{"id":596894,"date":"2019-07-10T04:18:29","date_gmt":"2019-07-10T04:18:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/"},"modified":"2019-07-10T04:18:29","modified_gmt":"2019-07-10T04:18:29","slug":"blom-egypt-securities-applies-for-short-selling-license","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/","title":{"rendered":"Blom Egypt Securities applies for short selling license"},"content":{"rendered":"

Blom Egypt Securities has applied for a short selling license from the Financial Regulatory Authority (FRA), Managing Director Mohamed Fathalla told Al Mal<\/a>. Blom Bank Egypt\u2019s brokerage arm could become the latest to acquire the license after the FRA granted it<\/a> to EFG Hermes, CI Capital, the Arab African International Securities, and Arqam Securities. The authority issued regulations earlier this year<\/a> allowing short selling on the EGX through brokerages who will act as market by finding lenders and borrowers of stocks.<\/p>\n","protected":false},"excerpt":{"rendered":"

Blom Egypt Securities has applied for a short selling license from the Financial Regulatory Authority (FRA), Managing Director Mohamed Fathalla told Al Mal. Blom Bank Egypt\u2019s brokerage arm could become the latest to acquire the license after the FRA granted it to EFG Hermes, CI Capital, the Arab African International Securities, and Arqam Securities. The […]<\/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":[2372,3401,72,7087,125,831],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596894","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-blom-bank","tag-enterpriseam","tag-finance","tag-investment-watch","tag-short-selling","wpautop","entry"],"acf":{"mongo_id":"fc5ed046-da7a-448f-8340-175b1756b377","is_powered_by":true,"section_story_id":"74aff7c5-5dad-4230-b916-9c3e8d36e5e0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596859],"teaser":"","voice_url":""},"yoast_head":"\nBlom Egypt Securities applies for short selling license - 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\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blom Egypt Securities applies for short selling license\" \/>\n<meta property=\"og:description\" content=\"Blom Egypt Securities has applied for a short selling license from the Financial Regulatory Authority (FRA), Managing Director Mohamed Fathalla told Al Mal. Blom Bank Egypt\u2019s brokerage arm could become the latest to acquire the license after the FRA granted it to EFG Hermes, CI Capital, the Arab African International Securities, and Arqam Securities. The […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-10T04:18:29+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\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Blom Egypt Securities applies for short selling license\",\"datePublished\":\"2019-07-10T04:18:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"Blom Bank\",\"EnterpriseAM\",\"Finance\",\"investment watch\",\"short selling\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/\",\"name\":\"Blom Egypt Securities applies for short selling license - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-07-10T04:18:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Blom Egypt Securities applies for short selling license\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Blom Egypt Securities applies for short selling license - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/","og_locale":"en_US","og_type":"article","og_title":"Blom Egypt Securities applies for short selling license","og_description":"Blom Egypt Securities has applied for a short selling license from the Financial Regulatory Authority (FRA), Managing Director Mohamed Fathalla told Al Mal. 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The bank will be focused on expanding its domestic activities, which in the near term include a EGP 12 mn\u2026","rel":"","context":"In "Banking + Finance"","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":634036,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/mohamed-fathallah-appointed-managing-director-at-blom-egypt-securities\/","url_meta":{"origin":596894,"position":1},"title":"Mohamed Fathallah appointed managing director at Blom Egypt Securities","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"MOVES- Mohamed Fathalla was appointed as the new managing director at Blom Egypt Securities last week, Al Borsa reports. Fathalla was also tapped last month as Marseilia Egyptian Gulf Real Estate Investment\u2019s deputy chairman. He previously served as managing director at Al Tawfeek Leasing Co.","rel":"","context":"In "Speed Round"","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":626805,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/11\/lebanons-blom-bank-sees-significant-growth-from-egypt-arm\/","url_meta":{"origin":596894,"position":2},"title":"Lebanon\u2019s Blom Bank sees \u201csignificant growth\u201d from Egypt arm","author":"enterpriseam admin","date":"11 July 2018","format":false,"excerpt":"Lebanon\u2019s Blom Bank is seeing \u201csignificant growth\u201d from its arm in Egypt this year, Chairman Saad Azhari said yesterday, according to Reuters\u2019 Arabic service. As a whole, the bank expects to see a minor increase in its profits, according to the chairman. Azhari had previously given props to Egypt\u2019s improving\u2026","rel":"","context":"In "Banking + Finance"","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":648092,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/28\/banque-misr-blom-bank-raise-interest-rates\/","url_meta":{"origin":596894,"position":3},"title":"Banque Misr, Blom Bank raise interest rates","author":"enterpriseam admin","date":"28 May 2017","format":false,"excerpt":"Banque Misr and Blom Bank have raised interest rates on loans and certificates of deposit following the CBE\u2019s decision to hike rates by 200 bps last week, Al Shorouk reports. Blom Bank increased interest on short-term CDs by a maximum of 200 bps, and is studying doing the same for\u2026","rel":"","context":"In "Banking + Finance"","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":597424,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/25\/fra-awards-premiere-securities-short-selling-license\/","url_meta":{"origin":596894,"position":4},"title":"FRA awards Premiere Securities short selling license","author":"enterpriseam admin","date":"25 July 2019","format":false,"excerpt":"The Financial Regulatory Authority has granted Premiere Securities a short selling license, the local press reported. 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The growing listof brokerages authorized to short sell includes Arqaam, EFG Hermes, CI Capital, the Arab African International Securities, Prime Holdings, HC Securities, and Premiere Securities. Short selling transactions are due to hit the EGX\u2026","rel":"","context":"In "Banking + Finance"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=596894"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596894\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596859"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596894"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596894"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}