Ex-Beltone CEO Omar Radwan Appointed as Chairman of Egyptian Exchange
The appointment, issued by Prime Minister Mostafa Madbouly, places Radwan at the head of the Egyptian Stock Exchange board for a one-year period.
A new chairman has been appointed to lead the Egyptian Stock Exchange, following a decision issued by Prime Minister Mostafa Madbouly. Omar Mohamed Sadiq Radwan will serve as chairman of the board for a one-year term, according to an official announcement by the Egyptian Cabinet.
The appointment comes as activity on the Egyptian Stock Exchange has shown sustained growth, with increasing investor participation and ongoing plans to expand listings. Recent data indicates a sharp rise in first-time investors, with registrations more than tripling year-on-year in early 2026, reflecting broader retail and institutional interest in the market.
Market performance has also strengthened, with the benchmark EGX30 Index approaching the 50,000-point level in April 2026, supported by gains across major stocks.
In parallel, authorities have outlined plans to list additional state-owned companies, including petroleum sector firms, as part of a wider programme aimed at increasing market depth and attracting investment.
