HC starts utilising short selling mechanism
Egyptian market moving toward competing with its counterparts in world’s money markets: Shoukry
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Acumen sues FRA for EGP 20m over damages to brand reputation
The company demanded a compensation of EGP 20m for damages suffered as a result of the defamation of the company’s reputation within the stock market.
Value of mortgage finance drops to EGP 440.7m during Q1 2019
The report pointed out the acquisition by investors according to monthly income segments (up to EGP 2,500) of 58% of the value of mortgage finance during Q1, while the share of those with monthly income (more than EGP 3,500) was about 22%.
FRA considers new amendments to short selling controls
Proposed amendments include offering shares for borrowing through MCDR
Consumer financing activity under control
Activities worth EGP 70bn to experience first legislative framework ever
Total activities of micro finance portfolio reach value of EGP11.5bn in 2018: FRA
FRA chairperson praised vital role played by stakeholders operating in micro finance
Insurance companies’ net investments see 16.1% increase in FY 2017/18
Value of investments in private insurance funds reaches EGP 70 bn during last year
FRA approves draft law to regulate consumer credit activities
Only companies licensed by FRA, with capital of EGP 10m or more can operate
Egypt is among largest Arab markets, insurance diffusion remains low: El Khatib
Company’s assets increase by 19% for last 3 years, after distributing $10m of dividends in 2017
FRA insurance programme supports microbusiness financing
Microbusiness financing inched up 10% in Q3
Africa is an important place for Egypt to access: chairperson of Financial Regulatory Authority
African stock exchanges scored just 6 places in the latest competitiveness report