Bourse: Capital market in Egypt revives

GMT 18:06 2015 Sunday ,15 March

Arab Today, arab today Bourse: Capital market in Egypt revives

Egyptian bourse
Sharm al-Sheikh - MENA

Egypt's exchange chairman Mohamed Omran expected that capital market in Egypt will influentially revive and lure more investments.
Addressing a session held to discuss funding of emerging markets on the fringe of the EEDC, currently in session here, Omran said Morgan Stanley indicators have mentioned Egypt as one of the best emerging markets.
Omran noted that as many as 13 companies have been listed on the Egyptian bourse in 2014.
As many as 72 out of the 220 listed companies have achieved large profits after they received the proper funding from the capital market.
In the first months of 2015, the bourse attracted five new companies with a total of EGP 2 billions, he said, expecting more companies to be listed in the bourse in the coming period.

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