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Court fines Raya’s Medhat Khalil more than EGP 110 mn
DISPUTE WATCH- Court hands Medhat Khalil the largest fine in Egyptian capital market history: The Cairo Economic Court yesterday ruled…
FRA extends Titan Group’s MTO deadline for Alexandria Cement another month
M&A WATCH- Market regulator extends Titan Group’s MTO deadline for Alexandria Cement shares by another month: The Financial Regulatory Authority…
FRA sets up committee of NBFs to participate in CBE’s initiative to rehabilitate financially troubled clients
FRA to bring NBFS firms on board with CBE corporate debt forgiveness initiative: The Financial Regulatory Authority (FRA) is forming…
Emirati company looking to establish microfinance unit in Egypt
A major Emirati company is considering launching a microfinancing arm in Egypt, Al Malreports, citing three sources familiar with the…
FRA mulls new regs for asset, portfolio managers
REGULATION WATCH- FRA mulls new regs for asset, portfolio managers: The Financial Regulatory Authority (FRA) is studying new regulations for…
FRA committee suggests closing auction mechanism for EGX
REGULATION WATCH- FRA committee suggests closing auction mechanism for EGX share pricing: A proposal tabled by the Financial Regulatory Authority’s…
Pioneers Holding requests 30-day extension to MTO deadline to appoint new financial advisor
M&A WATCH- Pioneers Holding requests 30-day extension for MTO deadline to appoint new financial advisor: Pioneers Holding has submitted a…
FRA approves Beltone’s new financial leasing, mortgage finance arms
The Financial Regulatory Authority has approved Beltone Financial’s plans to establish financial leasing and mortgage finance subsidiaries, Beltone’s Director of…
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