El-Khatib was joined by Deputy Prime Minister and Minister of Industry and Transport, Engineer Kamel Al-Wazir, along with Minister of Planning and International Cooperation Dr. Rania Al-Mashat, Minister of Supply and Internal Trade Dr. Sherif Farouk, Financial Regulatory Authority (FRA) Chairman Mohamed Farid, and Egytrans Chairman Maged Shawky.
The Investment Minister stated that the visible development
of the EGX reflects the capital market's ability to offer modern financial
instruments. He added that these transformations support companies' growth
plans and enhance the market's effectiveness.
El-Khatib stressed that the government is rapidly
strengthening the capital market's institutional structure by developing rules
and tools to boost investment attractiveness. He described the exchange as an
"honest mirror of the economy," stating that its improvement reflects
the strength of current economic directions.
He noted that the government is operating under four main
policy pillars: fiscal, monetary, trade, and state ownership.
El-Khatib highlighted that the ongoing development
represents a "qualitative revolution" in modernizing the capital
market. He affirmed Egypt's strategic goal of joining the world's top 50
countries in capital market indicators and economic competitiveness, pointing
out that comparative international experiences show Egypt is moving in the
right direction at an advanced pace.
He concluded by congratulating the new EGX Board of Directors for their role in enhancing market efficiency and supporting reforms that serve the national economy and attract capital.