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Beltone pays Egypt’s FRA EGP 16 mn to lift investment banking suspension
Beltone suspension lifted after it pays EGP 16 mn settlement: Beltone Financial’s investment banking arm resumed operations yesterday after the…
NON-BANKING FINANCIAL SERVICES
Home / NON-BANKING FINANCIAL SERVICES
Cabinet nods to law granting Egypt’s FRA operational autonomy
CABINET WATCH- Cabinet gives nod to autonomy for the Financial Regulatory Authority: The Madbouly Cabinet approved yesterday a draft act…
Egypt’s FRA makes insurance mandatory for microfinance provider
REGULATION WATCH- FRA makes insurance mandatory in micro- and SME finance: The Financial Regulatory Authority (FRA) is forcing microfinance and…
FRA modifies board members criminal record rules
REGULATION WATCH- FRA amends rules on board members with criminal records; gives leasing and factoring companies six months to conform…
Egypt’s FRA to finalize Leasing and Factoring Act executive regs by end-March
REGULATION WATCH- FRA to finalize Leasing and Factoring Act regulations by end-March: The Financial Regulatory Authority (FRA) is set to…
MetLife taps its US and EMEA business president Khalaf as CEO
MOVES- Global life insurer, New York-based MetLife has tapped its US and EMEA business chief Michel Khalaf (bio) as CEO,…
Egypt Post could be about to get into the microfinance game
Egypt Post could be about to get into the microfinance game: The ICT Ministry is planning to introduce microfinance services…
Sarwa shares fall nearly 10% after Naguib Sawiris’ OIH acquires a stake
Sarwa shares fall nearly 10% after OIH stake acquisition: Sarwa Capital’s share price ended yesterday’s trading session at EGP 6.52,…
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