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Egypt’s market regulator is putting the final touches on the draft Insurance Act
LEGISLATION WATCH- Market regulator, Justice Ministry putting the final touches on Insurance Act: The Justice Ministry is finalizing the draft…
Corporate sukuks to debut in coming weeks with USD 50 mn CIAF Leasing issuance bonds
DEBT WATCH- Corporate sukuks to debut in Egypt in the coming weeks? CIAF Leasing plans to issue Egypt’s first corporate…
Short selling comes to the Egyptian stock market
Short selling comes to the EGX: The EGX and Misr for Central Clearing, Depository & Registry (MCDR) yesterday launched short…
FRA approves Beltone Financial capital increase to pay off OIH debt
The Financial Regulatory Authority (FRA) has approved Beltone Financial’s planned capital increase to EGP 898 mn from EGP 338 mn…
Court rejects Acumen, Raya lawsuits against FRA’s Mohamed Omran
DISPUTE WATCH- Court rejects Acumen Holding’s lawsuit against FRA boss for reputational damage: A Giza court rejected yesterday a EGP…
Adeptio says FRA’s rejection of MTO for Americana Egypt “unjustifiable,” could resort to legal action
M&A WATCH- Adeptio says FRA’s rejection of MTO for Americana Egypt “unjustifiable,” could resort to legal action: The Financial Regulatory…
FRA gives Rameda green light on public subscription notice
IPO WATCH- Market regulator gives Rameda green light on public subscription notice: The Financial Regulatory Authority (FRA) has approved Rameda…
Egyptian Financial Regulatory Authority issues new regs allowing greater participation in investment funds
REGULATION WATCH- FRA issues new regs that sound like a chaperone agreement for investment funds: The Financial Regulatory Authority (FRA)…
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