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FRA granted sweeping powers as Unified Insurance Act gets cabinet approval
CABINET WATCH- Market regulator a step closer to getting sharper teeth as cabinet approves Unified Insurance Act: New extensive powers…
What we’re tracking on 12 November 2020
The big news of the morning: Pfizer’s breakthrough on Monday seems to have escalated the superpower competition for a covid-19…
New regulatory framework for SME lenders announced
REGULATION WATCH- SME lenders will need to be set up as joint-stock companies with a minimum capital of EGP 30…
We’re getting closer to a final decision on the ownership structure of Egypt’s new futures exchange
REGULATION WATCH- We’re getting closer to a final decision on the ownership structure of the new futures exchange — and…
Four insurance company license applications under review from Egypt’s regulator
Four more companies are looking to enter the insurance market and have license applications under review at the Financial Regulatory…
Insurance companies face new capital requirements to protect against EAS risk
REGULATION WATCH- Insurance companies will now be required to hold 1% of assets in reserve after the Financial Regulatory Authority…
FRA approves Americana’s EGX delisting
Americana Egypt’s requestto delist 400 mn shares from the EGX has been approved by the Financial Regulatory Authority’s (FRA) Securities…
Egypt’s SMEs to get 50% discount on Nilex evaluation fees to help them go public
REGULATION WATCH- SMEs looking to IPO on the Nilex are getting a 50% break on evaluation fees charged by the…
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