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Cabinet Hails Egyptian and Arab Support of Stock Market


Public Invitation to Invest in Shares

and Investment Fund

The government is keen to clarify investing methods in the Egyptian Stock Market, a statement issued by the Cabinet on Thursday declared.

...

Public Invitation to Invest in Shares and Investment Fund The government is keen to clarify investing methods in the Egyptian Stock Market, a statement issued by the Cabinet on Thursday declared. The Egyptian Cabinet welcomed the interest demonstrated by the public at home and abroad, as well as the keenness of Arab citizens to support the Egyptian economy and boost up Egypt's Stock Market, when re-opened, inviting them to invest through two different channels. The first includes brokerage firms registered in the Egyptian Stock Market, which buy and sell shares upon investor's request in return for a small commission. This only requires an investor code, which is usually obtained by the brokerage firm acting on behalf of the investor. Data on such firms is available on the Egyptian Stock Market website (www.egtptse.com), as well as other websites involved in securities investment. The other channel includes investment funds which are available at many of the public or private commercial banks operating in Egypt. These funds offer a diversified Share of Wallet (SOW), listed on Egypt's Stock Market according, to studies carried out by the bank to ensure a decent return for beginners. The fund that issues instruments, usually with an affordable minimum (less than 100 pounds in some banks), carrying a reasonable interest.

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Cabinet Hails Egyptian and Arab Support of Stock Market