Chairman of the Cairo and Alexandria Stock Exchanges: Cairo, Alexandria stock exchanges network renewed

The Cairo and Alexandria Stock Exchanges begin today a comprehensive renewal and development review of their internal networks.

The process aims primarily to prevent any sudden breakdowns in the networks.

Chairman of the Cairo and Alexandria Stock Exchanges, Mohamed Abdul Salam, will sign a contract today with the company that will implement the development project.

A new system will be installed including a network and a spare network for emergencies.

The new network will also help upgrade and enhance performance and stand the expected rise in trading over the coming period.