian Stock Exchange

The Egyptian Exchange (EGX) is one of the oldest stock markets in the Middle East, offering opportunities for local and international investors.

Understanding the EGX

The EGX operates two main indices:

• EGX 30: The benchmark index tracking the top 30 companies
• EGX 70: Tracks the next 70 most liquid stocks

Opening a Brokerage Account

Requirements:

1. Valid Egyptian national ID or passport
2. Proof of address
3. Bank account in Egypt
4. Minimum deposit (varies by broker)

Recommended Brokers:

• EFG Hermes
• Pharos Securities
• HC Securities

Trading Hours

The EGX operates Sunday through Thursday:

• Pre-opening: 9:30 AM - 10:00 AM
• Trading: 10:00 AM - 2:30 PM

Types of Orders

1. Market Order: Execute immediately at current price
2. Limit Order: Execute only at specified price or better
3. Stop Loss: Automatic sell if price drops to certain level

Regulations & Taxes

• Capital Gains Tax: Currently suspended for individual investors
• Dividend Tax: 10% withholding on dividends
• Trading Fees: Approximately 0.4% per transaction

Getting Started Checklist

• [ ] Research Egyptian companies and sectors
• [ ] Choose a reputable broker
• [ ] Open and fund your account
• [ ] Start with small positions
• [ ] Monitor your investments regularly

Popular Sectors in Egypt

1. Banking: Commercial International Bank (CIB), EFG Hermes
2. Real Estate: Talaat Moustafa Group, Palm Hills
3. Consumer Goods: Juhayna, Edita Food Industries

---

Disclaimer: Regulations and fees may change. Always verify current requirements with your broker.