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Gov’t to launch pilot mandatory carbon market in 1Q 2024
The World Bank is working alongside the Environment Ministry to get the market off the ground
FRA rolls out new trading regs to reduce market risk
The amendments aim to stabilize the market, regulate margin trading, reduce default risks, and protect traders’ rights
Hassan Abdalla reappointed CBE governor + Ahmed Galal joins AUC Board
#1- Hassan Abdalla gets another year as CBE governor: President Abdel Fattah El Sisi has reappointed Hassan Abdalla as the…
Bids roll in for the FRA’s credit rating license. PLUS: Arab agri investment, Megamind, and Gulf nations
Three consortiums have submitted bids for the FRA’s credit rating license
Beltone pushes into mortgage financing, targeting secondary market with faster turnaround times
The company plans to offer the shortest processing time in the mortgage finance market
A new EGX trading system, real estate exchange incoming for 2024
Efforts to boost short selling are also in the works
Suez Canal transit fees to rise next year. PLUS: News from the FRA
The government now expects canal revenues to rise by more than a third this year to USD 10.3 bn
FRA eases rules on share buybacks
The amendments aim to facilitate the process of buying and selling of treasury shares for EGX-listed companies
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