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EGX plans to involve banks in margin trading welcomed by brokerages
Brokerages cheer EGX drive to interest banks in financing margin trading: Brokerages and industry associations are welcoming recent steps by…
Speed Round
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Amendments to the Capital Markets Act will allow private stock exchanges, short-term debt instruments
LEGISLATION WATCH- Is privatization of the EGX in the cards after the House Economics Committee okays regs allowing private stock…
Amendments to Banking Act will strengthen the central bank’s consumer protection role
Amendments to Banking Act to make central bank the primary consumer protection agency for the banking industry: Amendments to the…
Are Eni and Total at the precipice of a giant gas discovery in Cyprus?
Are Eni and Total at the precipice of a giant gas discovery in Cyprus? Reports have begun to emerge in…
Soha El Turky resigns as ADIB CFO
MOVES- Abu Dhabi Islamic Bank Egypt (ADIB) says Soha Ali El Turky has resigned as CFO, according to a regulatory…
Contracts for Russian Industrial Zone to be signed in March
As for the Russian Industrial Zone (RIZ), look for contracts establishing it to be signed in March, spokesperson for the…
Procedures between EgyptAir and Aeroflot behind delay in resumption of flights
Procedures between EgyptAir and Aeroflot behind delay in resumption of flights: All that remains for the resumption of flights between…
Capital Markets Act hearings start at House Economics Committee
LEGISLATION WATCH- Capital Markets Act. The Economics Committee of the House of Representatives began discussions yesterday on amendments to the…
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