04 Jul 2010
(MENAFN) Al-Ahram daily newspaper reported that Egypt plans to launch a commodities and financial derivatives exchange in the second half of 2011 in cooperation with a global stock exchange.
An agreement will be signed with one of the global exchanges that has experience in commodities and financial derivatives bourses, the paper quoted Maged Shawky as saying.
Egypt is the world’s largest wheat importer. The country of almost 80 million people is also an importer of sugar.
Egyptian cotton, once the backbone of the country’s exports, has gone into decline in recent years as liberalisation in 1994 exposed farmers to volatile global prices and rising fertiliser costs.
24 May 2023
Empowering Success: BBK and BIBF honor 24 graduates of the BBK’s Women on Board Programme
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
01 Mar 2023
You could be the next lucky winner.. BBK: BD 1.9 million prizes from Al Hayrat this year