egyptian stock exchange hosts annual regional conference
Last Updated : GMT 22:41:40
Arab Today, arab today
Arab Today, arab today

Kandil targets 5% regional growth by 2016

Egyptian Stock Exchange hosts annual regional conference

Arab Today, arab today

Arab Today, arab today Egyptian Stock Exchange hosts annual regional conference

Egyptian Stock Exchange
Cairo - Mohi al-Kardousi  

Egyptian Stock Exchange Cairo - Mohi al-Kardousi   The 16th Annual Conference of the African Federation of Exchanges was hosted by the Egyptian Stock Exchange on Tuesday. This year\'s event was attended by the Union of Arab Stock Exchanges, the Eurasian Federation of Exchanges and the South Asian Federation of Exchanges, which also held its annual General Assembly in Cairo.
In his conference opening speech, Egyptian Prime Minister Dr Hisham Kandil explained that he government had mapped out its social and economic reform agenda, having considered potential solutions to deal with the challenges facing Egypt. He also confirmed news of the government\'s initial agreement with the International Monetary Fund (IMF) on the national program for economic and social reform, which includes payment of a loan worth $4.8bn to support the Egyptian economy.
Kandil went on to say that the African continent is full of untapped investment opportunities, stressing that Egypt is determined to strengthen its cooperation with partners in the African continent through technical assistance, and implementation of joint projects.He also targetted five percent regional growth in the continent by 2016. \"This rate is higher than the growth rate for Eastern and Central Europe, Latin America, the United States, and Japan,\" he said.
Egyptian Investment Minister Osama Saleh said that hosting the conference of African stock markets in the Egyptian Stock Exchange was an important milestone and showed Egypt is in the process of economic growth and stability.
Saleh stressed the role of the Ministry of Investment in monitoring investment opportunities across Africa and helping Egyptian businessmen overcome any obstacles they face when establishing their projects in African countries.
Dr Mohammed Omran, Chairman of the Egyptian Stock Exchange told the conference that Africa had many promising investment opportunities which were yet to be exploited. He added that in totality, warheads funds for African markets exceeded $1.3tr. He said that the growth rates achieved by African economies ranged between 5 to 6 percent, making the region an attractive proposition for investment in the future.
Sunil Benyaamado, head of the African Federation of Exchanges said that African markets occupied a leading position among the other continents. \"The conference aims to support the strong links between the continent\'s markets and invites major companies located in the continent to list its shares on African stock markets,\" he added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

egyptian stock exchange hosts annual regional conference egyptian stock exchange hosts annual regional conference

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

egyptian stock exchange hosts annual regional conference egyptian stock exchange hosts annual regional conference

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today Jordanian journalist happy of her career

GMT 17:37 2017 Thursday ,23 November

Jordanian journalist happy of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday