29 October 2007

Egypt Launched the region's first mid and small cap market

The Minister of Investment; Dr. Mahmoud Mohei El Din, together with CASE Chairman; Mr. Maged Shawky, have launched Thursday October 25 th 2007, CASE new market for medium and small enterprises (NILEX), which is the first mid and small cap market in the MENA region. The new market will provide medium and small companies with a long term access to capital, which helps them grow their businesses and increase their competitiveness as well as raise their contribution to the economic growth.
Special guests of honor have also attended the event, including Mr. Gamal Mubarak, General Secretary of Policies Committee at the National Democratic Party (NDP), together with other market participants and a group of promising mid and small cap companies."
NILEX is the Cairo & Alexandria Stock Exchanges' market for growing medium and small companies, which offers an appropriate, secure, yet flexible regulatory framework, for both companies & investors, together with a streamlined admission process.
NILEX provides medium and small fast growing businesses, including family-owned businesses, from any country and any industry sector, a clear access to capital and the benefits of being traded.
Source: NILEX PR