articles | 25 January 2015

Cyprus - Egyptian Stock Exchanges set to enhance cooperation

The Chairman of the Egyptian Exchange, Mohamed Omran, recently visited the Cyprus Stock Exchange with a view to discuss ways to further enhance existing cooperation between the two Exchanges.

According to a press release, Omran had a meeting with Nondas Cl. Metaxas, Director General – CEO of the Cyprus Stock Exchange and other officials.

The two Stock Exchanges have an excellent relationship which is based on a relevant Memorandum of Understanding (MOU) signed in 2008, the press release read, adding that the scope of the MOU covers various areas of co-operation between the two Stock Exchanges, including consultation services, exchange of information and as well as a number of other important issues with regards to regulated capital markets.

The purpose of the meeting was to explore the possibilities for expanding this co-operation and strength.

Source: CNA

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