Egypt drives capital market modernization by introducing stock futures contracts for TMG and Commercial International Bank (CIB) on the Egyptian Exchange.
2 reports, 2 independent
Updated Oct 1
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What happened
Egypt drives capital market modernization by introducing stock futures contracts for TMG and Commercial International Bank (CIB) on the Egyptian Exchange.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.FTSE Russell removed Egypt from Watch List, signaling market confidence in Egyptian finance.1 source
Stock futures contracts introduced for TMG and CIB, modernizing Egypt's capital market.1 source
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The entities involved
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Egypt
country in Northeast Africa and Southwest Asia
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Egyptian Exchange
formerly Cairo and Alexandria Stock Exchanges (CASE)
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TMG
compiler-compiler
Nothing else this week.
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Commercial International Bank
Egyptian bank
Nothing else this week.
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- Egypt increases its stake in Banque du Caire while the IFC seeks a 10% stake, with trading scheduled on the Egyptian Exchange.