Targeting New Companies For Listing And Provide A Variety Of Investment Opportunities At The Top Of EGX Priorities During The Coming Period

Farid: increased attention to small and medium-sized enterprises to support its funding & expansions.
 
Yesterday Mr. Moahed Farid, EGX chairman, met with marketing team for listing in EGX to discuss means of supporting SMEs through listing to contribute to increased opportunities for investors in the market. 
 
During the meeting, EGX chairman stressed on the need for collateral action by the different players in the market for this aim.  He stressed on the necessity of cooperation with entities representing industrial and investment groups such as chambers of Commerce and business associations in various provinces of the Republic and informing its members on the importance of capital market and its role in financing SMEs expansion plans strengthening the concept of governance. 

Mr. Farid stressed the need to have a concrete and collateral plan for the awareness of listing and the importance of moving quickly to reach out for SMEs entities.