The Egyptian Exchange Commences Training the Listed Companies on the Electronic Disclosure System

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The Egyptian Exchange Commences Training the Listed Companies on the Electronic Disclosure System

The Disclosure Department held an extensive meeting with a number of listed companies in the Egyptian Exchange for training on transforming to the electronic disclosure system entirely, after it was implemented tentatively since 2015 .EGX’s management is targeting obliging all listed companies to use the electronic disclosure system before the end of the current year.
 
In this context, Mr. Mohamed Farid, Chairman of EGX, said that this transformation is part of the management’s plan to activate technological transformation. He pointed out that there is a comprehensive plan to develop the disclosure system, which is partially linked to the process of transforming to electronic disclosure. And also linked to the development of performance of investors relations companies which will help to achieve the objectives of EGX to update the overall disclosure system.  
 
On the other hand, Mr. Mohsen Adel, Vice chairman of EGX said that the process of developing the disclosure system is a top priority for EGX’s management at the present time, pointing out that next week will witness the second meeting with representatives of Investor’s relations companies and the research centers related to the Egyptian capital market.

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