.jpg)
|
In line with Egypt's cooperation in The Global Money Week, School Students, Minister of Trade, Industry and Investment and the Minster of Education opened the trading session of The Egyptian Stock Exchange (EGX) ON Monday 10 March 2014. Minister of Trade, Industry and Investment stated that The Stock Exchange plays an important role in funding the investments and spreading the awareness is crucial The ceremony comes in line with the global money week that is held during the second week of March in 1000 international organizations that serve children all over the world. This is in cooperation with the Egyptian Banking Institute and the Egyptian Exchange. During the opening of the trading session, the students emphasized their benefit from visiting EGX historical premise in down town. This visit supported their information about the capital market in Egypt and the trading mechanism as well as their chance to share in EGX simulation game (Stock Riders). Before the trading session, Dr. Abdel Nour stressed on the importance of spreading the financial awareness to the youth. He also emphasized the role of the stock exchange to provide the liquidity to the investors that reflects positively on the industry production. He also highlighted that EGX is on the right path where the growth rates concluded whether in terms of the indices or the trading values and liquidity rates during the period following June 30, 2014 were increasing reflecting positively on the increasing investors' confidence. In the same context, Dr. Abul Nasr pointed out the continuous efforts of EGX in spreading the financial awareness in cooperation with the Ministry of Education to the school students which will have a positive impact on the future of Egypt. From his side, Dr. Omran, EGX chairman, welcomed participating in the global money week where he stressed that all initiatives to spread the financial awareness shall be transformed into a life time culture that all the financial organization adopt. He suggested on the decision makers to be concerned more with this issue to be transformed to a continuous strategy applied through different tools such as adding part of the educational curriculum about the financial awareness. He also added that cooperation with the ministry of education lead to succeeding in reaching 115 schools within its plan of financial awareness that targeted 6000 students in these schools. |
