On the sidelines of the press conference held on opening the EGX’s new headquarters in Smart Village, Dr. Mohamed Omran, the Chairman of the Egyptian Exchange (EGX) announced his decision to step down on July 1st maximum. He had also called for appointing the next EGX chairman via elections.
“I think this is the right and suitable time to say good bye after doing my job in the job during the transitional period” Omran added.
Omran emphasized on the EGX’s willingness on exempting the companies from listing fees.
Answering Amwal Al Ghad’s question about moving the EGX balance to Finance Ministry, Omran said that the EGX is an independent self-financing entity.