[Last updated: 1 January 2025, unless otherwise noted]

As a rule, the EGX may oppose a delisting of an Egyptian company that is listed on the EGX in the interest of protecting investors.

The EGX may also oppose a delisting in the following circumstances:

• if registration was effected based on false information that affects the validity of listing;
• if the company does not comply with the disclosure rules, subject to a one-month compliance notice by the EGX;
• if the foreign shares corresponding to locally listed depository receipts have been canceled;
• in the event that six consecutive months have lapsed without a transaction in the shares being effected. Transactions would not include disposal of shares between related parties;
• if the company did not pay the required listing fees;
• if the company does not comply with any listing conditions that are rectifiable in nature, provided that the company did not rectify such condition within the time limit determined by the EGX; or
• if the company violates any non-rectifiable listing rules twice within any 12-month period.

In addition to the above circumstances, the EGX shall have the right to delist any company that has violated the minimum threshold for net profits and equity rights for two consecutive years following its listing.