By Ahmed Gebreel

Mubasher: Muscat Securities Market in Oman will assume the presidency of the Arab Federation of Capital Markets (AFCM) annual conference in 2023, the Secretary-General of the AFCM, Rami Al Dokany, announced.

Al Dokany also highlighted the achievements made by the Saudi Stock Exchange (Tadawul) during its presidency of the AFCM in 2021.

Last year, the Federation has recorded a 38% year-on-year (YoY) rise in revenues.

It is noteworthy to mention that on Monday, 28 March, Bahrain Bourse hosted the 47th AFCM meeting, attended by CEOs of MENA-based stock exchanges, brokerage firms, custodians, and clearing house.