عربي English
HomeAbout UsMembersStatisticsPublicationsNewsEventsGalleryContact UsMembers Area
ADI 5036.415 (AED)  0.19% | AMGNRLX 1982.04 (JOD)  -0.23% | BAX 1160.94 (BHD)  1.35% | BLSI 1207.903 (USD)  0.06% | MASI 10564.6172 (MAD)  -0.15% | DFMGI 3274.06 (AED)  -0.15% | EGX30 10688.16 (EGP)  4.52% | ISX 72.01 (IQD)  0% | KWSE 5275.04 (KWD)  -0.18% | MSI 6317.66 (OMR)  -0.55% | PLE 483.41 (JOD)  -0.01% | QE 12282.17 (QAR)  -0.42% | TASI 9717.9 (SAR)  -0.65% | TUNINDEX 5585.19 (TND)  0.45% | SPAFEUP 64.11 (USD)  -0.02%
Source: Thomson Reuters.   Last updated on Feb 16, 2019 at 18:59PM (UTC).   Delayed by at least 15 minutes.
The Minister of Awqaf Held a Meeting with the Egyptian Exchange Chairman to Educate Preachers about Stock Market Mechanisms
Aug 31, 2014
In the context of the strategy for communicating with different community actors to publicize the role of the capital market to support economic development plans, Dr. Mohamed Gomaa Minister and Mr. Salah al-Junaidi, head of the Waqf met with Dr. Mohammad Omran, Chairman of EGX. The meeting focused on ways to strengthen cooperation between the Ministry and EGX.  They discussed the capital market role in assisting the Ministry of Awqaf in the management and development of the portfolio investment Department-owned Egyptian Awqaf authority. In addition to the leading role to be played by the Ministry of Awqaf in the awareness of the importance of capital market and its role in the economy.

Dr. Omran stated that through the meeting they discussed the importance of cooperation and in community outreach programs. They discussed the true role of the Egyptian stock exchange in the economy and the importance of the participation of its personnel away from the stereotypes that reduce the proportion of community participation in the stock market, despite its importance in increasing rates of mobilizing savings, thereby contributing to the overall Increasing rates of investment and growth.

It was agreed to hold training sessions for elders’ advocates introduce the role of real exchange and organize visits to educate them about the role of stock market.
On the other hand Dr. Mohammad Omran, stated that the meeting is of particular importance as a aims institution heavily and long history the Ministry of endowments.  Dr. Omran said the visit is a first step in a series of meetings to be held with a number of institutions and bodies that owns and operates a number of public or private companies, so it is important to raise awareness of the benefits of the company's shares on the capital market and its impact on the development and management of these companies.

EGX.jpg