The Egyptian Exchange (EGX) opens its new premises

The Egyptian Exchange (EGX) opens its new premises

14/04/2012

The Egyptian Exchange (EGX) has opened its new administrative headquarter in Smart Village, a business zone on the western edge of Cairo.

Thursday morning's ceremony was attended by Mr. Mohamed Salem, Minister of Telecommunications and Mr. Momtaz El-Saeed, Minister of Finance.

Trading will continue at the Bourse's premises in downtown Cairo, but the exchange's Board of Directors, trade watchdog and human resource departments will all operate from the new premises in the Cairo-Alexandria desert road.

Speaking at the event, Mohamed Salem said the head office's new location in Smart Village, a zone that is already home to several renowned global brands, will help attract foreign investment in Egupt.

Established in 1883, EGX is considered the third oldest in the world, according to the state-run MENA news agency.