An MoU between Muscat Securities Market (MSM) and Cairo and Alexandria bourses was signed at the Omani Foreign Ministry recently on the sidelines of the meeting of the Omani–Egyptian joint committee.
According to <i>ONA</I>, Ahmed bin Saleh al-Marhoon, director-general of MSM signed the MoU for the MSM, while Mohammed Sulaiman Al-Abdul-Salam, Chairman of the Cairo and Alexandria bourses board signed for his side.
The MoU covers expertise and information exchange, encouraging market institutions, raising awareness and promoting investment in the two markets, developing legislative procedures and removing the obstacles facing joint investment. It also deals with raising investment awareness culture through developing media and awareness apparatuses.
