MOU Signing Ceremony between EGX & The Junior Businessmen Association (EJB)

Mr. Mohamed Farid, The Egyptian Exchange (EGX) Chairman, signed a Memorandum of Understanding with Mr. Amr El Sejini, The Egyptian Junior Business Association (EJB) Chairman, to sustain EGX efforts in introducing the investment opportunities of the stock market to the business community.

EGX Chairman said, “The MOU with EJB aims at informing the association’s members, companies and individuals of the advantages of listing and investing on the stock exchange, especially long-term investment, in order to attract new strong companies to list on EGX”.

Farid noted that this move comes within the framework of a comprehensive strategy led by EGX Board of Directors in order to spread the financial awareness. This contributes in raising the efficiency and depth of the market, through listing new companies and increasing trading volumes by introducing the public to the benefits of listing and investment.