IFC director: improving transparency will attract more investments

CAIRO – 27 November 2017: International Finance Corporation (IFC) director Mouayed Makhlouf has pressed for improving transparency and regulatory reform, believing this is vital to attract more investments to the Egyptian market and help achieve economic growth.

He was speaking at a roundtable on Egypt's capital market, which started earlier Monday and will wrap up work Tuesday.

"We hope this gathering will help further develop regulatory standards and enforcement practices, as well as technical solutions to allow for better disclosure by companies listed on the Egyptian Exchange," Makhlouf said.