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Parliament moves to safeguard stock exchange ranking
Deputy Ayman Mohseb submitted a question to the government regarding the strategy to support the position of the Egyptian Exchange in emerging market indices, with a focus on reviews by international rating agencies such as "FTSE Russell" and "S&P Dow Jones." He highlighted the importance of these reviews, which directly influence the attraction of foreign investments, emphasizing the need to enhance liquidity, increase free float ratios, and develop the market to ensure stability in the classification and attract capital. He called on the government to prepare a national plan to improve competitiveness and align it with Egypt's Vision 2030.
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