Cairo-Mubasher: As the year 2014 is nearing a close, Mubasher has defined, in the list below, the major events seen by the Egyptian Exchange (EGX) during the year.
January 26: EGX Launches Nilex first Index February 3: EGX Amends Listing Rules for Par Value Reduction for Listed Shares March 25: EGX Board of Directors Approves the Executive Rules of ETFs, Market Makers & Block Deals April 7: EGX Issues a Decision to Start Working with the Regulations for ETFs and Market Maker April 28: EGX Grants Beltone Financial Use of EGX 30 Index to Setup ETF's May 5: EFSA Approves the EGX's New Membership Rules May 19: EGX Executes The 1st Deal of Block Trading Mechanism Worth EGP 2.1 Billion May 29: Ministry of Finance Imposes Taxes on Capital Gains at EGX June 11: EGX's Chairman Welcomes MSCI's Decision to Keep EGX in Its Index of Emerging Markets July 21: EGX Cancels Some Precautionary Measures August 24: EGX puts suggestions as regards the Specialized Activities Criteria September 14: The Egyptian Exchange (EGX) Extends Trading Technology Contract with NASDAQ OMX September 22: Prime Minister Issues a Decree to Appoint Two Independent Expertise on EGX Board September 24: EGX Board Approves New Amendments on Treasury Stocks and Voluntary Delisting Rules September 29: EGX Winner of the Most Innovative Stock Exchange for the Year 2014 October 22: EGX Chairman Issues a Decision to Reduce the Listing Requested Documents by the Half November 13: Dr. Omran Announced Chairman of Federation of Euro-Asian Stock Exchanges (FEAS) December 1: EGX Chairman Elected As a Member of the Executive Committee of ASEA