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Thndr Claps » EGY Claps » EGX targets pension & insurance funds👴

EGX targets pension & insurance funds👴

by Ziad Amin
May 19, 2022

The Clap
EGX Chairman Mohamed Farid stated that the EGX is looking to attract pension and insurance funds’ managers to invest in the EGX.

The deets
Dr. Farid met with those responsible for investing pension and insurance funds to explore possible investment in the stock market.

He stated that globally, up to 70% of the pension and insurance funds invest in international stock exchanges.

He also pointed out that the main driver for increasing the amount of investors in the stock exchange is promoting the idea of ​​financial and investment inclusion for individuals.

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