The Egyptian Exchange (EGX) achieved an outstanding regional accomplishment, winning two prominent awards during the activities of the annual conference of the Arab Financial Capital Markets (AFCM). The conference held with a widespread participation from heads of capital markets, leaders of stock exchanges, and distinguished officials from financial and banking institutions, as well as decision-makers at both the Arab and international levels.
EGX won two awards: “The highest average daily trading value stock exchange” and “The highest average daily trading volume stock exchange”. This honor comes to highlight the record performance and the intensive activity witnessed by the Egyptian Exchange market, driven by the increased liquidity depth and the diversity of investors’ base of both individuals and institutions. In addition to the attractiveness of available investment tools, and the strong cash flows daily traded.
From his side, Mr. Omar Radwan, EGX Executive Chairman, emphasized that: “This regional honor clearly reflects strength and resilience of the Egyptian economy and the ability of the financial market to absorb the complicated geopolitical and economic incidents, continuing its non-stop activity efficiently.
Mr. Omar Radwan continued: “winning such prestigious regional awards is not merely recognition of the development achieved; it’s primarily an extra motivation and a real push for all of us to exert more effort and work continuously to enhance the Egyptian capital market to more competitive levels and depth. We will continue establishing on these successes by speeding development programs, expanding partnerships, facilitating foreign investment channels, and providing modern financial tools and products strengthening Egypt’s position as an attractive financial hub for capital investments.
EGX Executive Chairman clarified that winning these two awards is a certificate of international and regional trust in the solidity of the Egyptian financial market and its ability to attract capital investments, aligning with the best regulatory and technological practices. It also reflects success of the continuous development and legislative procedures, the improvement of trading mechanisms, and the efficient channels of accessing the market.
He added: “We dedicate this achievement to all market participants, the companies operating in the sector, and the professional teams who continue exerting efforts to enhance the position of the Egyptian market. Also, would like to thank investors locally, regionally, and internationally for their firm trust in the Egyptian economy and its promising opportunities.”
