06 September 2006 — Chairman of the Cairo and Alexandria Stock Exchanges invites DFSA Chairman to open trading
Cairo, Egypt, September 6, 2006: Mr. Maged Shawky, Chairman of the Cairo and Alexandria Stock Exchanges, received the Chairman of Dubai Financial Services Authority, Dr. Habib Al Mulla, in Cairo, today.
The informal meeting discussed matters of mutual interest and reviewed the emergence of Dubai International Financial Centre (DIFC) as a world-class financial hub, and the critical role of Dubai Financial Services Authority (DFSA). During the visit, Dr. Al Mulla was invited to open trading via the ceremonial sounding of the bell.
Commenting on the courtesy visit, Dr. Al Mulla said: “The DFSA enjoys excellent relations with the financial community in Egypt, and today’s visit was a valuable opportunity to take stock of the fast pace of change in the industry in the region and elsewhere.”
Dr. Al Mulla's two-day visit to Egypt includes the signing of a MoU with Egypt’s Capital Market Authority.