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FRA grants Prime Holdings brokerage arm short-selling license
The Financial Regulatory Authority (FRA) approved granting Prime Holdings a short-seller’s license, local press reported on Thursday. Prime’s brokerage arm…
Acumen files EGP 20 mn lawsuit against FRA boss for reputational damage
DISPUTE WATCH- Acumen files EGP 20 mn lawsuit against FRA boss for “reputational damage”: A Giza court is expected to…
FRA relieves holding companies from shareholder structure rules
REGULATION WATCH- FRA grants holding companies exemption from some shareholder structure rules: The Financial Regulatory Authority (FRA) is exempting holding…
GTH signs dispute settlement agreement with Egypt’s Tax Authority, FRA approves Veon MTO
GTH signs tax settlement agreement, regulator approves Veon’s MTO, ending the years-long saga: Veon subsidiary Global Telecom Holding (GTH) signed…
Administrative court overturns FRA decision against Acumen on Egypt Gas shares
DISPUTE WATCH- Administrative court overturns regulator’s decision to ban Acumen from buying Egypt Gas shares: The Council of State’s (Maglis…
Egypt’s market regulator drafts proposed amendments to rules on clearing companies
REGULATION WATCH- Market regulator drafting changes to rules on clearing companies: The Financial Regulatory Authority’s (FRA) board of directors agreed…
Egypt’s House Econ Committee to hold consultations on Consumer Credit Act with industry stakeholders
LEGISLATION WATCH- House to hold consultations on Consumer Credit Act with industry stakeholders: The House Economic Committee will begin holding…
Two companies express interest in issuing sukuk to FRA
Are we on the cusp of a sukuk issuance spree? Two unnamed companies partially owned by the government have expressed…
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