A recent report by the World Bank (WB) ranked the Egyptian Exchange among the best six world bourses in the shareholders protection domain.

The bank's Doing Business 2016 Report attributed the bourse performance to amendments introduced to treasury share regulations over the past period.
Transparency levels on the Egyptian bourse got 8 out of 10 points in the report.

The index of protecting the rights of minority shareholders jumped 13 places to stand at 122 against 135 last year.

Egypt's total ranking in the report was moved down by 19 places to stand at 131st rank.

Head of the bourse Mohamed Omran expressed happiness over the important role played by the money market in improving investment climate in Egypt.

He called for going ahead with developing the money market-related legislations to push forward the national economy.

The report provides objective measures of business regulations and their enforcement across 189 economies and selected cities at the sub-national and regional level.