Cairo – Mubasher: The Egyptian Exchange (EGX) has finalised the feasibility study of the Egyptian Mercantile Exchange (EMX) to be established in the coming period. 

A new company will be established to manage the EMX, with the EGX being the major shareholder, according to a statement released by the Egyptian bourse on Sunday.  

The commodity exchange is expected to “protect small farmers through a transparent mechanism of pricing and rating which will eventually increase exports,” the minister of supply and internal trade, Ali Moselhy, said.