Egypt Bourse Seeks Disaster Recovery System Launch; Chief Says

Egyptian bourse is looking forward to establishing its own information center ‘Disaster Recovery’, said chief on Tuesday.

Dr. Mohamed Omran, the Chairman of the Egyptian Exchange, stated that the EGX board members have approved founding bourse’s Disaster Recovery information.  The Egyptian bourse management is currently studying all the requirements necessary to establish the DR.

Disaster recovery (DR) is the process, policies and procedures that are related to preparing for recovery or continuation of technology infrastructure which are vital to an organization after a natural or human-induced disaster.

Disaster recovery is a subset of business continuity. While business continuity involves planning for keeping all aspects of a business functioning in the midst of disruptive events, disaster recovery focuses on the IT or technology systems that support business functions.

Leave a comment