Promoting March Economic Summit is Egypt Bourse’s Top Priority – Chief
Promoting Egypt’s upcoming Economic Summit is top of the Egyptian bourse’s agenda, said bourse chief Mohamed Omran on Tuesday.
Omran, Chairman of the Egyptian Exchange (EGX), heads to London today to take part in the Middle East Congress.
The Middle East Congress will bring together influential figures from government with business leaders from across the region. This timely, two-day congress will focus on investment and redevelopment in the Middle East and North Africa.
During his visit, Omran will showcase EGX role in bolstering the Egyptian economy and how companies benefited from available financing opportunities via the local stock market.
Omran’s participation comes as part of preparations for Egypt’s upcoming economic summit in March.
In a statement issued by EGX on Tuesday, Omran indicated that he would focus on available investment opportunities in Egypt’s stock market and the whole economy, amid improving political conditions.
The top official also stressed that EGX will be key for promoting the Egyptian economy over the coming period, as it largely reflects investor expectations and outlook towards the economic and political conditions.
The Economic Summit, scheduled for March 13-15 in Sharm El-Sheikh, will open the doors for international and domestic investors to participate and know more about available investment opportunities in Egypt. The summit will present 30 different investment projects worth a total of $20 billion.
