Cairo April 26, 2011:Dr. Mohammed Bin Ibrahim Al-Tuwaijri (Assistant Secretary-General for Economic Affairs for the Arab League) and Mr. Safar Al Harthi (Chairman of IREX Group) announced at a joint press conference that the Arab League will host the IREX Founding Conference in Cairo, Egypt on 26-27 April 2011.

Dubai, UAE - 21 June 2010:President and CEO, Mr. Leo Chamberland of IREX Group has appointed PricewaterhouseCoopers (PwC) to merge the two business models of egX and IREX and to prepare the financial feasibility study for its first group of real estate exchanges.

Dubai, UAE - 21 June 2010: IREX from Saudi Arabia and egX from Canada have announced their alliance to form IREX Group. The official signing of IREX Group was signed by the Executive Chairman, Mr. Safar Al Harthi and the President and CEO, Mr. Leo Chamberland at the Grand Hyatt Hotel, Dubai on 21st June 2010 and in attendance were media and industry professionals. The alliance of IREX and egX World has brought together over 10 years of research and development of proprietary systems to launch an exchange focused solely on the real estate investment and related financial products.