Yearbook 2020
The Egyptian Exchange
About The Egyptian Exchange
Established: 1883
Chairman: Mr. Mohamed Farid Saleh
Address: 4A, El Sherifien St., Downtown, Cairo
Contact Name: Ms. Heba Eissa, Ms. Sara Magdy
Email: [email protected]
Website: www.egx.com.eg
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About Company
Established: 1903
Chairman: Mr. Mohamed Farid Saleh
Address: 4A, El Sherifien St., Downtown, Cairo
Working Hours: 08:30 - 15:30
Contact Name: Ms. Heba Eissa
Email: [email protected]
Website: www.egx.com.eg
- Joined FEAS in 1998 -
Mohamed Farid Saleh
Chairman
Year in review
Brokers were allowed to receive orders via email or mobile messages: As part of EGX and The Egyptian Financial Regulatory Authority (FRA) efforts for the development of the Egyptian capital market, EGX’s proposal permitting brokerage firms to receive orders via e-mail or mobile text messages has been approved by FRA provided that these means are stated in the contract and client’s declaration of responsibility documents. This is one of the measures taken by the Egyptian market in light of the global circumstances markets are going through and the precautionary measures taken to reduce the spread of Covid-19.
EGX launched Mohsen Adel’s Awards for Financial Awareness: EGX’s financial literacy program awards conducted on all its social media channels in honor of Mr. Adel’s efforts and activities to raise financial awareness during his life time.
EGX allowed Omnibus Mechanism on its SMEs Platform to facilitate executing order procedures of the Egyptian SMEs market. This is one of the actions taken for the restructuring and development of the Egyptian SMEs market and is a complementing step to the action taken, in cooperation with Misr for Central Clearing, Depository & Registry (MCSD), in July 2019 allowing Omnibus Trading Mechanism in the main market.
Memorandum of Cooperation between Iraq Stock Exchange and Egyptian Exchange under the joint auspices of the Prime Minister of the Government of Iraq, H. E. Mr. Al-Kadhimi, and the Prime Minister of the Arab Republic of Egypt, H. E. Dr. Madbouly, with reference to the discussions of high-level committees representing both countries that took place between Oct 28 and 30, 2020, the Iraq stock exchange has signed a Memorandum of Cooperation with the Egyptian Exchange at the Government headquarters Baghdad/ Iraq on October 31, 2020.The MoU aimed to enhance cooperation between both exchanges in legislative and technical matters and capacity-building and promotion
of best practices, in order to increase competitiveness in a way that contributes to enhancing the position of the two markets internationally. Also cooperation in information dissemination of on important economic developments, especially related to the capital market, which affect the capital market.
EGX and Al-Nahda University Sign MoU for Financial Literacy for cooperation in raising financial literacy for the university students. The financial literacy program will comprise educational lectures on the effect of capital market on economy growth though aiding different economic entities to reach financing growth needed, expansion and business development, as well as educating them on the basics of investment and cumulative long-term savings through the exchange.
EGX Presents its Efforts for the Development of Egyptian SMEs Market to EBA Members: a workshop entitled "The Egyptian SMEs market; opportunities for growth for start-ups", during which the Executive Chairman of the Egyptian Exchange (EGX), Dr. Mohamed Farid, discussed the strategic developments of the Egyptian SME market with the aim of achieving a comprehensive qualitative shift in the market.
EGX Conducted training program for Executive leaders at the National Training Academy. The program incorporated six lectures about basics of capital market; how it’s operate and role in the economy, as well as the basics of trading, investment and saving. The program included a practical part through the simulation model of the Egyptian Exchange.
FEAS Talks with Dr Farid