The United Nations (UN)’ sustainability committee, formed as per the UN’ initiative for the stock exchanges’ sustainability (UN-SSE), selected the Egyptian Exchange (EGX) as a reference model for communication between the stock exchanges and the other market participants.

The Committee expressed its appreciation for EGX’ efforts in the sustainability field, and praised EGX’ model for the effective communication with the market’ parties, and called the initiative’ members of the other stock exchanges to follow both of EGX and the Brazilian Stock Exchange "Bovespa" as pioneered models in this field.

Dr. Mohammad Omran, EGX Chairman, stated that EGX’ participation as a leader in the Middle East and North Africa region in the stock markets’ sustainability initiative started with the initiative’ launch since 2012 as one of the 5 founders ‘stock exchanges for that initiative (which are EGX, Nasdaq, Bovespa ,Johannesburg Stock Exchange and Istanbul Stock Exchange of Turkey), where the UN General Secretariat for Trade and Development (UNCTAD) called the rest of the world's stock exchanges to follow the 5 models’ stock exchanges in their commitment for the sustainability criteria.

EGX Chairman pointed that this leading experience comes as per EGX’ realization of the importance of the stock markets’ sustainability elements, and their role in the overall development.