Egypt Bourse Board Convenes, Reviews Plans Over June 30 Protest

Egyptian bourse’s Board Of Directors had convened a meeting on Monday to discuss the latest developments in the market besides the mechanisms to boost the liquidity and increase the number of firms listed in the bourse.

The outgoing Chairman of the Egyptian Exchange Dr. Mohamed Omran has commended the board’s performance for its efforts over the last four years which witnessed multiple challenges reversely affected the market following the outbreak of January 25th uprising in 2011.

Moreover, Dr. Omran has also welcomed the newly-elected Board of Directors who attended the EGX board meeting so as to get to know and discuss the bourse’s latest plans to develop the market.

Meanwhile, EGX’s incoming Chairman Mr. Atef Yassin El-Sherif had reviewed during the meeting the key measures the bourse plans to adopt, seeking to contain any potential repercussions of the upcoming anti-regime mass demonstrations, scheduled for June 30.