Kuwaiti Investors Eye Egypt Opportunities
The Chairman of the Egyptian Exchange stated that the market has demonstrated outstanding performance in recent periods, with the market capitalization surpassing 4 trillion Egyptian pounds (approximately 83 billion US dollars). Trading volumes have reached record levels, exceeding 15 billion pounds daily, and the number of new investors has increased to over 385,000 since the beginning of the year. He pointed out that the structural reforms implemented by the Exchange’s management have contributed to making the market more attractive to investments, focusing on diversifying financial instruments, including derivatives, sukuk, bonds, exchange-traded funds, and the carbon market. Kuwaiti investors, whose companies number over 1,800 operating in Egypt, praised the Egyptian Exchange’s efforts to enhance transparency and develop trading mechanisms, emphasizing the growing interest of Kuwaiti investors in exploring investment opportunities in the Egyptian market and strengthening economic cooperation between the two countries.
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