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money markets
FRA postpones elections for MCDR presidency, Board membership
The Financial Regulatory Authority (FRA) has announced that the candidacy window for the Chair position and membership of the Board of Directors at Misr for Central Clearing, Depository and Registry…
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Egypt’s Financial Regulatory Authority explores boosting MSME financing
Financial Regulatory Authority (FRA) has held an online meeting to discuss ways to overcome obstacles, and presented proposals to develop the financing activities for MSMEs.
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EGX was mixed on Monday, benchmark slumps 0.74 %
Egyptian Exchange (EGX) indices showed mixed performance at the close of Monday's trading amid profit-taking operations and marked purchases from local, Arab and foreign institutions and investment…
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EGX ends week mostly lower, benchmark EGX 30 solely 0.27% up
Egypt’s stock exchange’s (EGX) indexes closed mostly lower on Thursday, with the benchmark EGX 30 index solely adding 0.27 percent to 10,143 points.
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Egypt’s stocks end lower on Wednesday, benchmark EGX 30 tumbles 1.85%
Egypt’s stock exchange’s (EGX) indexes ended lower on Wednesday, with the benchmark EGX 30 index tumbling 1.85 percent to 10,115 points.
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FRA to expand Investor Protection Fund to cover forced delistings
The Investor Protection Fund (IPF) will expand its coverage to stock market losses if a listed company is ordered by regulators to delist shares, according to updated regulations (pdf) published by…
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CIB’s stocks seen a sharp decline to its lowest level in 28 months early Tuesday
The Commercial International Bank-Egypt (CIB) saw its stock taking sharp nosedive to its lowest level in 28 months.
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EGX listing makes companies centre of foreign investor focus: Chairperson
Listing companies on the Egyptian Exchange (EGX) helps them become the centre of international investor focus, and attract foreign investments, EGX Chairperson Mohamed Farid has said.
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Egypt’s stocks close higher on Monday, benchmark EGX 30 gains 0.55%
Egypt’s stock exchange’s (EGX) indexes closed higher on Monday, with the benchmark EGX 30 index adding 0.55 percent to 10,450 points.
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Macro Group delays offering on EGX plans
Macro Group, one of the largest and the fastest growing cosmeceutical companies in Egypt, is delaying its planned initial public offering (IPO), which was expected to take place this month.
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