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Union National Bank’s BoD approves voluntary delisting from Egypt’s exchange
Union National Bank’s board of directors has approved a decision to voluntarily delist the bank’s shares from the EGX and…
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Maait taps Reda Abdel Kader as Egypt’s new advisor to the finance minister on tax evasion
MOVES- Finance Minister Mohamed Maait has tapped Reda Abdel Kader as advisor to the finance minister on tax evasion, reports…
FRA gives itself all regulatory power over industry in Insurance Act
LEGISLATION WATCH- Draft Insurance Act grants sweeping new powers to market regulator: The Financial Regulatory Authority (FRA) will be granted…
PM issues executive regs for National Press Authority
REGULATION WATCH- Madbouly issues executive regs for National Press Authority bill: Prime Minister Moustafa Madbouly issued on Monday the executive…
Egypt’s market regulator grants Tycoon brokerage a short selling license
The Financial Regulatory Authority (FRA) has granted Tycoon Securities Brokerage a short selling license, according to Al Mal. The company…
GAFI to ensure companies stick to target export mix, eases work and residency permit procedures
REGULATION WATCH- Freezone companies need to stick to target export mix: The General Authority for Investment (GAFI) has commissioned a…
What we’re tracking on 17 July 2019
The Americans are coming: Economic reform has made Egypt more attractive to US investors, US Chamber of Commerce Executive VP…
Ostoul obtains primary dealer license from FRA for EGP-denominated securities
Ostoul Securities Brokerage has obtained a license from the Financial Regulatory Authority to begin in August operating as a primary…
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