Capital Market

Raising capital in Egypt, whether through a public offering, a bond issue or a private placement, means working within the rules of the Financial Regulatory Authority (FRA) and the Egyptian Exchange (EGX). Documents, approvals and disclosure standards must be right the first time, because errors delay transactions and expose issuers to regulatory risk.

Al Majidi Law Firm advises issuers, underwriters and institutional investors on capital markets transactions in Egypt. We help multinational groups and their Egyptian subsidiaries raise funds, access the market and stay compliant afterwards.

Our Capital Markets Services in Egypt

Capital Raising and Securities Offerings

We advise on the equity and debt route that best fits your business and timeline, and manage the legal process from structuring to closing. Our work includes:

• Advising on initial public offerings (IPOs), secondary offerings and rights issues.
• Structuring private placements, convertible bonds and hybrid securities.
• Preparing prospectuses, offering memoranda and regulatory filings for submission to the Financial Regulatory Authority (FRA).

Corporate Bonds, Sukuk and Debt Instruments

Debt financing often suits companies that want funding without diluting ownership. We advise on:

• Structuring corporate bond offerings, sukuk (Islamic bonds) and syndicated loans.
• Regulatory approvals, credit rating processes and investor documentation.
• Debt restructuring and refinancing.

Regulatory Compliance and Disclosure

Listing and issuing are the start of your obligations, not the end. We help listed and regulated companies meet their ongoing duties, including:

• Disclosure and reporting requirements to the FRA and the Egyptian Exchange (EGX).
• Listing rules and securities law compliance.
• Anti-money laundering (AML), anti-bribery and anti-corruption controls.

Investment Funds and Asset Management

We advise on establishing and operating fund structures permitted under Egyptian regulations, including:

• Mutual funds, private equity funds and venture capital funds.
• Real estate investment trusts (REITs).
• Fund registration, regulatory compliance and investor documentation.

Public Company Transactions

Transactions involving listed companies carry additional rules on disclosure, minority shareholders and offers. We advise on tender offers, public takeovers and shareholder buyouts, together with legal due diligence and transaction documents. For deals involving private companies, see our Corporate and M&A practice.

Capital Markets Disputes

When a transaction or shareholder relationship becomes contentious, we represent clients in regulatory proceedings and arbitration, including securities-related disputes and shareholder conflicts. See our Litigation and Dispute Resolution practice for more.

Why Issuers and Investors Choose Al Majidi

• Regulatory focus. We prepare filings and disclosure documents with the requirements of the FRA and EGX in mind, which reduces the risk of rounds of comments and delay.
• Structure first. We start from your commercial goals, whether that is funding, liquidity or investor entry, and recommend the instrument that fits.
• Support after closing. Our team continues to advise on disclosure, reporting and governance once the transaction is complete.
• Built for cross-border clients. We understand the expectations of international investors and parent companies and communicate with them in English.

Frequently Asked Questions

What approvals are needed to list a company on the Egyptian Exchange?
A listing generally involves the FRA, which reviews and approves offering documents, and the EGX, which applies its listing rules. The exact requirements depend on the type of company and offering. Our team maps them out at the start.

What is the difference between an IPO and a private placement?
An IPO offers shares to the public and requires a prospectus and full regulatory approval. A private placement offers securities to a limited group of investors and usually involves fewer formalities, though it is still regulated. Which suits you depends on the amount you need to raise, your investor base and your timeline.

Can Egyptian companies issue sukuk?
Yes. Sukuk can be issued under the Egyptian regulatory framework and are used by companies seeking Sharia-compliant financing. Structuring and approvals require careful legal work.

Can foreign investors invest in companies listed on the EGX?
Foreign investors are generally able to invest in listed securities, subject to applicable regulations. We advise on the requirements for your particular investment.

Does my company need to convert its legal form before an IPO?
Often, yes. Companies usually need to be in a form that allows public offering of shares. See our Formation and Restructuring practice.

Speak to Our Capital Markets Team

Planning an offering, a bond issue or a market entry in Egypt? Contact Al Majidi Law Firm for a confidential discussion of your financing goals and the regulatory steps involved.

Contact Us · info@almajidilaw.com