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The Egyptian Exchange (EGX) won the vice presidency seat in the Federation of Euro-Asian Stock Exchanges (FEAS) after elections held during the FEAS 18th General Assembly meeting 20-21 September 2012, Sofia - Bulgaria.

EGX over the last two years has served as a member of the Executive Committee as well as the Working Committee of FEAS. And EGX is looking further to exert the utmost efforts to capitalize on what the organization has accomplished during the past years aiming to maintain the new activities as well as continuously add value to FEAS and achieve beyond its goals. The FEAS Annual General Assembly has been held in the presence of Dr. Ibrahim M. Turhan; President of FEAS and Chairman & CEO of Istanbul Stock Exchange, Mr. Mustafa Baltaci; FEAS Secretary General and Executive Vice Chairman at the Istanbul Stock Exchange, and Mr. Ivan Takev; CEO of the Bulgarian Stock Exchange. The Federation of Euro-Asian Stock Exchanges (FEAS) was established on 16 May 1995 with 12 founding members who have grown to reach 34 full members. The members Markets of (FEAS) represent US$ 621.7 billion as market capitalization and more than 9,649 traded companies as the figures of 31 Dec 2011.

Source: Africansea