- Omran : A main unified headquarter for EGX to ensure more efficiency at work.
- Omran : We are targeting to be a non - paper organization to save time and effort
- Omran : Saving the Archaeological nature of EGX building ... and a Museum to tell a history of over 130 years before the end of 2015
- Omran : An executive decision to regulate the deals market’ transactions (OTC) .. and an electronic coding system
The Egyptian Exchange (EGX) is moving all its departments to Smart Village building. This is within a plan to decrease the load from Cairo Central area and to maintain the archaeological and architectural nature of EGX historical building at Down Town area.
In a parallel context, Dr. Mohammed Omran, EGX chairman issued the executive decision No. 166 for the year 2015, which is concerned with the amendment procedures for the deals market of non-listed securities, so that stock exchange transactions, companies listed on the stock exchange to the mediation of the implementation of the electronic transfer of property transactions, without the need to attend dealers stock management itself, which reduces the time and effort needed to implement the transaction.
On another scale the Coding department completed the development of its system allowing investors to access the coding data automatically and updating it. Also allowing them to communicate through email. Coding department also coordinated with brokerage companies and secretaries conservation to deal with new technological systems as well as to provide technical support to deal with any problems with the new regulations to be resolved urgently, to be the start of the actual application of the departments concerned before the end of the current month.
Dr. Mohammad Omran, commented on the move to Smart Village "We feel the pressure on an area in the center of the capital, which required our speed in transferring all EGX departments to Smart Village".
Omran added that the plan had been implemented during the past period gradually in recent months to ensure that the work flow has no problems. He added "We have tapped technology to facilitate dealing with the management of the stock exchange and to better communicate with mediation companies, conservation and companies registered through technological systems provide the time and effort, and I am proud to say that the this developments have been done by the hands of EGX employees.
