- Baku Interbank Currency Exchange: BBVB and the Central Bank of Azerbaijan CBA signs the contract on connection of BBVB to bank system Temenos T24.
- BUCHAREST SE: Bucharest Stock Exchange (BVB) ends 2011 with a turnover of RON 21.73 million, with a growth of 66.4%, the net profit of BVB for 2011 increased compared to 2010 by 197% up to RON 16.96 million1 and the operating result was 21 times higher than the one obtained in 2010.
- NASDAQ OMX ARMENIA: Henri Bergström holds the position of the Director of New Markets at NASDAQ OMX, leading company’s initiatives aimed at identifying and acting upon growth opportunities from Eastern Europe and Central Asia.
- Palestine Exchange: The stock market that has most consistently ranked as a top performer in the Arab world over the past few years has not been that of Dubai or Cairo, but the Palestine Securities Exchange in Nablus on the West Bank. During the Arab Spring uprising last year, the financial crisis in 2008 and the regional boom year of 2005, the exchange outperformed most regional rivals as listed Palestinian companies reported hefty profits in spite of ongoing political Analysts say investor interest in public Palestinian companies has grown over the past two years, with many new listings on the exchange at a time when initial public offerings have remained at a standstill elsewhere in the Middle East.
FEAS Newsletter March 2012 Issue