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Mohamed Farid, president of the Egyptian Stock Exchange, participated in a conference organized by the Organization for Economic Co-operation and Development (OECD) on the theme "How to strengthen corporate governance" in Portugal.
The Stock Exchange Chairman said that improving transparency and transparency is needed to increase the efficiency and depth of the financial markets, particularly in terms of liquidity and trading rates and to take into account transparency and transparency.
In his speech at the conference, Farid added that ESA is committed to playing its part in raising awareness among all securities issuers of best practices for disclosure of periodic data and essential information. .
He explained that the disclosure process is the backbone of any financial market because of the important role it plays in reducing risk, the sharp fluctuations in stock prices and the reduction of rumors , noting that the stock market management has improved information and transparency. New Disclosure Management
Farid pointed out that the ASE regularly works to arrange meetings between those responsible for the relations between the two companies, Investors and Investment and Research Managers to improve the transmission of information. 39, information on regulated companies to market parties to improve the decision-making mechanism, to identify detailed information on the performance of companies and their future trends.
The process of access to information and data for investors in an efficient and regular manner, while respecting the commitment of all the restricted companies using the electronic disclosure system.
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