Cairo – Mubasher: A group of eight companies are expected to be removed from the Egyptian Exchange's (EGX) benchmark EGX30 index for not meeting the trading value and cash outflows requirements, according to a report released on Wednesday by Beltone Research.

The companies expected to leave the EGX30 include Abu Qir Fertilizers, Sidi Kerir Petrochemicals, and Orascom Construction.

On the other hand, Beltone forecast that Credit Agricole – Egypt, MM Group for Industry And International Trade, Oriental Weavers Carpet, and Cairo Investment and Real Estate Development, among others, would join the benchmark index.

The EGX will announce the results of its biannual review in February.