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Egyptian Exchange Extends Companies’ Exemption Period

Source: www.eport-egypt.com  6/29/2012, Location: Africa

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The Egyptian Exchange has decided to extend the period of exemption from registration fees for companies desiring to list and offer their shares on the Egyptian Exchange or the Nile Stock Exchange for small and medium-sized projects until the end of this year. This step aims to encourage companies to list their shares on the Egyptian Exchange.

Chairman of the Egyptian Exchange, Dr. Mohamed Omran said the decision comes within the framework of the bourse's keenness to activate the market by encouraging companies to list their shares during the free-fees period.

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