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Today, Monday, December 23, 2024, Ahmed El-Sheikh, Chairman of The Egyptian Exchange (EGX), and Dr. Hafez Al-Ghandour, Head of Cairo Commerce Syndicate, signed a cooperation protocol aimed at enhancing financial literacy and promote financial awareness about the importance of savings and investment among syndicate members.
The signing ceremony took place in the trading hall of the historic EGX building, attended by Heba El-Serafi, Vice Chairman of EGX, along with leaders from EGX, the syndicate, Egyptian Society of Technical Analysts, Egyptian Capital Market Association, and Egyptian Investment Management Association.
The Chairman of EGX expressed his gratitude for this cooperation, emphasizing that the partnership is part of EGX's ongoing efforts to promote financial literacy across various segments of society, including professional unions, particularly the Cairo Commerce Syndicate. This initiative supports Egypt's comprehensive development goals.
El-Sheikh explained that the protocol aims to organize lectures covering the fundamentals of the stock exchange, to prepare digital informational booklets, and to host seminars and events introducing syndicate members to the benefits of investment and listing on EGX. He highlighted that enhancing financial literacy among syndicate members improves their ability to manage their savings and investments effectively, empowering them to make informed financial decisions.
The EGX Chairman concluded by stressing the importance of this collaboration in raising public awareness about the significance of long-term cumulative savings and investment. He extended his gratitude to all those who contributed to the success of this protocol.
Dr. Hafez Al-Ghandour, Head of the Cairo Commerce Syndicate, expressed his appreciation to EGX and its team for their cooperation in signing and implementing this protocol. He highlighted that the protocol aims to elevate the skills of the syndicate’s members and to equip them with essential market-ready capabilities, while reviewing the union's efforts in this regard over the past years.
Dr. Al-Ghandour also emphasized the importance of bridging the gap between theoretical knowledge and practical application for students, ensuring that graduates become valuable contributors to the labor market.
