The Egyptian Exchange (EGX) won the vice presidency seat in the Federation of Euro-Asian Stock Exchanges (FEAS) after elections held during FEAS's 18th General Assembly meeting 20-21 September 2012, Sofia - Bulgaria.
EGX's main competitor for this seat was Amman Stock Market (ASE). ASE decided to pull back from the election before announcing the results leaving EGX as the winner.
FEAS's annual General Assembly has been held in the presence of Delyan Dobrev - Bulgaria?s Economy, Energy and Tourism Minister and Mustafa Baltaci - FEAS Secretary General.
The Federation of Euro-Asian Stock Exchanges (FEAS) was established on 16 May 1995 with 12 founding members who have grown to reach 34 full members. The members Markets of (FEAS) represent US$ 621.7 billion as market capitalization and more than 9,649 traded companies as the figures of 31 Dec 2011.
FTSE Mondo Visione Exchanges Index:
Egyptian Exchange Wins Vice President Seat In The Euro-Asian Stock Exchanges Federation
Date 23/09/2012