Under The Patronage Of Mahlab… EGX Hosts The Investors Summit

The Egyptian Exchange (EGX) ended its preparations to host the second investors' summit, which was held under the patronage of the Prime Minister and with the participation of a number of the economic  group' ministers, the business community representatives in addition to a large number of financial institutions, Egyptian and foreign  investment banks.

EGX through that conference  held for the second consecutive year , is targeting to exhibit its strategy to support the economic development plans through supporting the government and the private companies to obtain the necessary funding for expansion,  growth and restructuring, as that event is an opportunity for companies to learn more about the successful experiences of companies listed on both of EGX and NILEX for small and medium enterprises.

The conference workshops will present the government's vision to use the stock market to finance its giant projects as well as to help in restructuring the public companies and to  improve their competitiveness, through the session attended by the ministers of Housing,  Supply, social solidarity and transport.

" The conference confirmed the real stock market  role to support companies and enhance their capacity and competitiveness." Commenting Dr. Mohammad Omran, EGX Chairman, stating that the finance available for large or small companies could contribute to a real boom for the Egyptian economy along with improving the companies'  understanding level for the stock market role and the ways to take advantage of it.

Omran stressed that the summit represents an opportunity to restore investments, specially after the positive stock market developments during the recent period with the sustained governmental support for the capital market role in the economy, stressing that EGX'  legislative and regulatory structure has developed in a way to be able to support companies and to contribute for  their productivity.