Dr. Mohamed Farid, Minister of Investment and Foreign Trade, attended the opening of the trading session at the Egyptian Exchange (EGX) in celebration of World Investor Week, organized by the International Organization of Securities Commissions (IOSCO). The event was attended by Omar Radwan, Chairman of the Egyptian Exchange, Mohamed Sabry, Vice Chairman of the EGX, and Dr. Mohamed Abdel Aziz, Assistant Chairman of the Financial Regulatory Authority (FRA).
The Minister stressed that spreading financial, investment, and export literacy, as well as empowering youth to participate in economic activity, constitutes a primary pillar for supporting development. He added that achieving this requires integrating awareness efforts with the development of regulatory frameworks and the deployment of technology.
Dr. Mohamed Farid commended the efforts of the Egyptian Exchange in promoting financial literacy, noting that regulatory amendments in accordance with the rules of the Financial Regulatory Authority (FRA) have opened broader opportunities for individuals under the age of 21 to participate in the capital market. He emphasized the necessity of protecting new investors from harmful practices and enhancing cooperation among the EGX, the Authority, and universities to build human capital.
On the export front, the Minister underscored the importance of familiarizing young people with the trade agreements to which Egypt is a party and the preferential advantages they offer for Egyptian products to access foreign markets, alongside rules of origin and regulatory export requirements.
He explained that raising awareness of agreements with the European Union, Arab countries, Latin American and Caribbean countries, and Turkey supports the expansion of Egyptian companies and increases the exporter base, calling for collaboration with universities to introduce students to employment opportunities within exporting companies.
The Minister indicated that utilizing technology and artificial intelligence enhances merchandise and services exports, pointing out that non-oil merchandise exports reached $48 billion by the end of 2025.
He highlighted the importance of developing technological solutions that enable companies to identify target markets and export opportunities, as well as understand rules of origin and required standards, reviewing the role of Trade Technology (TradeTech) initiatives—including the TradeTech Sandbox—in encouraging youth to innovate solutions that facilitate access to international markets.
