Minister of Investment and Foreign Trade Mohamed Farid met on Wednesday with Chair of the US Securities and Exchange Commission (SEC) Paul Atkins on the sidelines of his participation in the B20 USA 2026 Business Summit in Washington.
During the meeting, the two sides discussed strengthening Egyptian-US co-operation in capital market development and exchanging regulatory and technical expertise.
Minister Farid, for his part, stressed that greater integration between Egyptian and international capital markets would open broader horizons for diversifying funding and investment sources for the Egyptian economy, while enhancing the competitiveness of the local market and its ability to attract investment.
He described capital market development as a key pillar of efforts to strengthen the Egyptian economy, expand financing opportunities for the private sector and create new investment prospects.
He also highlighted its role in reinforcing governance and transparency standards and enabling Egyptian companies to access local and international markets to finance their expansion and growth plans.
The minister reviewed the state’s efforts to modernise the Egyptian capital market’s regulatory and technological infrastructure, including trading, disclosure, supervision and governance systems, in line with international best practices.
He underlined the importance of strengthening partnerships and exchanging expertise with the US side to further develop regulatory frameworks and improve market efficiency.
These efforts aim to encourage more companies to list, broaden the investor base and provide a wider range of attractive opportunities for domestic and international investors, thereby deepening the market and enhancing its competitiveness.
For his part, Atkins outlined the US experience in capital market regulation and trading oversight, expressing readiness to share expertise and provide specialised technical resources to support the continued development of Egypt’s capital market.
