Egyptian Commodities Exchange
 | |
| Type | Commodities exchange |
|---|---|
| Location | Cairo, Egypt |
| Owner | Egyptian government, Sigma Investments Group, INGOT Brokers and Sabika |
| Key people | Egyptian government, Iman Mutlaq |
| Currency | Egyptian pound |
| Website |
www |
The Egyptian Commodities Exchange (EGYCOMEX) is a proposed commodities exchange in Egypt.
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.
A three member consortium signed cooperation protocol with Egyptian government to establish a US$35–50m worth electronic Egyptian Commodities Exchange in Egypt as the first ever country in the MENA region; it will facilitate the well being of the small farmers and supply of products at reasonable prices abolishing the monopoly of goods.[1][2]
See also
- Alternative Exchange
- List of futures exchanges
- List of stock exchanges
- List of African stock exchanges
References
- ↑ "Global consortium to inject $50m in Egypt commodity exchange". MUBASHER. 26 November 2015. Retrieved November 28, 2015.
- ↑ "Egypt signs protocol to establish commodities exchanges". The Cairo Post. 26 November 2015. Retrieved November 30, 2015.
External links
- Egyptian Commodities Exchange (EGYCOMEX)(official website)
- Sigma to launch Egypt's exchange for grains trading
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