In order to promote financial literacy and raise youth’s awareness of financial and investment tools, Dr. Islam Azzam, Executive Chairman of The Egyptian Exchange (EGX), signed cooperation protocols with four Egyptian universities: German International University, Sadat Academy for Management Sciences, New Mansoura University and Misr International University, targeting promoting financial literacy among university students.On behalf of universities, cooperation protocols were signed by: Dr. Selim Abdelnazir President of German International university, Dr. Mohamed Saleh Hashem President of Sadat Academy for Management Sciences, Dr. Moawad Elkhouly President of New Mansoura University, and on behalf of Dr. Mahasen Farghaly President of Misr International University signed Dr. Ahmed Emad.
This initiation comes along with world investor week (WIW), targeting promoting financial literacy and awareness among university students fostering learning opportunities to manage their savings and investments, aiming to raise generations capable of making wise decisions.
Dr. Azzam highlighted the importance of collaboration with the Egyptian universities in promoting financial literacy as part of EGX’s strategy to enhance investment awareness among youth, preparing them to be an active part of the Financial market.
Dr. Azzam clarified that these memoranda support implementing various educational and training activities including awareness workshops, lectures as well as training programs for students. Also, EGX will arrange electronic platforms and educational material facilitating the educational experience for students.
Dr. Azzam added that these initiations aim to merge concepts of investment and saving into the academic materials, enabling students to face challenges of the market and qualifying them to manage their financial resources in a better way.
Finally, Dr. Azzam re-assured the vital role of raising investor awareness and advising students and youth to continuously foster learning opportunities being the tool for success and improvement. He also emphasized the importance of cooperation with the educational institutions to achieve concrete results promoting financial awareness among the Egyptian society.
