NO 246 – AUGUST 2013

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WFE Focus
Corporate news

Egyptian Exchange forms advisory committee to develop market strategy

The Egyptian Exchange is forming an Advisory Committee to develop and promote market strategies of the coming 10 years. The Committee will be also responsible of proposing mechanisms and new tools to activate the market. Forming this Committee is one of the steps EGX is taking to develop the capital market domestically and internationally.

Saudi Stock Exchange (Tadawul) appoints new CEO

Mr Adel Saleh Al-Ghamdi began his work as new Chief Executive Officer of the Saudi Stock Exchange (Tadawul) on 1 July 2013, succeeding Mr. Abdullah S. Alsuweilmy, who recently left his position.