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Egypt’s GB Lease completes EGP 767 mn securitized bond issuance
GB Lease has completed a EGP 767 mn securitized bond issuance to improve its short-term liquidity position, according to a…
Egypt’s FRA wraps up Insurance Act consultations
LEGISLATION WATCH- Regulator wraps up Insurance Act consultations: The Financial Regulatory Authority (FRA) has wrapped up several rounds of consultations…
Is Egypt’s Electricity Ministry on a privatization drive?
Is the Electricity Ministry on a privatization drive? The Egyptian Electricity Holding Company (EEHC) could sell stakes in its electricity…
Egypt’s FRA to bring SME financing under 2014 microfinance law
LEGISLATION WATCH- FRA to bring SME financing under 2014 microfinance law: Dedicated SME lenders including finance companies and NGOs could…
Egypt’s FRA mulls licensing companies and intermediaries to act as SME lenders
The Financial Regulatory Authority (FRA) is studying issuing licenses to allow companies and financial intermediaries to extend loans to SMEs,…
Ahly Capital taps former Amwal AlKhaleej top Egypt exec as its new CEO
MOVES- Karim Saada, former Amwal AlKhaleej executive vice president and Egypt country head, has joined Ahly Capital as CEO, sources…
Egypt’s new Consumer Credit Act with House “in days”
LEGISLATION WATCH- Consumer Credit Act heading to House “in days”: The proposed Consumer Credit Act, which will govern retail financing…
FRA publishes consumer protection guidebook for its industries
The Financial Regulatory Authority (FRA) has put out a consumer protection guidebook (pdf) for capital markets, insurance and other non-banking…
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