Mahlab Hailed Performance of Stock ExchangeSource: www.export-egypt.com 5/7/2014, Location: Africa |
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Prime Minister Ibrahim Mahlab said the government is taking a wide range of measures for the sake of ordinary citizen topped by securing subsidy for the targeted categories.
Inaugurating the conference, under the theme “Stock Exchange Initial Offers”, the PM said economic challenges are extremely difficult and the economy passed through the most difficult periods during the past three years. Mahlab hailed performance of the stock exchange during the past few months, saying stock exchange indexes have tangibly improved during the past few months. He said figures indicate that the stock exchange has provided nearly LE2 billion of finance for companies during the first quarter of the current Fiscal Year and more than LE5 billion during the past year. He called on the private sector to take advantage of this improvement, urging media and other quarters of the society to launch campaigns for pooling Egyptians savings through their subscription to national companies. |
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