The Clap
The Financial Regulatory Authority (FRA) is work diligently to increase institutions’ investments in the capital markets.
What
Notable entities whose investments would add significant value to the capital markets include insurance & retirement funds.
So what
State-owned companies are being prepped to list on the EGX, something the EGX needs if it is to receive large investments from these funds.
Now what
Savings rates are currently on top of FRA Chairman Dr. Mohamed Farid’s agenda, as it’s proven to have a positive correlation with economic growth.
