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- EGX Chairman: Coordination with the AUC to build a database of women cadres to be included in companies’ boards
- Farid: Women's representation in boards improves the companies’ financial performance
Nasdaq Exchange highlighted (March 7) the Egyptian Exchange (EGX) celebration of the “International Women's Day”, where the photos of the celebration were published on its main screens in New York.
The EGX Chairman, Mohamed Farid and Sahar Nasr, Minister of Investment and International cooperation opened EGX trading session and the Conference on increasing women's participation in the economy, in collaboration with the International Finance Corporation and UN-women, in support of gender equality and women empowerment in Egypt.
Farid praised Nasdaq leaders appreciation for EGX efforts to support the women empowerment and to increase their participation rate in the economy, because of its impact on the economic growth and the overall development.
He disclosed about EGX’ coordination with the American University in Cairo (AUC) to create a database of women cadres who are able to join the boards of directors, in parallel with monitoring the development of women's participation in the governing boards of the listed companies.
EGX Chairman noted that the global studies have shown that women's participation in senior leadership positions is positively improving the companies’ performance, which EGX will promote in the listed companies.
Farid pointed to EGX full commitment to support all efforts aimed at empowering women and supporting gender equality issues, and enhancing their role in the various aspects as a key partner in society.
