EGX Rings the Bell with TAWASOA For Factoring Leaders Celebrating its Transition to the Main Market

The Egyptian Exchange Rings the opening bell Wednesday June 3, 2026, forTAWASOA for Factoring, ringing the bell to celebrate its transition from the Small and Medium Enterprises (SMEs) market to the main market.

Omar Radwan stated that a key priority of EGX's development strategy, in coordination with the Financial Regulatory Authority (FRA), is implementing an integrated plan to develop the SMEs market, supporting growth, expansion, increased business volume, and enabling transition to the main market.

He emphasized that EGX continues expanding its product range to meet evolving local and international investor needs, including derivatives markets, advanced risk management tools, broader investment products, and strengthening the market through bonds, Sukuk, green bonds, sustainability-related instruments, and other financial solutions.

Radwan noted that, according to current indicators, EGX continues to progress steadily, with daily trading values exceeding US$200 million, reflecting growing investor confidence, market capacity to absorb new listings, and resilience in handling challenges and crises.

He added: "Our strategy at EGX is to transform the Egyptian market into a deeper, more diversified, technologically advanced, and internationally competitive market, capable of supporting sustainable economic growth and attracting long-term capital
investment."

EGX recently approved listing TAWASOA For Factoring's capital increase from EGP75 million to EGP115 million, reflecting continued business growth and supporting its expansion plans. The increase amounts to EGP40 million, over 40 million shares at a par value of EGP 1.00 per share, paid in cash by existing shareholders, representing the company's fifth issuance since establishment.

The listing committee also approved transferring TAWASOA for Factoring from the SMEs market-under Article (9)-to the main market under Article (7), in line with Article (23) bis of the Egyptian Exchange listing and delisting rules, with unchanged share data following the capital increase.