Samia al - Faqi
The President of the Egyptian Stock Exchange, Omar Radwan, received the exchange headquarters in Central Cairo, Dominic Joh, Ambassador of the Republic of Singapore to Cairo, where the two sides reviewed ways to strengthen bilateral cooperation between the two countries in the areas of the money market and attract more foreign investment flows to the Egyptian market.
The meeting discussed possible cooperation between the Egyptian stock exchange (EGX) and the Singapore Stock Exchange (SGX) and how to take advantage of Singapore ' s leading Singapore experience as a global financial centre that links Asian markets to the State, especially in the areas of governance, the provision of advanced financial instruments and the development of joint investment funds, opening new prospects for the exchange of expertise between the two sides.
During the meeting, the President of the Egyptian Stock Exchange, Omar Radwan, stressed that the Egyptian Stock Exchange attached great importance to the study and transfer of Singapore ' s successful practices and experiences in developing the money market, particularly with regard to digital and other different files.
Radwan pointed out that the Egyptian stock exchange was currently undergoing a steady development aimed at increasing the depth of the market and facilitating restrictions and trading procedures, making it a attractive environment for major enterprises.
For his part, the Ambassador of Singapore commended Cairo on the organizational surge in the Egyptian economy and the money market in particular and reviewed the features of the Singapore experience, which was based on the building of a flexible and robust legislative environment, which had succeeded in polarizing world capital.
On the margins of this visit, Ambassador Sangafori was escorted by Omar Radwan to a tour of the historic stock exchange headquarters in central Cairo and listened to a detailed explanation of the openings of the exchange on the stock exchange, the most important historical stations and the two sides exchanged commemorative gifts.
