Egyptian government, Sigma Investments Group, INGOT Brokers and Sabika
Key people
Egyptian government, Iman Mutlaq
Currency
Egyptian pound
Website
www.egycomex.com
The Egyptian Commodities Exchange (EGYCOMEX) is a proposed commodities exchange in Egypt.[1][2][3][4]
Khaled Hanafi, Egypt's Supply Minister and Iman Mutlaq(CEO of the Jordan-based Sigma Investments) on behalf of the consortium signs cooperation protocol to establish first ever electronic Egyptian Commodities Exchange in Egypt in November 2015.
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]
^"Egypt to Launch Agricultural Commodities Bourse by Year's End". Asharq Al-Awsat. February 1, 2016. Retrieved May 16, 2022.
^"Grain games: Egypt to open MENA's first agricultural commodities exchange". Al Bawaba. February 1, 2016. Retrieved May 16, 2022.
^"Egypt takes steps to launch commodity exchange in 2016". Daily News Egypt. February 9, 2016. Retrieved May 16, 2022.
^"Egypt plans to launch agriculture commodities bourse". Gulf Daily News. February 1, 2016. Retrieved May 16, 2022.
^"Global consortium to inject $50m in Egypt commodity exchange". MUBASHER. 26 November 2015. Retrieved November 28, 2015.
^"Egypt signs protocol to establish commodities exchanges". The Cairo Post. 26 November 2015. Archived from the original on 20 July 2018. Retrieved November 30, 2015.
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