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Boards of banks in Egypt can meet a little less frequently now if they want, CBE says
REGULATION WATCH- Bank boards can meet a little less frequently now, central bank says: The CBE issued new regulations that…
What we’re tracking on 31 January 2019
Our popular My Morning Routine section is back today after going on hiatus over the Christmas-New Year vacation period. This…
FRA modifies board members criminal record rules
REGULATION WATCH- FRA amends rules on board members with criminal records; gives leasing and factoring companies six months to conform…
Egypt’s parliament gives preliminary nod to draft law to settle building code violations
The House of Representatives approved in principle yesterday a temporary bill that outlines mechanisms for settling building code violations, Al…
Egypt’s FRA to finalize Leasing and Factoring Act executive regs by end-March
REGULATION WATCH- FRA to finalize Leasing and Factoring Act regulations by end-March: The Financial Regulatory Authority (FRA) is set to…
Beltone en route to lose appeal against Egypt’s FRA
Advisory body reportedly recommends court turn down Beltone’s appeal of its suspension. The Administrative Court received yesterday a report from…
Alexandria Traffic Authority begins licensing tuk-tuks in western-most districts
The Alexandria Traffic Authority has begun licensing three-wheeled tuk-tuks in the governorate’s western-most districts, head of the vehicle stationing department…
Egypt’s bourse changes criteria for EGX30 inclusion
REGULATION WATCH- EGX tweaks criteria for inclusion in the benchmark EGX30.The main change in the mechanism is in evaluating shares…
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