The Egyptian Stock Exchange (EGX) has unveiled its first-ever mobile application, aiming to bring market information closer to investors and the general public.
The app, called The Egyptian Exchange, is available in both Arabic and English and represents a significant step in modernizing the country’s financial infrastructure.
According to an official EGX statement, the mobile platform will initially provide market news, data on listed securities, summaries of major indices, and notable market movements.
Currently in beta on the Google Play Store, users are encouraged to explore its features and offer feedback.
The iOS version is yet to be released.
The launch reflects the EGX’s broader strategy to increase transparency, enhance accessibility, and attract a wider range of investors.
The exchange lists several hundred companies, with its flagship EGX 30 index tracking the 30 most active stocks on the market.
The Egyptian Stock Exchange has recently recorded a market capitalization of approximately 2.5 trillion Egyptian pounds, or roughly €50 billion.
Analysts note that this figure reflects a combination of rising stock valuations, inflation, and the depreciation of the Egyptian pound.
“The mobile application is designed to modernize the EGX’s image and to encourage individual participation in the market,” the statement read.
Financial experts highlight that stock market participation in Egypt has traditionally been limited, with savings often channelled into real estate or gold rather than equities.
By launching a mobile platform, the EGX hopes to cultivate a more active investor base and improve public engagement with the country’s financial markets.
The move also signals an increasing emphasis on digital solutions in Egypt’s economic policy, aligning with global trends where real-time access to market data is becoming essential for investors of all sizes.
The introduction of The Egyptian Exchange app marks a notable milestone for the Cairo Stock Exchange, offering a modern, user-friendly tool for tracking market trends and participating in the financial sector more effectively.
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