The Egyptian Exchange Chairman Participates in “Effective Growth” Conference

The Egyptian Exchange Chairman Participates in “Effective Growth” Conference

Mr. Mohamed Farid, Executive Chairman of the Egyptian Exchange said that having an active financial sector is an essential element for any economy looking to grow and compete not only locally but regionally and internationally. Adding that the financial sector; banking or non-banking are the key for speeding up economic growth. This came during his participation in the second session of the Conference. The event is organized by Hapi Newspaper.

Mr. Farid stressed on the importance of the capital market not only on the level of funding for economic entities operating in various activities, but also assisting in the distribution of growth benefits of listed companies on a greater number of individuals.

He continued that the development of the capital market capabilities at all levels is a support to Egypt's vision. 

Mr. Farid ended his word by stating that that the past year witnessed significant developments on the technological and legislative levels of the capital market.

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