EGX Chairman Partakes in Euro-Asian Federation of Exchanges “FEAS“

Mohamed Farid, Chairman of the Egyptian Stock Exchange (EGX) participated on Thursday in the activities of the virtual conference of the Euro-Asian Federation of Exchanges “FEAS“ entitled "Meet the market” to review the reform and development plans of the Egyptian market.

Farid said that the financial markets have a great role in not only helping various economic entities access the necessary financing for expansion, growth and launch, which creates jobs and improving people's living conditions but, it is an important platform for trading and investment, easing the entry and exit for investors.

He highlighted the efforts made by the Board of Directors of the Egyptian Stock Exchange to raise the efficiency and competitiveness of the stock market by improving the quality of trading, attracting new ambitious companies for registration, increasing awareness rates and financial culture.

He also reviewed the development and introduction of new financial products and trading mechanisms that contribute to persification investment options for all types of investors.

EGX chairman referred to the comprehensive reform and development process carried out by the Stock Exchange to raise the efficiency and competitiveness of the market for small and medium-sized enterprises (SMEs) in order to enhance liquidity, stimulate circulation and attract new investments to the market.

The Egyptian stock exchange has recently worked to raise and improve the capabilities of the issuing companies, as well as the comprehensive development that has been implemented on the bond trading system for the government and companies. It has also pumped many cash in promoting the stock exchange, encouraging small investors and young people to start trading in the Egyptian bourse.

https://www.youtube.com/watch?v=sA6n0gv95oo