The Egyptian Exchange hosted the 65th AGM of the Federation of Euro-Asian Exchanges, as well as the working committees Working Committee meeting. The meetings discussed the federation financials and budget for the year 2023. Members reviewed the plan for coming year including workshops, training, studies, and surveys of the next year.
Rami El Dokany, Executive Chairman of the Egyptian Exchange, welcomed Mrs. Alina Aldambergen, acting President of the Federation and Chairman of the Kazakhstan Stock Exchange. He stated that these meetings represent unique opportunity for exchange to share experience and share experiences with the rest of the Federation's members.
El-Dokani added that this year's meetings witnessed a review of a number of important issues during the working committees, where they discussed mechanisms of cooperation between members and means of developing and increasing reliance on technological solutions in order to improve and raise the efficiency of capital markets.
Alina Aldambergen, Acting Chairman of FEAS and Chairperson of the Kazakhstan Stock Exchange, said: “Today's meeting of the members of the Federation of Euro-Asian Exchanges witnessed a presentation of the year's achievements. We thank the Egyptian Stock Exchange for inviting us and hosting the meetings of the Federation and the General Assembly. This year witnessed the addition of 7 new members The federation also organized many events, including training, actual training for federation members on the Kazakhstan Stock Exchange, and workshops on sustainability, investor relations, crowdfunding, and other major topics.
The Federation of Euro-Asian Stock Exchanges (FEAS) was established on 16 May 1995 in Istanbul with 12 founding members. During the Extraordinary General Assembly Meeting of the Federation held on May 16, 2017, it was decided to move the Federation’s headquarter from Istanbul- Turkey to Yerevan-Armenia, after 22 years of operation in Turkey.
Currently, the federation has 43 members: 21 full members, 10 affiliate members, 8 observers and 4 partners including post trade institutions, dealers associations and regional federations from 31 countries.