Arab bourses union opens annual meeting

The 19th annual conference of the Arab bourses and financial markets opened on Sunday with participation of representatives of most Arab bourses and 55 financial institutes.

Arab bourses union Secretary General Saafak Alrkaibi called for examining conditions to resolve problems in Arab markets.

Alrkaibi said participants would tackle mechanisms of activating trade in Arab bourses, companies role in reviving markets and flow of capitals to developing countries.

The Arab bourses union was created in 1981 at the initiative of the governors of central banks in Kuwait, Egypt, Jordan, Lebanon, Oman, Morocco, Tunisia and Bahrain.