FRA Board of Directors met with Dr. Islam Azzam for the first time since his appointment as Executive Chairman of the Egyptian Exchange. The Board thanked him for his contributions and hard work as FRA’s former Vice Chairman.
Dr. Mohamed Farid, FRA Chairman and the board members praised Dr. Azzam’s efforts in developing the non-banking financial sector and wished him success in his new role at the EGX.
The meeting laid out a roadmap for closer coordination to develop Egypt’s Capital Market. The primary goals are to boost efficiency, enhance competitiveness and introduce new financial products to deepen the market. All efforts will prioritize market stability and investor protection while increasing liquidity and trading.
It is worth noting that Prime Minister Dr. Mostafa Madbouly issued Decree No. (2812) of 2025 appointing Dr. Islam Azzam as Executive Chairman of the Egyptian Exchange for one year.
Last modified: September 16, 2025