Dr. Islam Azzam, EGX Chairman, and Mr. Mohamed Sabry, EGX Vice Chairman, along with Cairo Capital Group Chairman and CEO, launched a specialized awareness campaign aiming at promoting financial literacy and spreading investment awareness.
Today marked the launch of “Money Made Simple — The concept of Money” conference at The Egyptian Exchange historic headquarters, as part of the Exchange’s efforts to deepen knowledge about capital market, attracting new segments of investors and those interested in investment. The event was attended by Dr. Mohamed AbdelAziz- Assistant to the Chairman of Financial Regulatory Authority, Ms. Marian Kaldas, Executive Director of The Egyptian Center for Arbitration and Settlement of Non-Banking Financial Disputes.
The conference was attended by two of the sharks: Ahmed Tarek Khalil and Mohamed Farouk Abdel-Moneim, each had a speech in a panel discussion along with others about Investment and Technology.
Dr. Islam Azzam emphasized during his opening speech that the conference comes from his firm belief that simplifying financial concepts is the key for expanding investors base, and enhancing Investment inclusion. He clarified that the role of financial market is not limited to trading, but it serves a major tool supporting economic growth and directing savings towards productive activities.
EGX Chairman pointed out that wise investment based on knowledge and analysis represents the cornerstone for building an efficient sustainable market. He emphasized that the Egyptian Exchange is working simultaneously to develop the infrastructure, supporting digital transformation, and enhancing investor protection, in a way that strengthen confidence and match the best international practices.
Minister Dr. Mohamed Farid, Chairman of Financial Regulatory Authority (FRA), attended the event. He pointed out the importance of such events to enhance awareness and encourage investment and diversifying it. He highlighted the role of FRA in issuing and regulating various legislative frameworks that support different investment operations, especially that related to financial technology. He also confirmed that FRA is following all technological developments in issuing and regulating legislative frameworks and is not isolated from them.
From his part, Mr. Tawfik Diab, Chairman and CEO of Cairo Capital Group, said that organizing this conference clarified ability of technology to enhance investment operations. He pointed out that EGX is considered an investment means for the period of time determined by the investor, either long-term or short term investment.
Dr. Mohamed Abdel-Aziz, Assistant to the Chairman FRA, emphasized during his speech the importance of regulatory framework to achieve balance between protecting investors’ rights and stimulating innovation in non-banking financial activities.
From his side, Mr. Mohamed Sabry, EGX Vice Chairman, clarified that the conference aims to link capital market with entrepreneurship and real economy, highlighting role of EGX as a platform for companies’ growth, contributing to creating diverse investment opportunities for investors.
The conference program included several specialized discussion sessions, the main session titled “Money making between Exchange and entrepreneurship”, managed by media professional, Yassin Elgohary, with participation of: Mr. Mohamed Sabry, EGX Vice Chairman; Mr. Ahmed Tarek, Chairman of Edge; and Mr. Mohamed Abouelnaga “Nagaty”, investor and entrepreneur. They discussed opportunities of integrating entrepreneurs into financial market, and role of The Exchange as a platform for growth, along with other topics including: simplifying investment concepts, and decision making.
Additionally, there was an extended session discussing the impact of financial technology and digital transformation on reshaping investment, with the participation of selection of leaders of: financial market, investment companies, and financial technology.
“Money made simple” conference is held amidst growing interest in promoting investment culture, supporting financial inclusion, developing digital infrastructure of financial markets, contributing to empower investors, spreading awareness of the role of disciplined investment in achieving financial stability and economic growth.
