Arab Federation of Capital Markets
Arab Federation of Capital Markets | |
Founded | 1978 |
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Headquarters | Beirut |
The Arab Federation of Capital Markets is the Arab industry group for exchanges and clearing houses (CSD’s), and financial institutions around the Arab regions (GCC, Levant and Arab African countries).
The Arab Federation of Capital Markets was established originally in 1979 as the Arab Federation of Exchanges, bur rebranded in 2021 as the AFCM. The AFCM was created to be the guiding body for the Arab stock exchanges. The headquarters is in Beirut, Lebanon.
The AFCM includes 17 Arab exchanges and 3 clearing houses and multiple members of affiliate organizations from around the Arab regions. The purpose of the federation was to contribute to the “development of regulations and promoting harmonized and proactive legislations, and exchanging viewpoints and providing opportunities for cooperation among members”[1]
Mission[edit]
The Federation’s Vision:
- Facilitating the exchange of views and providing collaborative opportunities for the members
- Knowledge transfer through workshops and conferences
- Developing the legislations in the Arab financial markets
- Resolving potential disputes
- Cooperating with regional and international federations
- Increasing the value of the Arab stock markets
Products and Services[edit]
Membership[edit]
Key People[edit]
Board of Directors[edit]
- Eng. Khalid Al Hussan, Chairman of the Board, Saudi Stock Exchange (Tadawul)
- Dr. Mohamad Farid Saleh, Member, The Egyptian Exchange
- Mazen Wathaifi, Member, Amman Stock Exchange
- Sheikh Khalifa Ebrahim Al-Khalifa, Member, Bahrain Bourse
- Dr. Ghaleb Mahmassani, Member, Beirut Stock Exchange
- Tarek Senhaji, Member, Casablanca Stock Exchange
- Khaldoun Al-Tabtabaie, Member, Kuwait Clearing
- Khaled Rashed, Member, Misr for Central Clearing, Depository and Registry
ACFM Staff[edit]
- Rami El Dokany, Secretary General
- Reem Farhat, Business Development Associate
- Sally Yassin, Training and Development Specialist
- Tony Chahine, Finance Manager
- Dr. Fadi Kanso, Head of Research
- Ribal Shamseddine, Graphic Designer | Digital Marketing Specialists
References[edit]
- ↑ Our History. Arab Federation of Capital Markets.