A delegation of the Tunisian capital market leaders witnessed the opening of the trading session on Monday and discussed the joint cooperation mechanisms
Farid: activating the agreement to strengthen cooperation and enhancing the stock exchanges role in financing economic and social development plans
The Egyptian Exchange (EGX) started activating the Memorandum of Understanding (MoU) signed with the Tunisian Stock Exchange within the agreements signed between the two sides on the sidelines of the Egyptian-Tunisian Joint High Committee meeting by the end of 2015 to enhance cooperation in the capital market issues.
This comes within the preparations for the 17 th session of the Joint High Committee meeting of the two countries, which will be hosted by Tunisia in the first quarter of 2019.
Over the past two days, EGX has received a delegation of the Tunisian capital market leaders including Salih Al Sayel, Chairman of the Tunisian Capital Market Authority, Bilal Sahnoun, General Manager of the Tunisian Stock Exchange, Maher El Zouwari, General Manager of the Tunisian Clearing and Dalanda Bio, Head of the Tunisian brokers association.
The Tunisian delegation met the capital market parties from EGX, Misr for Central Clearing, Depository and Registry (MCDR) and representatives of a number of the Egyptian brokerage companies.
EGX leaders and the representatives of different sectors reviewed during 5 workshops the performance developments, the executed development plans and the future targets to discuss the possibility of cooperation and exchanging experiences between the two exchanges,
With this regard, Mohammad Farid, EGX Chairman, said that activating the joint agreement came as per EGX keenness to enhance the mutual cooperation and exchanging experiences among the regional markets and to strengthen capital markets’ role in supporting the economic and social development plans between the two countries to promote economic growth, therefore providing more jobs to improve the living conditions.
