The Egyptian Exchange (EGX) signed a cooperation agreement with Mansoura University
to raise financial literacy among MU students. The agreement includes training
programs on basics of investment and long-term savings of the capital markets.
The agreement was signed by Mohamed Farid Saleh, Executive Chairman of EGX, and
Dr. Ashraf Abdul Basit, President of Mansoura University at the headquarters of the
University and attended by Dr. Mohammed Atwa, Dean of the Faculty of Commerce, Dr.
Saad Mutawa, Director of the Center for Financial and Banking Studies.
Mohamed Farid Saleh, Executive Chairman of EGX, said that signing this MOU will
support EGX's efforts to raise financial awareness among the Egyptian society. This
activity will be conducted on the theoretical level and the practical one through
competition on the simulation system designed by EGX. He pointed out that a joint
working groups will be formed to develop the mechanisms of this cooperation, stressing
that EGX’s management is working with all parties to raise financial awareness among
the general public. Through these activities’ EGX is contributing to increase the
competitiveness of Egypt's financial market as it is an important tool to attract foreign
and domestic investments.
Dr. Mohamed Atwa, Dean of Faculty of Commerce, Mansoura University, praised the
cooperation with EGX, which aims to develop the skills of students and graduates and
support the objectives of the Center for Financial and Banking Studies, Mansoura
University. Dr. Atwa added that the university will provide the logistics for the training
programs, pointing out the importance of this cooperation to support the university's
efforts in achieving the highest efficiency rates in applying interactive learning methods
and systems to qualify its students for best employment opportunities in the future.