News Details
EGX Chairman Meets Youth & Sports Minister To Discuss The Mechanisms To Raise The Youth Investment Awareness
18/09/2017
Mr. Mohamed Farid, Chairman of EGX, met today with Eng. Khalid Abdel Aziz, Minister of Youth and Sports. The meeting discussed the most important ways of joint cooperation to increase investment awareness among Egyptian youth.
 
During the meeting, the two sides agreed to resume the training courses held by EGX at the youth centers affiliated to the Ministry in order to shed light on the role of the capital market and to define its importance as a long-term saving benefit.

In this context, Mr. Mohamed Farid said that the upcoming training courses are aimed at raising awareness among youth about the fundamentals of investment, the importance of non-banking financial services and the role of the capital market in increasing savings rates and its impact on increasing the levels of investment necessary to achieve the required economic growth rates.
He also added that the meeting also dealt with the expected role of the capital market under the new sports law, which allows clubs to establish companies for various sports activities, which allows these companies to benefit from the various options and financing tools offered by EGX to finance their expansions which ends generally in development of sports activity in Egypt.
                           
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