Tuesday 6 October 2009

FEAS September Newsletter (PDF)

- ABU DHABI SECURITIES EXCHANGEtoday announced that it will allow Social Security beneficiaries to trade in the shares of Arkan Building Materials Company as from August 26, 2009.There were 100 million shares allocated to Social Security beneficiaries during the Initial Public Offering of the company’s shares at ADX.
- BELARUS An International Monetary Fund (IMF) mission, led by Mr. Chris Jarvis, visited Minsk during August 18-September 2, 2009 for discussions on the second review under the Stand-By Arrangement (SBA) with Belarus.
- EGYPTIAN EXCHANGEIn its continuous efforts to support the Arab markets, the Egyptian Exchange has signed a Memorandum of Understanding (MOU) with the Iraqi Stock Exchange regarding mutual cooperation on capital markets' developments. The MOU covers the exchange of information, experts, staff and experiences for the respective benefit of both securities markets, in addition to activating research projects, studies and seminars undertaken jointly by both exchanges to better understand the international exchange industry and the new products introduced to global markets.
- NASDAQ OMX ARMENIA On September 3, 2009, NASDAQ OMX Armenia jointly with the Office of the Armenian Financial System Mediator organized a workshop on a range of topics related to the Financial System Mediator’s activities in respect of the delivery of investment services in Armenia.
- TURKEYThe International Monetary Fund (IMF) posted a report documenting an improvement in the quality of macroeconomic data published by Turkey. At the authorities’ request, IMF staff prepared an Update of the Report on the Observance of Standards and Codes (ROSC)—Data Module.

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