Wednesday, October 21, 2026, 5:45 PM
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Formation of the Arab Federation of Capital Markets Board (2026–2028) and Election of Omar Radwan Representing the Egyptian Exchange

Wednesday 21 October 2026 11:35
Omar Radwan
Omar Radwan

Key Highlights of the New Board Formation

The General Assembly of the Arab Federation of Capital Markets convened, electing a new Board of Directors through 2028 under the chairmanship of Abdulla Al Nuaimi, CEO of Abu Dhabi Securities Exchange (ADX). This new formation aims to strengthen regional cooperation and enhance the infrastructure of Arab financial markets.

Prominent Leaders Joining the Board

The new board features a distinguished group of regional financial leaders, including:

Omar Radwan: Non-Executive CEO of the Egyptian Exchange (EGX).

Mohammed Al-Rumaih: CEO of Saudi Tadawul Group.

Khalifa Al-Khalifa: CEO of Bahrain Bourse.

Mazen Wathaifi: CEO of Amman Stock Exchange.

Bilel Sahnoun: CEO of Tunis Stock Exchange.

Nihad Kamal: General Manager of Palestine Exchange.

Clearing and Depository Representatives: Dr. Khaled Serry Seyam (MDRD - Egypt) and Mohammed Said Al-Abri (Muscat Clearing and Depository).

Strategic Objectives and Development Vision

The Federation comprises an extensive network of Arab stock exchanges, clearing, settlement, and central depository institutions. The newly formed board focuses on fostering joint coordination, sharing expertise, and improving overall trading and settlement efficiency across regional economies