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Source: Thomson Reuters.   Last updated on Feb 16, 2019 at 18:51PM (UTC).   Delayed by at least 15 minutes.
The Egyptian Exchange Hosts the General Assembly and the Annual Meeting of the African Securities Exchanges Association
Jan 17, 2017
In a step that reflects a growing recognition of the role of EGX at the African level, the Executive Committee of ASEA has chosen Egypt for the second time in five years to host the General Assembly and Annual Conference, in a clear reference that EGX is capable to bring out the event in the best picture.
 
Dr. Mohamed Omran, EGX Chairman, said "we target through hosting the Association’s meeting to mobilize the largest number of officials and experts in international and regional investment community in Cairo. It is expected to participate in the conference nearly 30 chairmen of African Stock Exchanges addition to a large number of portfolio managers and funds and investment banks in addition to a number of representatives of international organizations concerned with investment in order to draw attention to the growing importance of the African continent on the international investment map of as well as to exploit the event to promote for the Egyptian economy. "
 
Dr. Omran assured that the EGX will use all its capabilities to present the conference at its best as it highlights Egypt's commitment to the African continent which represents an important strategic and economic dimensions for Egypt. He added  that the ASEA is one of the largest regional organizations to capital markets as it includes about 30 members at companies’ capitals surpassing USD 1 trillion with unlimited growth opportunities for economies came under the spotlight in recent years.
 
It is worth mentioning that Dr. Omran has been re-elected a member of the ASEA Board in the capital Kigali, in addition to his election as the chairman of the Federation of Euro Asian Stock Exchanges in meetings hosted by EGX in Sharm El-Sheikh during last November.

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