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money markets
FRA considers extending EGX’s trading session by 30min
The Financial Regulatory Authority (FRA) is currently considering a proposal to extend the Egyptian Exchange's (EGX) daily trading session by 30 minutes, sources told the local press.
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Egypt’s first actuarial life table for local insurance players will start early July
Egypt’s first actuarial life table for life insurance will go live as early as next July, the start of the country’s financial year 2021/2022, an official said.
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There is no intention to impose new taxes on EGX’s transactions, Minister
The Egyptian Minister of Finance, Mohamed Maait, affirmed that no new taxes will be imposed on the Egyptian Exchange's (EGX) transactions.
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EGX approves determinants of calculating closing price, price limits for temporary suspension
The Egyptian Exchange issued Resolution No. (681) for the year 2021 regarding the determinants of calculating the closing price and price limits for the temporary suspension after Mohamed Farid, its…
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Egypt Kuwait Holding gets FRA’s approval to launch micro-finance firm
Egypt Kuwait Holding (EKH) has recently received the Financial Regulatory Authority's (FRA) approval to establish a micro-finance company called Bedayti.
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EGX extends deadline for SMEs to contract with sponsors
The Egyptian Exchange (EGX) has issued decision no. 617 of 2021, granting small- and medium-sized enterprises (SMEs) a week ending on 31 August to contract with a registered sponsor.
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Egypt’s Financial Regulator approves 1st microfinance leasing licence
Egypt has approved the first licence for microfinance leasing activity in the Egyptian market, according to Mohamed Omran, Chairperson of the Financial Regulatory Authority (FRA).
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EGX executes $424m MTO on Blom Bank Egypt’s shares
The Egyptian Exchange (EGX) announced the execution of a mandatory tender offer (MTO) on the unlisted shares of Blom Bank Egypt.
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Mohamed Farid re-appointed as EGX Chairman
Egypt’s Cabinet has renewed Mohamed Farid’s mandate as chairman of the country’s stock Exchange (EGX) for another four years, an EGX statement showed on Sunday.
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EGX to launch new index tracking government treasury bonds Tuesday
Egypt’s stock exchange (EGX) will launch on Tuesday a new index to track the listed and traded government treasury bonds, the bourse said in a statement on Monday.
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