EGX chairman to set up a committee for GDRs approval

Cairo – Mubasher: A committee will be established to approve global depository receipts (GDRs) and to reshape the Operations Committee and the Surveillance Committee of the Egyptian Exchange (EGX), the bourse's newly appointed chairman Mohamed Farid said in a statement on Tuesday.

A committee will be created to study and review the employees' statuses in the EGX and the recommendations to be submitted to the executive management during three months, Farid added.

The priorities of the EGX management in the next period will include skills refinement and institutional development of the EGX’s employees in order to achieve sustainable development, he noted, adding that teamwork is the real capital of the bourse.

Mubasher Contribution Time: 08-Aug-2017 09:50 (GMT)
Mubasher Last Update Time: 08-Aug-2017 10:03 (GMT)