MSCI Decides to Keep the Egyptian Exchange in Its Index of Emerging Markets

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MSCI Decides to Keep the Egyptian Exchange in Its Index of Emerging Markets

Dr. Mohammad Omran, Chairman of the Egyptian Exchange (EGX) welcomed the latest decision of MSCI to keep EGX in its emerging markets index.

Dr. Omran said on June 11th, 2014 that MSCI’s decision came after negotiations to ensure the positive investment environment in Egypt, specifically that there are no investment restrictions or obstacles on any foreign investor.

He also stressed that the cooperation with the Central Bank of Egypt to cover the foreign investors’ transfers ensuring the foreign investors’ confidence in the freedom of the investment environment in Egypt.

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