More Cross-listing Deals on Egypt Bourse’s 2015 Top Agenda – Official

Egypt’s market regulator is preparing for more cross-listing deals between the country’s bourse and its global counterparts, EFSA chairman said on Saturday.

According to Sherif Samy – Chairman of the Egyptian Financial Supervisory Authority (EFSA), the authority seeks to activate within 2015 further cross-listing agreements for the Egyptian Exchange (EGX) and other global stock markets.

The Egyptian official also said the EGX would witness more progress and requests for listing within 2015 in the light of the recent amendments to the enlisting rules and regulations.