Nile Stock Exchange and SME's in Egypt

Abstract:     
Small and medium-sized enterprises (SMEs) play a crucial role in the Egyptian economy, in term of their contribution to the GDP and total employment. Yet, their contribution in capital formation is very limited, mainly because of the finance constraints they face. Consequently, to improve the SMEs access to finance, the creation of a junior exchange is a must. In this context, the Cairo and Alexandria Stock Exchanges (CASE) just launched a new platform; that is Nile Stock Exchange with new listing rules and regulations that focus on a cost-effective regulatory regime adapted to the needs and characteristics of SMEs. This research aims to study the role of the Nile Stock Exchange in the development of Small and medium-sized enterprises in Egypt.

Note: Downloadable document is in Arabic.

Number of Pages in PDF File: 23

Keywords: SMEs, industrial structure, Stock Exchange, NILEX, Egypt

working papers series