.jpg)
Counselor Mohamed Abdel Wahab, CEO of the General Authority for Investment and Free Zones (GAFI), issued a decision to establish “The Companies’ Service Unit” for listed companies on EGX under the supervision of the Head of Investment services at GAFI. This decision is part of the package of measures issued by Egyptian prime minister in November 2021 to support the Egyptian Capital Market and improve its ecosystem. These decisions aim to support the capabilities and competitiveness of the Egyptian Exchange, and help it develop and support Egypt’s economic and social development plans.
This unit is responsible for; speeding services for companies established by GAFI and listed on EGX at all relevant departments, studying the complaints related to these companies and quick adjudicating them and taking necessary action to solve problem, proposing legislative recommendations to facilitate the completion according to specific timelines and solving any obstacles facing the companies.
The unit will hold periodic meetings with EGX specialists and all relevant parties to discuss arising issues and work to resolve them.
An email will be created for the unit to receive complaints and requests from related companies, provided that the process of addressing the unit is carried out according to the forms prepared for this purpose and that all supporting documents are attached to it.
This step came after the procedures issued by the Prime Minister, which aim to support the capabilities and competitiveness of the Egyptian Exchange, and help it grow at all levels to play a major role in supporting economic and social development plans, thus improving the market's position in global indicators and thus increasing its capacity. To attract more foreign investment.
