Bahrain Stock Exchange Visit To EGX

A delegation of Bahrain Stock Exchange chaired by Sheikh Khalifa Al-Khalifa, executive chairman, in presence of Mr. Ibrahim Al-Aradi, trading and members’ affairs director and Mr. Aly Al Mansour, international relations’ director of Bahrain Stock Exchange, visited the Egyptian Exchange (EGX) today. During the meeting that was held between the Bahraini delegation and EGX Chairman, Dr. Mohammad Omran in presence of EGX executives, both sides discussed the ways of cooperation and the available mechanisms to link the 2 exchanges by the linking mechanism FIX HUB, also to highlight EGX experience in the deals market for non-listed companies as well as Bahrain Exchange experience in developing an active market for the governmental bonds.

Sheikh Khalifa expressed his thanks and appreciation for Dr. Mohammad Omran and EGX team’ hospitality, and his happiness with the remarkable developments witnessed by EGX in various aspects, which will help to expand the cooperation between the 2 exchanges to positively affect the development and prosperity of the two markets and the related parties. He stated that it was agreed with EGX officials to follow the debate about the common issues during the next phase.
Dr. Mohammad Omran pointed to the importance of cooperation with regional Exchanges, which leads to increase the funds movement between them and to facilitate the investors’ entry and exit as well as to encourage the dual-listing processes.
During the visit, Bahrain Stock Exchange chairman invited Dr. Mohammad Omran to attend the Arab Exchanges union’ conference to be held during next April.

The Bahraini delegation will complete his meetings by visiting the Egyptian Financial Supervisory  Authority (EFSA), Misr for Central Clearing, Depository and Registry (MCDR) to have an overview for the different market parties, as well as Egypt for Information dissemination company (EGID).