Mr. Omar Radwan, Executive Chairman of the Egyptian Exchange welcomed his Excellency Mr. Dominic Goh, Ambassador of the Republic of Singapore in Egypt at the headquarters of EGX down town Cairo. The two parties discussed fields of enhancing bilateral cooperation between the two countries in the field of financial market and attracting more foreign investment flows to the Egyptian market.
During the meeting, they explored the possible cooperation between The Egyptian Exchange (EGX) and Singapore Exchange (SGX), and how to benefit from the leading Singaporean experience as a global financial hub connecting Asian and international markets especially in the fields of governance, providing advanced financial tools, and developing mutual investment funds, opening new horizons of exchanging technical expertise between the two sides.
EGX CEO, Omar Radwan, emphasized during the meeting that EGX focuses on studying and benefiting from the successful practices and experiences of Singapore in developing the financial market, especially regarding digital transformation and other various fields.
Radwan pointed out that EGX is currently undergoing continuous development aiming at increasing market depth and facilitating procedures of listing and trading, creating an attractive environment for major institutions.
From his side, Ambassador of Singapore in Egypt praised the regulatory leap in the Egyptian economy, especially the financial market. His excellency reviewed features of the Singaporean experience, which focused on building a legislative environment that is both flexible and strict at the same time, which succeeded to attract global capital.
On the sidelines of the visit, Mr. Omar Radwan accompanied Singaporean Ambassador on a tour at EGX historic headquarters down town Cairo, where his excellency listened to a detailed explanation of starting trading in EGX as well as the key historical milestones and both exchanged souvenirs.
