The Prime Minister continues with the head of the stock exchange to develop the stock market and investment incentives
& nbsp; This came during a meeting with Dr. Mustafa Madbouly, on Monday evening, with Ahmed Al -Sheikh, head of the Egyptian Stock Exchange; To follow up efforts to develop the stock market, in addition to approving a package of investment incentives for registration and offering on the stock exchange to encourage new registration operations.
& nbsp; On a comprehensive development process for the market by developing and implementing an integrated strategy to develop the stock market through an effective community dialogue. & quot; Strategy of the Egyptian Stock Exchange Board of Development & quot;, which represents a set of targets to increase the efficiency of the stock market, through coordination and integration with the parties of the market, and the various concerned authorities, noting that the Egyptian Stock Exchange was able to implement a number of targets of this strategy during the last period, and is done Work to complete the rest of the targets. , Whether with regard to the values of the main indicators, the sizes, trading values, or market capital, as the market indicators in 2024 ended at great altitudes, and the sizes and values of trading, market capital, number of operations and the number of investors increased. & Nbsp;
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& quot; Sheikh & quot;: The Egyptian Stock Exchange continued the process of continuous updating of work mechanisms, as one of the best global trading systems has been contracted, an integrated system that allows trading on various types of financial tools, including the financial derivative market and also certificates of reduction Carbon emissions, as during the last period, internal work systems and mechanisms were developed on the stock exchange. And diversifying financial tools, enhancing transparency, governance, and raising the quality of disclosure in accordance with the best international practices, noting that it is targeted to achieve more goals for developing the performance of the Egyptian Stock Exchange, in the coming time. & Nbsp;
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> Ahmed Al -Sheikh emphasized that these achievements come in light of the great flexibility enjoyed by the stock market and its subsidiaries in keeping pace with the various global developments, and then providing a wide range of growth and expansion and absorbing any sizes of proposals and the increased increase in trading sizes. & Nbsp;
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The head of the Egyptian Stock Exchange explained that the most important priorities of the stock market are currently the new proposals of large size, especially government propositions because of their great positive impact on the market, increase the volume of transactions, increase the market capital, and raise a classification The Egyptian money market within international indicators, in a way that helps to attract more foreign investments, which will be followed in the coming period in coordination with the relevant authorities. The meeting, to talk about the future plans of the Egyptian Stock Exchange, confirming the continued work to implement the strategic targets, especially the completion of the operation of the new trading system and the development of various work rules in light of the actual needs of the market, enhancing both sides of supply and demand and providing new investment tools. & Nbsp;
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He added that the Egyptian Stock Exchange is currently working on the study of launching an indicator of treasury bills in line with the increasing demand of investors in recent times, and also the inauguration of a new index that combines both the standards of Sharia and sustainability standards. & nbsp; < /p>
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