Hidden Bibliographic Details
| Other authors / contributors: | Shawky Sourial, Maged.
International Monetary Fund. Middle Eastern Department.
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| ISBN: | 1281601268
9781281601261
1451893876
9781451893878
1462358101
9781462358106
1452798710
9781452798714
9786613781956
6613781959
9781451846720
145184672X
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| Notes: | Caption title.
"April 1999."
Includes bibliographical references (pages 28-30).
English.
Print version record.
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| Summary: | The Egyptian Stock Exchange (ESE) is one of the oldest in the world and comprises two exchanges, respectively the Alexandria Stock Exchange officially established in 1888, and Cairo, established in 1903.2 The ESE was the fifth most active stock exchange worldwide prior to the nationalization of industry and the adoption of central planning policies in the early 1950s. These policies led to a considerable reduction in stock exchange activity, and the market remained largely dormant throughout the 1980s. The ESE began operating again as a market for capital only in the 1990s, when market-oriented reforms brought financial institutions, operations and policies closer to internationally accepted principles and practices. These reforms increasingly recognized the development of equity markets and the financing of capital formation as key factors bearing upon the prospects for long-term growth.
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| Other form: | Print version: Mecagni, Mauro. Egyptian stock market. [Washington, D.C.] : International Monetary Fund, Middle Eastern Department, ©1999
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| Standard no.: | 10.5089/9781451893878.001
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