Head of Egypt's bourse Mohamed Omran sad the securities market manged to provide more than 100 billion pounds for development projects.

In statements to MENA on Tuesday he said the funds were pumped in various economic activities in past 10 years.

The bourse is able to provide a similar amount of funds for the Suez Canal development projects, he added.

He praised the recent historic achievements under President Abdel Fattah El Sisi whose government managed to carry out the New Suez Canal project in one year.