PM says govt keeps coordinating efforts to lure investments to EGX

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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