Egypt, Bahrain ink deal to facilitate firms’ cross-listing

Cairo – Mubasher: The Egyptian Exchange has signed a cooperation agreement with Bahrain bourse for regularizing dual-listing framework that will open the door for investors to gain access to shares on both stock markets.

The agreement also entails terms to enhance Bahrain bourse’s IT infrastructure that will stimulate cash and investment flows between the two countries.

In November 2014, Nasdaq Dubai, UAE’s international stock market, struck a deal with Cairo bourse for dual listings of companies on both markets.

Mubasher Contribution Time: 27-Apr-2016 11:31 (GMT)
Mubasher Last Update Time: 27-Apr-2016 11:31 (GMT)