Tunis Stock Exchange Re-elected to Arab Federation of Capital Markets Board

The Tunis Stock Exchange (TSE) has been re-elected as a member of the board of directors of the Arab Federation of Capital Markets (AFCM) for the 2026–2028 term, according to the Tunisian news agency TAP.

New Board Leadership and Composition

The new board was announced on October 21, 2026, following the federation’s general assembly. It will be chaired by Abdulla Alnuaimi, Group CEO of the Abu Dhabi Securities Exchange (ADX) in the United Arab Emirates.

The board also includes representatives from the financial markets of:

Saudi Arabia
Bahrain
Egypt
Oman
Palestine

Additionally, it comprises representatives from specialized institutions focused on securities management and custody.

Recent Leadership Milestone

In May 2025, Bilel Sahnoun, CEO of the Tunis Stock Exchange, was appointed President of the AFCM’s board of directors. This appointment took place during the federation’s annual conference, held in Tunis on May 13–14, 2025.

About the Arab Federation of Capital Markets (AFCM)

Founded: June 1978
Headquarters: Beirut, Lebanon
Membership: 18 stock exchanges, 8 clearing houses, and other key players in the Arab financial sector.

The AFCM aims to strengthen cooperation among regional markets and promote the harmonization of their regulatory frameworks.