PEX Gains Board Membership in (FEAS)

Publishing Date

Yerevan-(BNEWS)- The Palestine Exchange, represented by its General Manager, Mr. Nihad Kamal, participated at the Federation of Euro-Asian Stock Exchanges (FEAS) annual meeting in Armenia, the headquarter of the Federation, from June 14-16, 2023. Over 180 participants attended, representing over 30 countries, including CEOs of various stock exchanges and directors of member institutions. The conference featured more than 40 speakers who discussed important topics, latest trends, opportunities, trading, sustainability, public relations and investor relations.

Discussions at the 37th annual meeting included  the election of new members to the Board of Directors, Mr. Radu Hanga, the Chairman of the Bucharest Stock Exchange, was elected as the President of the Federation, and eleven members, including the Palestine Exchange, were elected to the Board of Directors for the upcoming term.

Kamal emphasized that this achievement is a new Palestinian success that highlights the leading role of Palestinian institutions on a global level. It is a significant accomplishment for the Palestine Exchange, despite its modest size in comparison to regional and global markets.

The Federation of Euro-Asian Stock Exchanges was established in 1995 with its headquarter in Armenia. Currently, it has 43 members from 31 countries. The Palestine Exchange had a full membership in the Federation in 2000, in addition to its memberships in the World Federation of Exchanges (WEF) and the Arab Federation of Exchanges (AFCM) and others.