Egypt’s Prime Minister has announced the appointment of Mohamed Sabry as the new Vice Chairman of the Egyptian Exchange (EGX), marking a strategic move aimed at strengthening the country’s capital market.
Sabry, a seasoned financial expert with years of experience in market regulation and investment strategy, is expected to play a pivotal role in driving reforms, enhancing investor confidence, and promoting transparency across the exchange. His appointment comes at a time when Egypt is seeking to attract more foreign investment and expand its equities market.
Analysts say the leadership change signals the government’s determination to modernize the EGX and align it with global standards, positioning it as a more competitive player in the region.
The appointment of Sabry is widely seen as part of broader economic reforms designed to stimulate growth, deepen market liquidity, and improve governance within Egypt’s financial sector.
