Egypt, Bahrain to unify rules of listing, trading in bourses
The Egyptian Financial Supervisory Authority (EFSA)
Cairo - MENA
The Egyptian Financial Supervisory Authority (EFSA) and the Central Bank of Bahrain will sign an agreement on Wednesday to unify the rules of listing, trading and double trading in the stock exchanges of the two countries.
The agreement is a step to establish a unified Arab exchange, EFSA Deputy Chairman Khaled el-Nashar told MENA.
It also aims at exchanging technical and legal expertise between the two markets, he added.
It will allow the investors in Bahrain to buy and sell shares of the Egyptian companies smoothly, he also said.
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