Iraq and Egypt sign a cooperation protocol to enhance joint work in the financial field


The Chairman of the Board of Governors of the Iraq Stock Exchange, Adnan Hashem, signed today, Monday, with the Chairman of the Board of Directors of the Egyptian Stock Exchange, Ahmed Al-Sheikh, a cooperation protocol to enhance joint work between the two countries.

A statement said that “the Chairman of the Board of Governors of the Iraq Stock Exchange, Adnan Hashem, and the Chairman of the Board of Directors of the Egyptian Stock Exchange, Ahmed Al-Sheikh, signed a cooperation protocol between the stock exchanges of the two countries to enhance joint work, in the presence of the Chairman of the Iraqi Securities Commission, Faisal Al-Haims, and the Vice Chairman of the Egyptian Stock Exchange, Hiba Al-Sayrafi.”

The statement added that “the aim of this step is to strengthen the bonds of cooperation and raise the level of coordination between the two parties, increase the prospects for joint work and exchange experiences and information in all aspects of investment and develop existing legislative procedur
es for both, in addition to working to increase investment awareness and attract mutual investments between the two countries and direct savings towards investment in securities, as well as support the transition to the digital economy to increase the competitive capabilities of both stock exchanges.”

Source: National Iraqi News Agency