Ambassador : H.E.Mr.Ahmed Rezk M. Rezk
Full name: Arab Republic of Egypt
Population: 82.5 million (UN, 2011)
Capital: Cairo
Area: 1 million sq km (386,874 sq miles)
Major language: Arabic
Major religions: Islam, Christianity
Life expectancy: 72 years (men), 76 years (women) (UN)
Monetary unit: 1 Egyptian Pound = 100 piastres
Main exports: Petroleum, petroleum products and cotton
GNI per capita: US $2,440 (World Bank, 2010)
Internet domain: .eg
International dialling code
: +20

Egypt punts e-signatures in securities trading 2012-10-14

 

 

Egypt punts e-signatures in securities trading

Egypt’s Data Technology Industry Development Agency (ITIDA), and the Egyptian Financial Supervisory Authority (EFSA), will work together to promote the use of e-signatures in securities and brokerage firms.

The organisations will collaborate to train stakeholders and support and encourage the use of e-signatures in stock exchange market services.

A joint pilot project will as well be launched to implement an electronic system for exchanging and saving documents at EFSA.

Egypt’s Minister of Communications and Data Technology, Hany Mahmoud, noted that the agreement was an significant step towards activating the e-commerce movement.