{"id":593388,"date":"2019-11-26T04:15:26","date_gmt":"2019-11-26T04:15:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/"},"modified":"2019-11-26T04:15:26","modified_gmt":"2019-11-26T04:15:26","slug":"dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/","title":{"rendered":"Dubai-based Mubasher Holding to seek custodian license in Egypt"},"content":{"rendered":"<p>Dubai-based Mubasher Holding plans to apply for a <a href=\"https:\/\/www.investopedia.com\/terms\/c\/custodian.asp\">custodian license<\/a> in Egypt after it last year obtained approvals from the Financial Regulatory Authority to launch a holding company, Mubasher Capital Holding for Financial Services Vice Chairman <a href=\"https:\/\/alborsaanews.com\/2019\/11\/24\/1268747\">Ehab Rashad said<\/a>. The new branch will be up set up by the end of the year with EGP 300 mn in capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai-based Mubasher Holding plans to apply for a custodian license in Egypt after it last year obtained approvals from the Financial Regulatory Authority to launch a holding company, Mubasher Capital Holding for Financial Services Vice Chairman Ehab Rashad said. The new branch will be up set up by the end of the year with EGP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72,503,1257,343],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593388","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","tag-financial-services","tag-mubasher-capital-holding","tag-regulation","wpautop","entry"],"acf":{"mongo_id":"6a335323-018b-44e4-a366-c3d1316541c1","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[593356],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dubai-based Mubasher Holding to seek custodian license in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dubai-based Mubasher Holding to seek custodian license in Egypt\" \/>\n<meta property=\"og:description\" content=\"Dubai-based Mubasher Holding plans to apply for a custodian license in Egypt after it last year obtained approvals from the Financial Regulatory Authority to launch a holding company, Mubasher Capital Holding for Financial Services Vice Chairman Ehab Rashad said. The new branch will be up set up by the end of the year with EGP [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-26T04:15:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Dubai-based Mubasher Holding to seek custodian license in Egypt\",\"datePublished\":\"2019-11-26T04:15:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\"},\"wordCount\":67,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\",\"financial services\",\"Mubasher Capital Holding\",\"regulation\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/dubai-based-mubasher-holding-to-seek-custodian-license-in-egypt\/\",\"name\":\"Dubai-based Mubasher Holding to seek custodian license in Egypt - 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The move is part of Mubasher Holdings\u2019 major subsidiary overhaul. Mubasher Securities aims to grow its AUM to EGP 2 bn over the next three\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561687,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/al-ahly-takes-lions-share-of-egypts-mortgage-finance-market\/","url_meta":{"origin":593388,"position":3},"title":"Al Ahly takes lion\u2019s share of Egypt\u2019s mortgage finance market","author":"enterpriseam admin","date":"18 April 2021","format":false,"excerpt":"Al Ahly Mortgage Finance accounted for 34.4% of the country\u2019s mortgage finance market in January and February 2021, with EGP 229.8 mn of funding doled out during the first two months of the year, according to a Financial Regulatory Authority (FRA) report(pdf). Tamweel Group came in second place with a\u2026","rel":"","context":"In &quot;Finance&quot;","block_context":{"text":"Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640804,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/efg-hermes-tops-brokerage-league-tables-for-august\/","url_meta":{"origin":593388,"position":4},"title":"EFG Hermes tops brokerage league tables for August","author":"enterpriseam admin","date":"5 September 2017","format":false,"excerpt":"EFG Hermes topped the EGX\u2019s brokerage league table for August with a 12.6% market share, according to Youm7. CI Capital came in second with a market share of 11.2%, followed by Pharos Holding (5.5%), Pioneer Holdings (5.2%) and Beltone Financial (4.7%).In other news from the world of finance: Mubasher has\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564320,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/mubasher-capital-wants-to-ipo-by-2025\/","url_meta":{"origin":593388,"position":5},"title":"Mubasher Capital wants to IPO by 2025","author":"enterpriseam admin","date":"24 August 2021","format":false,"excerpt":"Mubasher Capital Holding has ambitions to debut on the Egyptian Exchange in the next 3-5 years, Chairman Ehab Rashad told Enterprise this morning, confirming statements reported by Al Borsa (pdf).But the details remain sketchy: Mubasher has not yet identified potential advisors for the listing, he said. 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