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FRA launches app to facilitate recruiting women to senior roles
The Financial Regulatory Authority has launched an app, ‘Empowering Women,’ to help companies recruit qualified women to leadership and decision-making…
Financial Regulatory Authority
Al Ahly Capital in talks to acquire e-payments firms Momken, Sadad
M&A WATCH- Al Ahly Capital is in talks to acquire 100% of e-payments firms Momken and Sadad in transactions that…
BRIEFLY NOTED- CBE’s POS machines, Emaar Misr says Cairo Gate isn’t new, Sika closes Bitumode acquisition
BRIEFLY NOTED- It will cost the central bank EGP 500-600 mn to finance the cost of rolling out 100k point-of-sale…
FRA will allow outsiders who are not board members to sit on audit committees
REGULATION WATCH- You can now have an outside party who isn’t a board member sit on your audit committee following…
FRA suspends issuing insurance licenses for a year; new regs require auditors to be insured
REGULATION WATCH- FRA suspends issuing insurance licenses for a year; auditors will need to be insured: The Financial Regulatory Authority…
Suez Canal Bank completes USD 30.6 mn stake sale of Midor
M&A WATCH- The Suez Canal Bank has completed the sale of its USD 30.6 mn stake in the Middle East…
Egypt’s FRA to begin stress-testing NBFS institutions
FRA to begin stress-testing NBFS institutions: The Financial Regulatory Authority (FRA) has developed an analytical stress testing tool to gauge…
What we’re tracking on 31 May 2020
…And we’re back, ladies and gentlemen. We hope all of you enjoyed the past nine days off as much as…
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