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FRA allows traditional insurers to own stakes in ‘takaful’ companies
REGULATION WATCH- FRA allows traditional insurers to own stakes in ‘takaful’ companies: Mainstream insurance companies are now allowed to be…
Capital markets
Short selling in Egypt remains anemic, despite potential for covid profits
Short selling in Egypt has remained anemic since the mechanism was launchedon the EGX in December, Misr for Central Clearing,…
What we’re tracking on 7 April 2020
SMART POLICY- Companies have until 30 June to finish paying their income taxes for 2019 under a decree signed yesterday…
What we’re tracking on 6 April 2020
Egypt’s PMI figures for March are out and, well, they could have been worse. With output at three-year lows and…
Egypt’s cabinet greenlights investor protection fund intervention
Cabinet greenlights investor protection fund intervention: The Madbouly Cabinet has approved a proposal from the Financial Regulatory Authority (FRA) to…
MEDAF Financial Leasing granted license to begin operations in Egypt
The Financial Regulatory Authority has granted MEDAF Financial Leasing, the subsidiary of investment holding group MEDAF Investments, a financial leasing…
EFG Hermes tops Egypt’s brokerage league table in March
EFG Hermes topped the EGX’s brokerage league table in March with a market share of 27.3%, according to EGX figures…
Samer Deghaili, Marc Abourjeily appointed HSBC co-heads of MENAT capital markets
MOVES- HSBC has appointed Samer Deghaili (Linkedin) and Marc Abourjeily (Linkedin) as co-heads of capital markets for the MENAT region,…
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