8 Hrs
Source:
الاقتصادية
Egypt and Abu Dhabi stock markets collaborate
The Egyptian Exchange and Abu Dhabi Securities Exchange have signed a strategic Memorandum of Understanding to enhance cooperation and develop the financial services industry in Egypt and the UAE. The goal is to support investment flows between the two markets and attract international investments. This initiative is part of efforts to liberalize the market and diversify financial instruments, such as trading bonds and bills, as well as developing derivatives and futures platforms to increase liquidity and improve the business environment. The initiatives include facilitating cross-border trading, collaborating in fintech, and exchanging expertise, all aimed at expanding the investor base and increasing foreign investment flows into Egypt, with a focus on enhancing market efficiency and diversifying investment tools.
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