Egypt Bourse, GAFI to support SMEs in Upper Egypt Region

Egyptian bourse signed Monday a memorandum of understanding with the General Authority for Investment and free zone (GAFI) to support small and medium-sized enterprises (SMEs).

GAFI is an affiliate of the Ministry of Investment.

Signing the MoU is to highlight the Egyptian Exchange (EGX)’s role as a platform to finance the SMEs. The MoU is set to strengthen fields of cooperation between the EGX and GAFI as well as to raise awareness among investors, notably in the Upper Egypt region, about the bourse’s financing and investment role.