Egypt for Information Dissemination (EGID)

Name

Egypt for Information Dissemination (EGID)

Legal name

Egypt for Information Dissemination

Website

https://egidegypt.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Capital Markets Technology

NAICS

Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Alternative Data Providers (Web, Satellite, Geolocation, ESG Signals) (FSAFAIAH)

akta.pro secondary industry

Data Engineering, Integration & ETL/ELT Services (BPAEAHAB)

Keywords

• Market data dissemination
• Trading platform software
• Brokerage management systems
• Financial data hosting
• E-voting systems

Headquarters

HQ city

Cairo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Others

Revenue model

1. Market Data Feed Services: Provides real-time and delayed market data feeds for EGX traders. Revenue likely generated through subscription-based access to Level 1 and Level 2 data, plus One Stock Data Feed services for listed companies. Licensed vendor model also referenced.
2. Software Solutions: CMMI-certified software development services including BlueRits brokerage management, Merc-Trade commodities trading, E-Magles e-voting, and EGID-IR investor relations solutions sold to financial institutions and listed companies.
3. Consultancy Services: Testing and consultancy services for trading systems, surveillance systems, technical infrastructure including data centers, IT systems, security, and network consultancy. Includes installation and testing automation services.
4. Data Center Hosting: Tier 3 data center hosting and co-location services for financial sector clients requiring secure infrastructure.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

EGID is the sole authorized data provider for EGX market data, delivering real-time and delayed market data feeds (Level 1 and Level 2), proprietary financial software solutions (Blue Rits brokerage management, Merc-Trade commodities exchange platform, E-Magles e-voting, EGID-IR investor relations), software consultancy and testing services for trading and surveillance systems, and FRA-licensed Tier 3 data center hosting for the financial sector.

Product overview

EGID operates as a platform-plus-modules company providing financial market infrastructure and software solutions. The core offerings include: (1) Market Data Services providing real-time and delayed EGX market data feeds with Level 1 and Level 2 subscriptions, (2) Software Solutions including four proprietary products - Blue Rits (brokerage management), Merc-Trade (commodities trading), E-Magles (e-voting), and EGID-IR (investor relations), and (3) Consultancy Services for software testing and technical infrastructure. All software products are CMMI-certified and supported by the company's Tier 3 FRA-licensed data center.

Differentiator

Problem solved

Functional benefit

Brands

• E-Magles: The First E-Voting system in Egypt for Ordinary and extraordinary assemblies and board members meetings, authorized from GAFI and FRA.
• EGID-IR
• Blue Rits
• Merc-Trade

Products and services

• Merc-Trade Commodities Exchange Platform Trading platform that enables traders to buy and sell commodities under common trading rules. Modules include trading engine with auctions, pre-open sessions, circuit breaker, real-time data dissemination, warehousing, clearing, and client management. Designed for commodities exchange operators and ecosystem participants.
• Blue Rits Brokerage Management System Fully integrated brokerage management system covering front-end and back-end operations including FIX Client interface, Accounting Module, Margin Trading, E-KYC, Order Management System, and reporting. Built on SQL Database, Angular 14, and .NET Core 6 with cloud readiness. Designed for brokerage firms requiring end-to-end operational tooling.
• E-Magles E-Voting System Authorized electronic voting system in Egypt for shareholder and board meetings. Features dual authentication, confidentiality, electronic document management, and full compatibility with MCDR systems. Targeted at listed companies, EGX, GAFI, and FRA for regulated corporate governance.
• EGID-IR Investor Relations Solution Investor Relations product that provides embedded components/iframes for listed companies' websites. Includes stock overview, company news, announcements, board members, corporate governance, financial statements, corporate actions, and investor calculator. Designed for EGX-listed companies seeking compliant IR disclosure.
• EGX Market Data Feed Sole authorized real-time and delayed market data feed service for the Egyptian Exchange. Offers Level 1 (basic market data) and Level 2 (full market depth/order book) subscriptions, plus the One Stock Data Feed service for listed companies. Distributed directly and via Licensed Vendors to EGX traders and international investors.
• Software Consultancy and Testing Expert consultancy services covering testing of trading systems (including NASDAQ X-Stream products), surveillance systems, and technical infrastructure including data centers, IT systems, security, and networks. Includes installation and testing automation. Targeted at exchange operators and financial institutions.
• Data Center Hosting Tier 3 data center and hosting solutions for financial sector investors and institutions. FRA-licensed as the first financial data hosting datacenter in Egypt, providing secure infrastructure compatible with the highest security levels required for the financial sector.

Quantifiable outcome

• First FRA Licensed datacenter in Financial Data Hosting (2014)
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature7 records

Partnerships

Five partnerships are on record, tiered core.

• General Authority for Investment and Free Zones (GAFI)coreOthers · 1 January 2020EGX and GAFI signed a protocol providing the E-Voting platform (E-Magles) to facilitate shareholder meetings with official authorization.
• Kuwait ExchangecoreImplementation/ SI/ Consulting Partner · 1 January 2011EGID provided User Acceptance Testing (UAT) services for Kuwait Stock Exchange trading system, testing all major components of the exchange's trading infrastructure.
• NASDAQcoreStrategic or Co-development Partner · 1 January 2007EGID became a joint venture owned by CASE (Cairo and Alexandria Stock Exchange) and NASDAQ in 2007. This partnership facilitated technology transfer and integration of NASDAQ's X-Stream trading system components into EGID's operations. The JV relationship ended in 2023 when EGID became fully owned by EGX.
• Misr for Central Clearing, Depository and Registry (MCDR)coreTechnology or IntegrationE-Magles e-voting system is fully compatible with MCDR systems for collecting data, enabling seamless integration between electronic voting and central securities depository operations.
• Financial Regulatory Authority (FRA)coreOthersFRA authorized E-Magles as the official e-voting system for ordinary and extraordinary assemblies and board member meetings in Egypt.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ION Group: Provides mission-critical capital-markets software — order management, trading, clearing, and market-data infrastructure — to banks, brokers, and exchanges globally. Comparable to EGID's BlueRits and Merc-Trade offerings within the brokerage and exchange-tech category, but at much larger enterprise scale.
• Bloomberg L.P. Dominant terminal-based market-data and analytics platform used by international investors — the same Egyptian and MENA buy-side clients EGID serves. Comparable on real-time price feed distribution and fundamental/reference data, though broader in scope.
• Deutsche Börse Market Data + Services: Operates Frankfurt exchange infrastructure and sells market-data feeds, indices (STOXX/DAX), and exchange technology globally. Comparable on market-data dissemination and index hosting (the same ESG/index-hosting capabilities EGID demonstrated with S&P in 2010).
• FIS (Fidelity National Information Services): Provides capital-markets software including brokerage back-office, order/risk management, and exchange infrastructure to global financial institutions. Comparable to EGID's BlueRits brokerage platform and Merc-Trade exchange stack, but at global enterprise scale.
• LSEG (London Stock Exchange Group, incl. Refinitiv): Global operator of exchanges and the Refinitiv market-data franchise. Overlaps with EGID on market-data dissemination, indices/benchmark administration, and trading analytics — but at vastly larger scale and with global reach.

Direct peers

• Nasdaq Market Technology: Operates Nasdaq's exchange-technology licensing business (matching engines, surveillance, market-data platforms) sold to global exchanges. Directly comparable to EGID: both sell trading systems, market data feeds, and exchange infrastructure software to stock and commodities exchanges; Nasdaq was EGID's JV partner from 2007–2023.
• Broadridge Financial Solutions: Provides investor communications, proxy voting, and data-management solutions for listed companies and asset managers — directly comparable to EGID's EGID-IR investor-relations platform and E-Magles e-voting system.

Regional players

• Mubasher Holding (Mubasher.info): Pan-Arab financial portal offering real-time market data, fundamentals, and investor tools across MENA exchanges including EGX. Competes with EGID's One Stock Data Feed and EGID-IR products for listed-company investor communications and retail-investor data subscriptions in the same geography.
• Boursa Kuwait: Kuwait's national exchange operator, where EGID delivered UAT services in 2011. Comparable as a peer exchange with internal market-data dissemination and listed-company disclosure tooling for a regional MENA equity market.
• Saudi Exchange (Tadawul) — Market Data & Tech Services: Operates Saudi Arabia's primary exchange and disseminates market data and SaaS-style investor tools to listed companies and brokers. Comparable in role (in-house market-data and IR technology arm of a national exchange), though operating in a larger and more liquid market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookweb.facebook.com/profile.php?id=100063966393703
• LinkedInlinkedin.com/company/egid/?viewAsMember=true
• Instagraminstagram.com/egidegypt
• Xx.com/EGIDegypt

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Egypt for Information Dissemination (EGID)