The Egyptian Exchange is the most innovative Exchange in Africa

In a ceremony attended by over 100 senior executives from across Africa and the rest of the world, the Egyptian Exchange (EGX) won the award of the most innovative African Exchange during the annual Summit organized by Africa Investor (Ai) in collaboration with NYSE Euronext, that was held on the 15th of September, 2008. Ai Index Series Awards was launched as a set of awards that recognize stock markets, regulators, listed companies, IPO s, fund managers and stockbrokers in the African region. Choosing EGX as the most innovative Exchange was based on objective criterion, including the initiatives and programs implemented by the exchange in improving the Exchange s regulatory framework, products as well as the technical and technological infrastructure. From another perspective, Mr. Shawky has also participated in a high level roundtable meeting, that was hosted by the United Nations on the 16th of September, in preparation for the United Nations General Assembly meeting schedule.