EGX & LSEG Roundtable Discusses Developing Capabilities of SMEs & means of Financing for Growth
Posted: Tuesday, 25 Jun 2019
The Egyptian Exchange (EGX) in collaboration with the London Stock Exchange Group
(LSEG) held a SMEs roundtable to discuss funding and technical support for the
expansion of SMEs in Egypt.
The roundtable was attended by representatives of international financial institutions,
namely; International Finance Corporation (IFC), European Bank for Reconstruction and
Development, CDC Group, as well as Egyptian SMEs from different sectors seeking
The panels of the roundtable discussed efficient means for capital increase, experiences
of companies to get funding, as well as the challenges facing them during the listing
process in the capital market, and lastly how to optimize professional communication
process to support growth strategies.
Mohamed Farid, EGX Chairman, said that the capital market has technological and
legislative infrastructure supporting and helping small businesses to access funding for
future growth, stressing that the new CRM system launched by EGX recently addresses
potential companies acquainting them with the benefits and procedures of listing.
Farid urged all international institutions participating in this roundtable to promote joint
work to unite efforts that support the ambitious growth of SMEs stressing that the
coming period will witness extensive efforts from EGX in providing awareness and
support for the Egyptian SMEs. He added that he is looking forward to future
cooperation with participating financial institutions unifying all efforts for the benefit of
SMEs in Egypt.