Chairman of the founding committee: Egypt Clearing contributed to the Securities Union for 4 million Egyptian pounds

Farouk Yousef

Sulaiman Nazmi, chairman of the founding committee of the Egyptian Federation of Financial Securities, said the value of the subscription is £ 25,000, the annual renewal of membership rising to £ 10,000.

During his speech at the first meeting of the Egyptian Securities Union, Nazmi reviewed the resources of the Federation, including donations and donations from companies and badociations.

He added that the Egyptian clearing company for the central depository was the first donors to the union representing 4 million Egyptian pounds.

The remaining resources of the Union in the proceeds of the fund investments as determined by the board of directors, in addition to the material compensation of training programs, research and studies, according to the systems.