The Clap
Today, the first meeting between Dr. Mohamed Farid, Chairman of the FRA, and Dr. Rami El-Dokany, Chairman of the EGX, discussing the future of the Egyptian financial market took place.
The Deets
In the meeting, Dr. Mohamed Farid confirmed that the EGX and the FRA will work together to set new policies that guarantee market stability and the protection of investors.
El-Dokany also clarified that all parties will work together to implement the EGX’s strategy to stimulate the money market, especially financial derivatives.
Why this Matters
Dr. Rami El-Dokany was appointed as Chairman of the EGX, with Dr. Heba ElSerafi as Vice Chairman of the EGX.