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Proposed commodities exchange in Egypt From Wikipedia, the free encyclopedia
The Egyptian Commodities Exchange (EGYCOMEX) is a proposed commodities exchange in Egypt.[1][2][3][4]
Type | Commodities exchange |
---|---|
Location | Cairo, Egypt |
Owner | Egyptian government, Sigma Investments Group, INGOT Brokers and Sabika |
Key people | Egyptian government, Iman Mutlaq |
Currency | Egyptian pound |
Website | www |
A three-member consortium signed cooperation protocol with Egyptian government to establish a US$35–50m worth electronic Egyptian Commodities Exchange in Egypt as the first ever country in the MENA region; it will facilitate the well-being of the small farmers and supply of products at reasonable prices abolishing the monopoly of goods.[5][6]
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