PM chairs meeting to boost stock market’s role in development plan

CAIRO – 14 May 2019: Prime Minister Mostafa Madbouly held a meeting to boost the Egyptian stock market’s role as a sustainable factor in the social and economic development plan.

The meeting witnessed the presence of Chairman of the Egyptian Stock Exchange Mohammed Farid and a number of ministers who expressed their keenness to support the stock market.

During the meeting, Farid discussed ways to increase the efficiency of the stock market through reducing transaction costs and launching serious trials to settle the suspended disputes with a number of governmental companies.

At the end of the meeting, the prime minister stressed that the meeting reflected and confirmed the interest of the political leadership and the government to enhance the capital market and all its entities.