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Capital markets expert Hossam Eideh revealed that maintaining the Egyptian Exchange within the emerging markets index by S&P Global has led to increased cash inflows and a rise in the market, especially from foreign institutions. He explained that this reflects the strength of the Egyptian market and enhances financing opportunities and increases in both direct and indirect foreign investments. He also noted that positive developments have contributed to the success of government offering programs, which include around 52 companies across 18 economic sectors, despite the selling activity being a normal profit-taking and correction process.
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