2022 – A year of challenge for capital market: CIB Egypt Chairperson

0
162

Sherif Sami, Chairperson of the Commercial International Bank (CIB) Egypt and former chairperson of the Financial Regulatory Authority, reflected on the situation of the local financial market amid the uncertainty that may confuse investors and market dealers.

In an interview with Daily News Egypt, Sami said that he believes this year represents a great challenge for the Egyptian capital market, urging the government to accelerate any initiatives or legislative amendments, as the rapid movement in this regard gives investors, especially foreign institutions, the impression that they come at the forefront of the country’s priorities, which reduces the risks associated with uncertainty.

What occupies the minds of investors and dealers in the financial markets globally?

The vision is still unclear about the coronavirus pandemic, nearly two years after its appearance. While some believed that the last months of 2020 would…

Read more…