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EGX to reclassify constituent industries, add new sectors
EXCLUSIVE- EGX to reclassify constituent industries, add new sectors: The EGX is currently reviewing its classification system for the sectors…
FRA approves EFG’s request to suspend bond trading arm
The Financial Regulatory Authority (FRA) has approved a request from EFG Hermes’ to suspend for one year one of its…
Gov’t to set up joint committees at customs entry points
CABINET WATCH- Gov’t to set up joint committees at customs entry points: The Madbouly Cabinet has approved a proposal to…
VAT taxpayers can now apply for fast-track refunds
REGULATION WATCH- VAT taxpayers can now apply for fast-track refunds: Taxpayers are now able to claim part of their VAT…
Gov’t to consult trade unions on Public Enterprises Act amendments
LEGISLATION WATCH- Gov’t to consult trade unions on Public Enterprises Act amendments as committee wraps up review: The Public Enterprises…
FRA orders Greece’s Titan to submit MTO for Alexandria Cement
M&A WATCH- FRA orders Titan Cement to submit MTO for Alexandria Cement: The Financial Regulatory Authority (FRA) has ordered Greek…
Dubai-based Mubasher Holding to seek custodian license in Egypt
Dubai-based Mubasher Holding plans to apply for a custodian license in Egypt after it last year obtained approvals from the…
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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