Egypt launches Financial Technology Solutions Support Center "CORBEH"

CAIRO - 19 March 2023: Head of the Egyptian Exchange (EGX) Ramy El Dokani announced the launch of the first center to support innovative financial technology solutions for non-banking activities under the name “CORBEH”. El Dokani explained that technology has always been the basis on which the modernization of financial markets and the enhancement of their growth were built. Therefore, the Stock Exchange decided to establish this center within its headquarters in the Smart Village and to provide all the necessary data and resources for its work. Head of the EGX added that the center will work to qualify and guide companies that provide innovative financial technology solutions and support their growth by providing an integrated package of services and technical, administrative and financial support for them, including setting growth strategies and then following up on implementation as well as training cadres and raising their efficiency with assistance in financial structuring and needed fundraising for expansion. He explained that the stock exchange management places financial technology and its applications at the center of its interests as an effective means to reach financial inclusion and increase the number of traders, as well as to simplify and accelerate all steps and procedures related to the investment process, whether coding, selling, buying, settlements, financing, as well as supervision.

Source:Egypt Today

March 19, 2023 16:52 UTC

Finance      African Press Release      Lifestyle       Hiring       Health-care       Online test prep Corona       Crypto      Vpn      App Review      Company Review      Game Review      Travel      Technology