GCC Scope
  • Home
  • Business
  • Economy
  • Politics
  • Security
  • Sport
Reading: EGX Finalizes Involuntary Delisting of Misr Kuwait Investment and Trading Co
ar ع
GCC ScopeGCC Scope
Font ResizerAa
  • Business
  • Economy
  • Politics
  • Security
  • Sport
Search
  • Home
  • Business
  • Economy
  • Politics
  • Security
  • Sport
GCC Scope > Business > EGX Finalizes Involuntary Delisting of Misr Kuwait Investment and Trading Co
Business

EGX Finalizes Involuntary Delisting of Misr Kuwait Investment and Trading Co

NewsDesk
Last updated: October 25, 2026 9:52 am
By
NewsDesk
3 Min Read
Share
The Egyptian Exchange headquarters in Cairo. | Wikimedia Commons
SHARE

The Egyptian Exchange finalized the mandatory delisting of Misr Kuwait Investment and Trading Co effective August 13, 2026, moving its shares to the unlisted securities over-the-counter market for one month. The Listing Committee had approved the step on August 12 after the company did not comply with a resolution from its May 6 meeting that required purchasing free-float shares from interested sellers within three months. The EGX referred the company’s status to the Financial Regulatory Authority in line with listing rules and will remove its data from the listed companies database.

Misr Kuwait Investment and Trading Co holds an issued and listed capital of 20 million Egyptian pounds divided into 20 million shares at a nominal value of one pound each. Its listings had operated on the small and medium enterprises market under three separate issues prior to the delisting. The action followed the company’s failure to address regulatory violations cited in the earlier committee decision.

Financial estimates and historical data available on TradingView under EGX:EGS659O1C015 indicate the company reported total revenue of 2.80 million EGP for the nine months ended September 2025. Multiple quarters showed negative gross profit and operating losses that pressured its balance sheet. Total assets stood at 46.65 million EGP with equity of 24.34 million EGP at the end of that period according to compiled statements.

In September 2025 the Listing Committee had already required the company to submit a progress report on a development plan announced the previous May. The repeated directives centered on compliance with listing and disclosure obligations under EGX rules. Non-fulfillment of the May 2026 resolution ultimately triggered the final delisting approval in August.

The Egyptian Exchange maintains strict enforcement of its Listing and Delisting Rules including Article 53 and related executive procedures. Companies with 1,800 shareholders such as Misr Kuwait Investment and Trading Co receive a one-month transition to the automated order acceptance system for unlisted securities. The Unlisted Securities Sector will later prepare a study memorandum for further committee review.

Shares of the company had traded in a 52-week range from 0.50 to 4.38 Egyptian pounds in the period leading up to delisting according to market records on TradingView. Daily volumes frequently remained low reflecting limited investor interest. Official EGX announcements continue to serve as the primary source for any subsequent regulatory actions involving the firm.

SIM Graduates Outperform PEI Peers in Employment Rate and Starting Pay
Toei Animation Denies Any License for Proposed Dragon Ball Theme Park in France
Aftercare Becomes the Dividing Line in Gulf Cosmetic Surgery
Oman Rolls Out Offtake Guarantees and Tax Breaks to Spur Pharmaceutical Manufacturing
Positron AI Completes $875 Million Series C at $5 Billion Valuation With QIA Participation
Share This Article
Facebook Email Copy Link Print

Popular News

Sport

Saudi Arabia to Open Asian Cup 2027 Against Palestine as AFC Releases Full Fixtures

NewsDesk
By
NewsDesk
October 26, 2026
Makkah Pact Nations Dispatch Top Officials for Talks With Iran on Regional Security
Pakistan Proposes Long-Term Food Security Tie-Up With Qatar During Investment Forum
Yamna Partners with Oman on £1 Billion AI Data Centre Development in Salalah
Pakistan Urges Early GCC Trade Pact Signing in Doha Talks With Qatar

More from GCC Scope

Security

Saudi-Led Coalition Neutralises 10 Houthi Ballistic Missiles Targeting Southern Region

By
NewsDesk
3 Min Read

Second Abu Dhabi Poetry Festival Opens With Interactive Zones to Engage Youth

By
NewsDesk
Politics

Spanish King Honours Qatari Ex-Envoy with Order of Civil Merit

By
NewsDesk
3 Min Read
Business

Saudi Ministries Approve 19 Hospitality Projects to Attract SAR6.7 Billion

Saudi Arabia's ministries of tourism and investment approved the first 19 projects under the Hospitality Investment…

By
NewsDesk
Business

Qatar Oman Investment Company Narrows Full-Year Loss on Revenue Recovery

Qatar Oman Investment Company Q.S.C. reduced its net loss to 1.4 million riyals in 2025 from…

By
NewsDesk
Politics

UAE Foreign Ministry Honours Qatar Embassy With Excellence Award

The UAE Ministry of Foreign Affairs honoured Qatar's embassy with the Minister of Foreign Affairs Excellence…

By
NewsDesk
Security

Israeli Operation Displaces 1500 Palestinians in Hebron Following Checkpoint Attack

Israeli forces displaced more than 1500 Palestinians from homes in Hebron on October 24 2026 during…

By
NewsDesk
Sport

Bangkok Secures Rights to Host 2027 Asian Table Tennis Championships

The Asian Table Tennis Union approved Bangkok's bid to host the 2027 Asian Table Tennis Championships…

By
NewsDesk

Categories

  • Business
  • Economy
  • Politics
  • Security
  • Sport

Quick Links

  • About
  • Corrections
  • Editorial Policy
  • Contact
GCC Scope
© 2026 GCC Scope. Published by Peninsula News Group LLC. All rights reserved.
  • Privacy Policy
  • Terms of Use
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?