Federation of Euro-Asian Stock Exchanges Newsletter July 2009 (PDF)

Here are some headlines from this issue:

ABU DHABI SECURITIES EXCHANGE
Non-GCC investors were net buyers on ADX in the first half of 2009 announced Tom Healy, Chief Executive of Abu Dhabi Securities Exchange. Giving details of first half performance and trading statistics, Mr Healy also said that the ADX Index, market capitalisation and volumes were all up in the first half of 2009.

BAKU INTERBANK CURRENCY EXCHANGE
The General Manager of the Baku Interbank Currency Exchange (BBVB) F.F.Amirbekov has taken part on the 2nd July of 2009 on general meeting of the International association of exchanges-CIS countries (IAEx of CIS), passed in St.-Petersburg (Russia).

BELARUS
The Executive Board of the International Monetary Fund (IMF) today completed the first review of Belarus’s performance under a program supported by a Stand-By Arrangement (SBA) and increased the financial support to SDR 2.27 billion (about US$3.52 billion), equivalent to 587 percent of Belarus’s quota or 7 percent of its GDP.

BOSNIA AND HERZIGOVINIA
The Executive Board of the International Monetary Fund (IMF) today approved a 36-month SDR 1.01 billion (about US$1.57 billion) Stand-By Arrangement for Bosnia and Herzegovina to support an economic program designed by the authorities to mitigate the effects of the global financial crisis.

EGYPT
Egyptian President Mohamed Hosni Mubarak issued Presidential Decree No. 192/2009 concerning the principle system of the General Authority for Financial Supervision.

TEHRAN STOCK EXCHANGE
Tehran Stock Exchange appointed Dr. Abulfazl Sharabadi as Director of its newly established Public Relations & International Department. "We will be able to introduce and release our high volume of activities and performance to the public by a dynamic Public Relations & International Department" said Dr Ghalibaf Asl, managing director of TSE, in an introduction meeting.