The United Nations’ Sustainable Stock Exchanges initiative (UN SSE) hailed efforts being exerted by Egypt's stock market in the field of sustainable development.

In a statement by the bourse Wednesday, participants in the Third International Conference on Financing for Development, which was held in Addis Ababa, underlined the important role played by the EGX in promoting the private sector on societal participation.

Chairman of the EGX Mohamed Omran said that the UN hailed the EGX in leading the private sector to play a more effective role.

The UN SSE initiative, founded in 2009, is co-organized by the United Nations Conference on Trade and Development (UNCTAD), United Nations Environment Program Finance Initiative (UNEP FI), United Nations Global Compact and UN-supported Principles for Responsible Investment (PRI).