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Dr. Mohammad Omran, The Egyptian Exchange (EGX) Chairman participates in the 14th session of the Global Forum on Trade and Development "UNCTAD" in Nairobi during the period from 19 to 22 July, which is an important economic event witnessing the presence of representatives of 194 countries to discuss the most prominent economic issues and challenges facing the global economy newly including the decline in goods and services’ prices worldwide, globalization, the forms of economic partnership and sustainable development. The conference will be organized in presence of the United Nations’ secretary general, "Ban Ki-Moon" with the participation of 80 ministers and a selected number of organizations and institutions’ senior representatives expected to review the homogeneity of their countries’ domestic policies, the existing and future international initiatives with the sustainable development objectives. With this important context comes Dr. Omran’s word in the panel discussion organized by the United Nations initiative for sustainable securities markets about "the Green Finance importance and stock markets’ role to support it, thus contributing to achieve the sustainable development goals".
The panel discussion also addresses the challenges and opportunities posed by the green funding agenda on securities markets, and the role of stock markets in supporting green finance products and its impact on the economy.
The meetings will be attended by a large number of the developing countries’ representatives, in addition to a large number of finance experts, investment funds’ officials and the financial institutions concerned to invest in green finance.
Dr. Omran stressed on the importance of setting the climate to attract green investments, which helps to attract a new segment of investments to the Egyptian market, specially in light of the financial institutions and investment funds growing interest in green and responsible investment.
EGX during the conference will highlight the efforts performed to expand in applying the sustainable development initiatives in which it has participated both at the local level with the various market parties, and at the international level with a large number of countries and international organizations.
