02/24/2026 | News release | Distributed by Public on 02/24/2026 01:49
Egyptian Exchange Posted
The Egyptian Exchangehas successfully met the minimum quantitative requirements set by FTSE Russellto maintain its classification within the FTSE Emerging Markets Index, marking an important milestone in Egypt's continued efforts to strengthen its standing in global capital markets.
According to the announcement issued on February 20, 2026, the Egyptian market satisfied the minimum requirement for the number of eligible companies necessary to preserve its emerging market status under FTSE Russell's methodology. The review confirmed that, as of the close of trading on December 31, 2025, two Egyptian-listed companies met the quantitative criteria - including market capitalization, liquidity, and free-float thresholds - compared to only one qualifying company in December 2024 and June 2025, which represented the minimum threshold required under the index methodology.
Among the qualifying companies is Talaat Moustafa Group, whose market capitalization reached approximately USD 3.46 billion at the end of 2025 and increased to USD 3.92 billion as of February 22, 2026. Commercial International Bankalso met the required criteria, recording a market capitalization of approximately USD 9.58 billion as of the same date. Current market indicators further suggest that an additional company is strongly positioned to meet the quantitative requirements, which would further enhance the stability of Egypt's emerging market classification.
This development comes amid strong performance by the Egyptian capital market in 2025. Total market capitalization increased by 38.2%, alongside notable improvements in liquidity levels and free-float ratios. These indicators reflect greater market depth and a broader base of companies aligning with internationally recognized standards.
The FTSE Emerging Markets Index is regarded as one of the leading global benchmarks tracking emerging capital markets. It serves as a reference for numerous international institutional investors and investment funds - particularly across Europe and the United Kingdom - many of which allocate capital based on index inclusion and weighting.
Egyptian authorities emphasized that maintaining emerging market classification aligns with national efforts to improve Egypt's ranking in international indices and enhance its attractiveness to long-term foreign investment. In addition to meeting quantitative thresholds, the Egyptian Exchange confirmed continued compliance with qualitative emerging market standards, including trading and settlement efficiency, regulatory transparency, investor protection frameworks, ease of capital entry and exit, development of derivatives markets, activation of securities lending and short-selling mechanisms, and adherence to governance and disclosure best practices.
This achievement reinforces the resilience and competitiveness of Egypt's capital market within the regional landscape and supports sustained international investor confidence. By preserving its emerging market status, Egypt safeguards continued access to global capital flows and strengthens its positioning among leading emerging economies.