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Allowing national ID card holders starting from 15 years old to invest in the stock exchange
1/6/2025

The Board of Directors of the Financial Regulatory Authority, headed by Dr. Mohamed Farid, issued Decision No. 286 of 2024 amending the decision of the Board of Directors of the Authority No. 23 of 2021 regarding the controls for youth dealing in securities listed on the Egyptian Stock Exchange; To encourage young people to invest a greater amount of their money through safe financial channels in amounts that are commensurate with the current economic conditions.

The decision allowed those who hold a national ID card at the age of 15 and have not reached 21 years, instead of the current 16 years, to deal in securities listed on the Egyptian Stock Exchange, within the limits of the money that comes as a result of their work and within the limits of the money they receive for their expenses, in addition to the right of those who have reached the age of eighteen and have been authorized by their guardian or the court or have received these funds by virtue of the law to manage their funds, all in accordance with the legal controls stipulated in the Civil Code and the Law of Guardianship over Money.

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