Egyptian Commodities Exchange
 | |
| Type | Commodities exchange |
|---|---|
| Location | Cairo, Egypt |
| Owner | Egyptian government, Sigma Investments Group, INGOT Brokers and Sabika |
| Key people | Egyptian government, Iman Mutlaq |
| Currency | Egyptian pound |
| Website |
www |
The Egyptian Commodities Exchange (EGYCOMEX) is a proposed commodities exchange in Egypt.
Khaled Hanafi, Egypt's Supply Minister and Iman Mutlaq(CEO of the Jordan-based Sigma Investments) on behalf of the consortium signs cooperation protocol to establish first ever electronic Egyptian Commodities Exchange in Egypt in November 2015.
A three-member consortium signed cooperation protocol with Egyptian government to establish a US$35–50m worth electronic Egyptian Commodities Exchange in Egypt as the first ever country in the MENA region; it will facilitate the well being of the small farmers and supply of products at reasonable prices abolishing the monopoly of goods.[1][2]
See also
- Alternative Exchange
- List of futures exchanges
- List of stock exchanges
- List of African stock exchanges
References
- ↑ "Global consortium to inject $50m in Egypt commodity exchange". MUBASHER. 26 November 2015. Retrieved November 28, 2015.
- ↑ "Egypt signs protocol to establish commodities exchanges". The Cairo Post. 26 November 2015. Retrieved November 30, 2015.
External links
- Egyptian Commodities Exchange (EGYCOMEX)(official website)
- Sigma to launch Egypt's exchange for grains trading
This article is issued from
Wikipedia.
The text is licensed under Creative Commons - Attribution - Sharealike.
Additional terms may apply for the media files.