VOL. XL

No. 43

27-October-1997

EGYPT

Cairo Stock Exchange Signs Technical Agreement With NSC

A solution to long standing complaints from brokers and bankers about settlementsystems that hamper trading on the Cairo bourse may be in sight. According to the Egyptiandaily al-Ahram, the Egyptian Minister of the Economy, Dr. Yusuf Butros Ghali,signed a technical services agreement on 22 October with Mr. Dennis Earl of NationalSecurities Clearing (NSC) of the US. At a press conference held after the...