Cairo – Mubasher: The Egyptian Exchange (EGX) on Monday announced that the memorandum of understanding (MoU) signed with Tunisia's stock market, Bourse de Tunis, in 2015 has come into force to boost collaboration between the two markets.
This comes within the preparations for the 17th session of the Egyptian-Tunisian Committee to be held in Tunisia in the first quarter of 2019.
Mohamed Farid, chairman of the EGX, said that activating the mutual agreement comes under the EGX management’s keenness to reinforce collaboration and expertise exchange between the stock markets in the region.
This will also strengthen the role of stock markets in bolstering economic and social development plans between the two countries to boost economic growth and offer jobs that improve social conditions, Farid added.
The EGX had welcomed a delegation of the Tunisian market’s leaders over the past two days, including chairman of Bourse des Valeurs Mobilières de Tunis saleh sayel and director general of Bourse de Tunis Bilal Sahnoun.
