EGX, 6th of October Investors Association sign cooperation protocol

The Egyptian Exchange (EGX) on Wednesday signed a cooperation protocol with the 6th of October Investors Association to boost private sector participation in the capital market and position the EGX as a key platform for business growth.

The agreement aims to strengthen ties between the EGX and the business community through knowledge sharing, investor education, and support for companies seeking to list or increase their capital. It also includes workshops, training programmes, and educational initiatives on investment fundamentals, listing procedures, and new financial instruments, in collaboration with Egypt’s Financial Regulatory Authority (FRA).

EGX Chairman Islam Azzam said the pact reflects the importance of partnerships with investors to promote investment culture and develop the market, in line with the government’s strategy to enhance the capital market’s role in financing economic activity and attracting both domestic and foreign investment.

He added that the exchange is expanding its listed company base and attracting new investor segments while improving trading practices through modern financial instruments and technology. The EGX also supports government efforts to broaden the investor base and encourage savings through official channels by simplifying procedures, upgrading infrastructure, and strengthening disclosure and governance standards.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser