Mr. Omar Radwan, Executive Chairman of the Egyptian Exchange, meets Dr. Fady Kanso, Secretary General of the Arab Federation of Capital Markets (AFCM) enhancing mutual cooperation and strengthening relationships between The Egyptian Exchange and the Arab Federation of Capital Markets, supporting the efforts of developing Arab capital markets and enhancing their integration with the regional and international markets.
During the meeting, they discussed ways of expanding fields of cooperation with the Arab Exchanges through the Federation including: expertise exchange, best global practices, supporting markets development initiatives, promoting innovation, and improving efficiency of capital markets infrastructure. All of this contributing to elevating attractiveness of the Arab markets to local and foreign investments and increasing their competitiveness on the international level.
Both sides also discussed the latest economic and financial developments on both the regional and international levels, as well as their impact on the performance of the capital markets. they emphasized the importance of continuous coordination and sharing visions concerning the regulatory and technological developments and the global trends affecting the financial markets, enhancing ability of the Arab Markets to confront challenges and benefit from emerging opportunities.
Both sides emphasized their commitment to continue mutual work to support integration among Arab capital markets, enhancing presence on the international financial level, which contributes to achieving sustainable development, expanding investors base, as well as supporting investment flows to the region.