Egypt's bourse is studying an alliance with the Istanbul Stock Exchange that would allow investors in the two countries to trade on each other's markets.
"A delegation from the Istanbul Stock Exchange will visit Egypt in December to discuss the means of joint trading between the Egyptian bourse and the Istanbul bourse," Mohamed Omran, the Egyptian exchange's chairman, told Reuters on Sunday.
Under the proposal, which follows a memorandum of understanding signed by the two exchanges in June, Turkish investors would be able to trade directly on the Egyptian bourse through Turkish brokerages and vice versa.
Egyptian investors stung last year by the uprising that overthrew President Hosni Mubarak have been trying to improve their access to overseas markets.
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