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Concentration risk regs relaxed for Egypt’s mortgage lenders
REGULATION WATCH- Mortgage finance companies can now lend up to 15% of their capital base to an individual household, up…
Is Telecom Egypt serious about a Vodafone Egypt takeover?
M&A WATCH- Is Telecom Egypt serious about a Vodafone Egypt takeover? Telecom Egypt (TE) could be about to thwart Saudi…
FRA requires futures exchange company to separate CEO, MD, chairman
REGULATION WATCH- FRA requires futures exchange operating company to separate CEO, MD, chairman positions: The Financial Regulatory Authority (FRA) issued…
Clearance agents can now take out copies of their work history from all ports across Egypt
The Customs Authority has reversed a decision that required independent licensed clearance agents’ work to obtain copies of a document…
Egypt slashes fines on wildcat building in 23 governorates
Gov’t slashes fines on wildcat building in 23 governorates: Local authorities have reduced fines paid to the government to settle…
New rules on mandatory cashless payments — gov’t is getting serious about taking commerce online
LEGISLATION WATCH- New rules on mandatory cashless payments — gov’t is getting serious about taking commerce online: Private sector companies…
Cabinet greenlights far-reaching changes to Capital Market Act regs
REGULATION WATCH- Changes to MTO rules, how real estate funds operate and guidance on sukuk are highlights of sweeping changes…
Madbouly issues ultimatum on wildcat building
Madbouly takes hard line on wildcat building after El Sisi’s warnings: Illegal builders have until the end of September to…
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