Mohamed Farid

Chief of Staff witnesses main stage of "Saif Al Arab" joint drill

Wed, 25 Nov 2020 - 10:14 GMT

Chief-of-Staff of the Armed Forces Lt. Gen. Mohamed Farid attended Wednesday the main stage of a joint military drill dubbed "Saif Al Arab," - "Sword of Arabs".

Egyptian, Sudanese air forces execute main phase of joint ‘Nile Eagles’ exercise

Fri, 20 Nov 2020 - 01:32 GMT

Special forces from both countries are also taking part in the exercise.

2-3 companies to be floated on EGX by end of year: Farid

Tue, 10 Mar 2020 - 01:35 GMT

He said that global and oil market declines are normal due to the current crises and the global panic of the coronavirus.

EGX in eyes of Mohamed Farid

Mon, 27 Jan 2020 - 08:00 GMT

In a seminar held at the headquarters of Business Today Egypt in Cairo, Farid started with a presentation on the stock exchange management efforts to develop the market in coordination with all parties.

State’s IPO on EGX expands ownership base: EGX Chairman

Sun, 29 Dec 2019 - 10:12 GMT

"Offering state-owned companies is one of the most important steps that countries take to revitalize the stock market,"Farid stated.

Egypt focuses on reforming sectors separately: EGX Chairman

Tue, 12 Nov 2019 - 09:20 GMT

Farid added during Egypt’s Economic Summit that Economic reform is a method and not a goal, Farid

Net foreign transactions on EGX hit LE 21 billion: Farid

Thu, 17 Oct 2019 - 08:43 GMT

This came during the session “Investing in financial instruments”, held within the activities of the second day of “Egypt Can” conference.

Increasing competitiveness of EGX will attract foreign, local investment: Farid

Mon, 16 Sep 2019 - 01:47 GMT

Chairman of EGX clarified Monday that increasing the competitiveness of the Egyptian market is an important tool to attract foreign and domestic investments to the Egyptian economy.

Sisi urges training army combatants based on latest techniques

Thu, 18 Jul 2019 - 09:00 GMT

President Abdel Fattah al-Sisi met on Wednesday with Minister of Defense Mohamed Zaki.

PM chairs meeting to boost stock market's role in development plan

Tue, 14 May 2019 - 10:06 GMT

The prime minister held a meeting to boost the Egyptian stock market's role as a sustainable factor in the social and economic development plan.

EGX attracts 0.04% foreign investment to Egypt in 2018

Tue, 23 Apr 2019 - 01:30 GMT

The Egyptian Exchange played a role in attracting foreign investments to Egypt by 0.04 percent despite the slowdown in the global economy during 2018, Nasr said.

EGX to witness 3 private offerings in 2019

Mon, 18 Mar 2019 - 12:20 GMT

Farid said that three private firms expressed their desire to enter the market, noting that the procedures of the offering have started.

Stock market ready to finance expansion of real estate companies

Mon, 18 Mar 2019 - 12:19 GMT

Now, there are 36 real estate companies registered in the Egyptian bourse at a capital of LE 85 billion.

Offering public companies’ shares revives EGX: Farid

Mon, 18 Mar 2019 - 10:43 GMT

Farid added that the delay of listing the shares is not related to the bourse but to the companies themselves

EGX becomes funding member of AELP initiative

Tue, 12 Feb 2019 - 02:05 GMT

AELP is an electronic linking project between African exchanges to promote intra-continent investments in the continent

PM visits Egyptian Exchange

Thu, 07 Feb 2019 - 02:46 GMT

Stock Exchange Board Chairman Mohamed Farid welcomed the prime minister and said today's visit reflects the government's interest in the money market and in raising the trading volume at the stock exchange.

EGX to create new index, replace another within 2 months

Thu, 03 Jan 2019 - 02:56 GMT

Farid clarified in a news conference that this step comes with EGX’s plan to restructure the indices.

Foreign Investors are net buyers at LE 21.98B on EGX since flotation

Thu, 03 Jan 2019 - 02:48 GMT

Farid said in a news conference Thursday that foreign purchases amounted to LE 2.04 billion during the period from September 2014 to October 2016.

EGX witnesses 4 IPOs in 9 months at LE 5.2B

Mon, 15 Oct 2018 - 06:36 GMT

The EGX chairman said that these IPOs are CI Capital, B Investment Holdings, Cairo investment and Real Estate Development, and Sarwa Capital.

EGX chief, 19 regional finance corporations probe enhancing investment in bourse

Wed, 19 Sep 2018 - 03:17 GMT

The bourse said in a statement that Farid expounded to the investors the brave economic reform measures taken by the Egyptian government.