EGX Block Trade in Egypt

Egyptian Exchange is the principal cash-equity venue of Egypt. Founded in 1883, it operates under the oversight of Financial Regulatory Authority (FRA), and its leading benchmarks are EGX 30, EGX 70. Listing standards are set out in the EGX Listing Rules; Capital Market Law No. 95 of 1992.

EGX at a glance:

Among the oldest exchanges in the Middle East and Africa, with origins in the 1880s. The principal North African venue, with active large-cap banking and industrial liquidity.

On EGX, a block is executed as a put-through deal that the exchange approves and that clears outside the continuous order book, commonly in a dedicated window before regular trading. Size floors apply — broadly EGP 10 million in value or about 1% of outstanding shares — which keeps the mechanism to genuine institutional lines rather than screen-sized orders. EGX 30 names absorb a block against deep daily turnover; EGX 70 and NILEX lines need more careful structuring against float. Where a company also has a London GDR line, part of the size can sometimes be worked across venues, and the Capital Market Law disclosure thresholds govern what is reported after the transfer.

The principal regulatory reference on EGX is Disclosure of major holdings under the Capital Market Law No. 95 of 1992 and its Executive Regulations. How it applies to any single transaction — reporting levels, step thresholds — turns on the underlying rules and national-law overlays, which we map against your contemplated transaction at the structuring stage alongside the counsel you appoint.

The citations above are public regulatory references, given for orientation only and not as legal advice. Take independent legal advice in the relevant jurisdiction for any specific transaction.

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