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IDSC says EGX leading financial institution in terms of capital market sustainability

EGX launched its sustainability index in accordance with the methodology of Standards & Poor’s, becoming the second in the world and the 1st in Africa
23.05.23 | Source: Egypt Independent

The Cabinet’s Information and Decision Support Center (IDSC) has stated that the Egyptian Exchange (EGX) is considered one of the leading financial institutions, where capital market sustainability is concerned.


In 2010, the EGX launched its sustainability index in accordance with the methodology of Standards & Poor’s, becoming the second stock exchange in the world and the first in Africa and the region, said an IDSC report on Sunday 21/5/2023.


The EGX came first in terms of good governance standards especially in terms of the formation of boards of companies listed in the bourse, according to the report, which focused on the state of the financial market at the global and local levels.

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