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Dubai Financial Market receives Chairman of the Cairo & Alexandria Stock Exchange

United Arab Emirates: Monday, March 06 - 2006 at 12:35
PRESS RELEASE

Mr. Essa Kazim, Director General, Dubai Financial Market received Magid Shawky Sourial, the Chairman of the Cairo & Alexandria Stock Exchanges (CASE) along with his delegation. He explained the latest processes and systems that have been adopted by DFM.

Magid Shawky Sourial, the Chairman of the Cairo & Alexandria Stock Exchanges is seated next to Mr. Essa Kazim, Director General of Dubai Financial Market.

Mr. Sourial got a first hand glimpse into the working of the DFM and was guided through the DFM trading system, the clearing and settlements system, cross listing procedures and the trading floor facilities. In turn, the Egyptian delegation explained the main functions of CASE and the trading systems in place at the CASE.

Concluding the CASE delegation's visit, Mr. Essa Kazim, Director General, Dubai Financial Market:

"This visit strengthened the relationship between the DFM and the CASE. We are open to further cooperation opportunities with the CASE especially in terms of cross listings and monitoring IPOs. I am sure that the two exchanges will work more closely in future."

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Related site: http://www.dfm.co.ae

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Ends-
About Dubai Financial Market
A public institution with its own independent corporate body, the DFM is a secondary market for trading securities issued by public shareholding companies, bonds issued by any of the UAE Government entities and public institutions. It also allows the trading of investment units and any other financial instruments, local or foreign, which are acceptable to investors and the regulator. A fully electronic exchange that offers computerised trading, clearing and depository systems and other support services, the DFM also offers e-trading through approved brokers. The Market commenced operations on 26th March 2000. For more information, please visit www.dfm.ae
For further information, please contact:
Tim Harrison / Sandeep Sharma
ASDA'A Public Relations
Tel: +971-4-3344550
Fax: +971-4-3344556

Posted by Anne-Birte Stensgaard, Senior News Editor
Monday, March 06 - 2006 at 12:35 UAE local time (GMT+4)

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Dubai Financial Market receives Chairman of the Cairo & Alexandria Stock Exchange

Mr. Essa Kazim, Director General, Dubai Financial Market received Magid Shawky Sourial, the Chairman of the Cairo & Alexandria Stock Exchanges (CASE) along with his delegation. He explained the latest processes and systems that have been adopted by DFM.

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