Egypt: Finance and Banking

Debt-to-equity conversion is considered one of the most important financial restructuring tools used by companies to address financing structure imbalances and improve their financial position. The importance of this mechanism is particularly evident in cases where companies rely on debt financing for extended periods, whether through shareholders’ loans, loans provided by subsidiaries or sister companies, or external financing, resulting in a high level of liabilities compared to equity.

Market movements occur irrespective of the calendar used for the financial reporting cycle. Interest rates may shift in between reporting dates, exchange rates can shift within a short while, market multiples can shift rapidly, and news about the entity itself might influence the expectations of the market participants until the next reporting date.

Valuation is commonly seen as producing one exact figure, yet valuation differences are common because two competent valuers, who have experience, may perform valuations of the same company, property, or transaction and come up with different figures, none of which will be wrong.

On February 17th, 2025, the Financial Regulatory Authority (the "FRA") adopted Resolution No. 46 of 2025 (the "Resolution"), amending FRA Resolution No.11 of 2014 regarding the Listing and Delisting rules on the Egyptian Stock Exchange (the "FRA Listing/Delisting Rules").

Andersen in Egypt has issued an independent fair value report for Osool Brokerage, in connection with a proposed strategic investment by UAE-based Amas Investments.

Capital Markets Comparative Guide for the jurisdiction of Egypt, check out our comparative guides section to compare across multiple countries