Dr. Sherif Fahkry Mohamed Abdel Nabi, President of the Egyptian-Russian University, and Professor Ahmed El Sheikh, President of the Egyptian Stock Exchange, signed a cooperation protocol inside the university campus in Badr City, Cairo Governorate, with the aim of enhancing financial awareness among university students; and to open horizons for financial and economic awareness and to confirm the vital role of the Egyptian Stock Exchange in the national economy, and to consolidate financial culture among various segments of the local and international community, especially university youth. This comes within the framework of the continuous endeavor to enhance the capabilities of youth and integrate them into the economic system, which contributes to qualifying them to meet the needs of the labor market, and maximizing their role in building a strong and effective society.
In the same context, the President of the Egyptian-Russian University announced that signing the protocol with the Egyptian Stock Exchange is an important step in consolidating the culture of saving, investment and entrepreneurship among university students, which qualifies them to establish and manage their projects in the future; given their good education by financial market experts in the various sectors of the Egyptian Stock Exchange; Through: “workshops, seminars, lectures, field training visits within the stock exchange departments and the trading hall”, to learn how to manage money professionally, and master the tools for success in the financial and banking markets, whether: “local or international.”
Dr. Sherif Fahkry Mohamed Abdel Nabi pointed out that the “stock exchange” is one of the investment methods provided that the investor has a sufficient level of culture of dealings and trading in a comprehensive manner, through companies licensed to deal and trade on behalf of others within the stock exchange. Noting that it allows the investor to diversify his investments in more than one industrial or commercial sector; due to the diversity of shares of companies registered in the stock exchange and the different activities in which these companies or factories operate.
For his part, Professor Ahmed El Sheikh, Chairman of the Egyptian Stock Exchange, confirmed during the protocol signing ceremony that successful investment requires the integration of academic aspects with practical application; therefore, the concluded cooperation protocol aims to enhance the financial culture of university students and develop their abilities to manage their savings and investments, in addition to providing them with the scientific and practical skills necessary for this purpose.
Professor Ahmed El Sheikh explained that the vision of the Stock Exchange, especially during the last two years, is based on enhancing investment awareness among Egyptian university students in various governorates. He pointed out the importance of including specialized courses in the principles and basics of investment within university curricula; which contributes to forming a strong financial culture for graduates, and enabling them to make informed decisions in the areas of savings and investment, in addition to enhancing rational consumption behavior.
The Chairman of the Egyptian Stock Exchange added that this cooperation aims to develop students’ skills and prepare them to manage personal financial resources and make sound financial decisions. He explained that the protocol between the Stock Exchange and the Egyptian Russian University would enhance the concept of entrepreneurship based on academic knowledge and practical application, in addition to its role in consolidating financial culture among students.

At the end of his statements, Professor Ahmed El Sheikh stressed the need for investors to carefully examine the selection of brokerage firms, and ensure that they have obtained the necessary licenses to practice their activity. He stressed that this can be verified through the official website of the Egyptian Stock Exchange.
In the same context, Dr. Tahera El-Sayed, Dean of the Faculty of Management, Economics and Business Technology at the Russian University, welcomed the cooperation and partnership with the Egyptian Stock Exchange as it represents the official stock market in Egypt, and the entity entrusted with spreading financial culture among members of society. She pointed out the keenness of the college administration to provide its students with the necessary knowledge and skills to contribute to preparing a graduate capable of dealing with the labor market, whether: “local, regional, or international”; to contribute to building a promising economy for our beloved Egypt and achieving the goals of sustainable development and “Egypt’s Vision 2030”.
In a related context, Dr. Nihad Hosni Youssef, a lecturer in the Department of Accounting at the Faculty of Management, Economics and Business Technology at the Egyptian Russian University, noted that the cooperation protocol is a wonderful strategic step towards enhancing financial awareness among university students; which contributes to acquiring practical knowledge about financial markets and banking entities, and preparing qualified young cadres that push the Egyptian economy to develop, as the Egyptian Stock Exchange plays a pivotal role in the economy by providing diverse investment opportunities which serves the interests of students after their graduation.