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In 1928, the exchange moved to its current location on El Sharifin Street. This new headquarters was financed by a company founded by brokers, following the conclusion of the old company's operations. [4] The Egyptian stock exchange plummeted 6.25% following the beginning of the Egyptian revolution of 2011 on the 25th of January.
The Egyptian Exchange (EGX), founded in 1883, is the oldest stock exchange in Africa. One of the oldest bourses (exchanges) on the continent is the Casablanca Stock Exchange of Morocco, founded in 1929 and the JSE Limited in 1887 and Nairobi Securities Exchange in Kenya founded in1954.
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The Egyptian Commodities Exchange (EGYCOMEX) is a proposed commodities exchange in Egypt. [1] [2] [3] [4]Khaled Hanafi, Egypt's Supply Minister and Iman Mutlaq(CEO of the Jordan-based Sigma Investments) on behalf of the consortium signs cooperation protocol to establish first ever electronic Egyptian Commodities Exchange in Egypt in November 2015.
EGX 30, [1] previously named CASE 30 Index, is a stock market index for securities in Egypt, designed and calculated by EGX.EGX started disseminating its index on 2 February 2003 via data vendors, its publications, web site, newspapers etc.
The CASE 30 is an index of the Cairo & Alexandria Stock Exchange in Egypt. It includes the 30 most active stocks in the Egyptian stock market , weighted to their market capitalization. The index was started with a base level of 1000 as of January 01, 1998.
EFG, also known as the Egyptian Financial Group, became the first investment banking firm in Egypt when it was established by Dr Mohamed Taymour in 1984. Holding was founded in 1993 under the newly promulgated Capital Markets Law 95. EFG created and analyzed privatization plans for the Egyptian government for several years. In 1993, The ...
Hence the Egyptian and Turkish units split from each other in value, with the Egyptian unit continuing its exchange value of 97.5 piastres to the pound sterling. In 1885, Egypt went into a purely gold standard, and the Egyptian pound unit, known as the juneih, was introduced at E£1 = 7.4375