Egypt's stock market (EGX) surged to historic highs in 2025, lifted by renewed investor confidence amid accelerating economic reforms, stable fiscal and monetary policy, and improving investment conditions, the Cabinet said in a statement Wednesday. The benchmark EGX30 Index — which tracks the 30 most liquid and actively traded companies — climbed 14.1 per cent year-to-date to reach 33,934.63 points as of July 15, up from 29,740.58 at the end of 2024. The EGX70 Index, which covers mid-cap stocks excluding EGX30 constituents, posted a stronger gain of 24.84 per cent, rising to 10,166.09 points from 8,143 over the same period. The broader EGX100 Index, which combines both EGX30 and EGX70, advanced 22.84 per cent to 13,780.13 points. The rally marks the strongest performance for the EGX30 since Egypt launched a new wave of economic reforms in March 2024, the Cabinet said, highlighting a sharp turnaround in investor sentiment and capital market activity. The government credited the gains to a combination of reform-driven momentum, policy clarity, and a more favorable investment environment that has drawn both domestic and foreign capital back into the market. Attribution: Amwal Al Ghad English
