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Infrastructure 
FRA sets a minimum quota for SME leasing and insurance
Microinsurance and financial leasing firms will be required to create designated accounts of a minimum EGP 10 mn to support…
Egypt’s Cabinet greenlights Consumer Credit Act
CABINET WATCH- Cabinet greenlights Consumer Credit Act: The Madbouly Cabinet approved yesterday the draft Consumer Credit Act, which would govern…
Ebtikar’s Vitas gets microfinancing license
Ebtikar for Financial Investment’s Vitas received a micro-financing license and will focus on projects that need up to EGP 100,000…
Sarwa Capital receives preliminary FRA approval to for sukuk issuer license
Consumer- and structured-finance player Sarwa Capital has received a preliminary approval from the Financial Regulatory Authority (FRA) for a license…
FRA drafting new regulations for IPO bookbuilding process
REGULATION WATCH- FRA drafting new regulations for IPO bookbuilding process: A Financial Regulatory Authority (FRA) committee is looking at new…
Egypt sets rules for leasing and factoring companies to appeal FRA decisions
REGULATION WATCH- Madbouly sets framework for leasing and factoring companies to appeal FRA decisions: Prime Minister Moustafa Madbouly issued on…
FRA looking to file criminal case against Beltone officials over Sarwa IPO
FRA looking to file criminal case against Beltone officials over Sarwa IPO: The Financial Regulatory Authority (FRA) is looking to…
What we’re tracking this week and beyond
An administrative court will hear on Saturday Beltone Financial’s appeal against a six-month suspension handed to its investment banking arm…
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