PM says govt keeps coordinating efforts to lure investments to EGX

Prime Minister Mostafa Madbouli said the government keeps coordinating all efforts aimed at luring further investments to the Egyptian Exchange (EGX).During a meeting on Tuesday 24/1/2023, the premier added the government is working at the present time…

Prime Minister Mostafa Madbouli said the government keeps coordinating all efforts aimed at luring further investments to the Egyptian Exchange (EGX).

During a meeting on Tuesday 24/1/2023, the premier added the government is working at the present time to draw up a plan for attracting further investments to the bourse, with the participation of all bodies concerned.

The meeting was attended by Deputy Finance Minister for Fiscal Policies Ahmed Kouchouk, Chairman of the Financial Supervisory Authority Mohamed Farid,

CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba, Executive Chairman of the Egyptian Exchange Rami El-Dokany, Central Bank of Egypt’s (CBE) Sub-Governor for the Markets Sector Sally Refaat and CEO of the Sovereign Fund of Egypt (TSFE) Ayman Solaiman.

Cabinet Spokesman Nader Saad said the meeting reviewed a promotion plan due to be launched next month, which aims to remove all obstacles to luring foreign investments to the stock market.

Source: State Information Service Egypt

Previous Article

PreIPO to participate in $250M fundraising round for SPiCE II as SPiCE I named Top VC fund of 2022 in Blockchain Ecosystem

Next Article

Press Statement: International Day of Education 

Related Posts

Exports at JD7.8 bln in H1 of 2023

During the first half of 2023, Jordan's exports of goods and services increased by 15.3% to JD7.8 billion, as per preliminary data on Jordan's balance of payments released by the Central Bank of Jordan on Thursday. The increase was primarily due t...