Head of the Egyptian Stock Exchange Mohammed Farid said that preliminary measures have already been taken to establish a futures contracts market in the country after international financial institutions have shown their desire to sign contracts on certain Egyptian products.
In statements to Asharq Al-Awsat on the sidelines of the meetings between the International Monetary Fund (IMF) and the WorldRead more
The amended rules of listing and delisting securities at the Egyptian Stock Exchange came into force as of Sunday, announced the Egyptian Financial Supervisory Authority (EFSA).
In a statement released on Sunday, Chairman of EFSA Sherif Samy said the amended rules of priorities of listing and delisting securities were published in Egypt's Gazette upon approval of EFSA's board of directorsRead more
Egyptian Stock Exchange Chairman Mohammad Umran on Sunday signed a memorandum of understanding (MOU) with Brazilian stock-exchange and futures-market operator BM&F Bovespa SA on exchange of information and expertise.
In a statement released Sunday by EGX said the MOU was signed on the fringe of a meeting of the General Assembly of the World Federation Of Exchanges. It will enableRead more
The Egyptian Stock Exchange (EGX) indices showed mixed performance at the close of trading on Sunday amid purchases by institutions and foreign investment funds and sales by local and Arab investors.
The market capital won about EGP 100 million to hit EGP 419.3 billion, after transactions of EGP 500.6 million.
The benchmark EGX 30 index rose 0.82 percent reaching 8,436.82Read more