EGX celebrates Orphan’s Day, collects donations

CAIRO – 4 April 2018: The Egyptian Exchange (EGX) has hosted a celebration of the Orphan’s Day in the presence of EGX head Mohamed Farid and Ali Gomaa, Egypt’s former Mufti and Chairman of the Board of Misr el-Kheir Foundation.

Farid said that the EGX’s celebration of the Orphan’s Day for the third year in a row confirms the exchange’s keenness on social responsibility as it considers it one of the main instruments to achieve economic development.

The EGX has launched a donations campaign, in which 15 EGX-listed companies participated.

Farid said on the sidelines of the celebration that the campaign garnered LE 870,000 and that the EGX has donated LE 250,000

Gomaa said that the EGX is a main platform for economic development and creating jobs, which will help improve the livelihoods of people.

He added that Misr el-Kheir Foundation is planning to launch five investment charity funds to finance projects in the fields of education and health.

Misr El Kheir Foundation (MEK) is a non-profit development institution established in 2007 with the objective of developing the Egyptian individual in a comprehensive manner.

Egypt celebrates the National Orphan’s Day on the first Friday of April every year, aiming at creating awareness about the difficulties Egypt's orphans face.