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Egypt takes steps to launch commodity exchange in 2016

Posted on 10 February 2016

The government has been taking concrete steps towards the establishment of a commodities exchange this year, according to Minister of Supply Khaled Hanafy. Hanafy said on Tuesday, during the Capital Markets & Financing Growth conference, that the steps to establish the commodity exchange have been taken in cooperation with Egyptian Financial Supervisory Authority (EFSA) and Egyptian Exchange (EGX), as well as global consultancies, to draw on their experience.
He noted that the commodity exchange is expected to accelerate development in Egypt and will be launched during 2016………………………………………..Full Article: Source


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