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The Arab Federation of Exchanges (AFE)   
The Arab Federation of Exchanges (AFE) was established in June 1978 to be the guiding body for the Arab stock exchanges, under the recommendation of the Arab Central Banks Conference, held in June of the same year. The AFE is located in Beirut-Lebanon.

Mission & Vision of the AFE is to provide a regional and international reference to the Arab Financial Markets through:

  • Exchanging viewpoints and providing opportunities for cooperation among members.
  • Transferring of knowledge through conferences, workshops, and training as well as issuing markets studies, research and statistics.
  • Working on the development of regulations and promoting harmonized and proactive legislations.

The federation comprises of 17 member exchanges and 4 clearing and settlement companies as well as 22 affiliate members.

Since its election to chair The Arab Federation of Exchanges (AFE); The Egyptian Exchange (EGX) thrived to develop the strategy, the internal bylaw of the AFE, and accordingly the election of the first AFE board, in addition to the formation of AFE’s working committees namely; Audit and Governance Committee, Financial Institutions Committee, FINTECH and Innovation Committee, Business Development Committee, and Sustainability Committee. Also the first ESG index for Arab markets was launched in cooperation with Definitive.