Latest in Tag: Mohamed Omran Highlight
Latest in Tag: Mohamed Omran
Omran told DNE that the offering — which will take place before the end of the first half (1H) of 2022 — will be distributed between Egypt and Luxembourg, refusing to disclose the name of the institution.
FRA Chairperson Mohamed Omran said that the approval will support the Egyptian state’s adoption of a policy providing a remote work environment based primarily on the safe exchange of information and supervision.
2,700 citizens use nano-finance products with loans amounting to EGP 650,000 end-May, says Omran
Insurance premiums increase by 19.3% to reach EGP 35.2bn in same year
Amendments to executive regulations allow for greater funding opportunities for SMEs, says Omran
FRA chairperson Mohamed Omran said that instalments to be collected starting early March to September without imposing any delay fines.
Securitisation bond issuances reach 18 of about EGP 22bn last year
Stakes in four companies to be offered on EGX before 31 March 2020, including Banque du Caire
Centre aims to raise awareness of sustainable development and promote a green economy culture within financial sector: Omran
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 investments in private insurance funds reaches EGP 70 bn during last year
FRA’s has several projects, such as insurance on students, in addition to insuring governmental buildings
Statistics calculate remaining life expectancy for people at different ages, probability of surviving to given age
EFSA aims to increase volume of financial leasing to EGP 80bn by end of 2022
The Egyptian Financial Regulatory Authority (FRA) has officially launched the electronic registry of movable assets that enables micro, small, and medium entrepreneurs to obtain additional financing for their projects by leveraging equipment and machines they own or what they intend to buy. Mohamed Omran, FRA chairperson, said at a press conference that Egypt was the …
Financial Supervisory Authority aims to issue a new insurance law in 2018
Real estate, land came on top, followed by automotive sector
Minister of Investment and International Cooperation Sahar Nasr said that Prime Minister Sherif Ismail issued a decree appointing Mohamed Omran as acting head of the Egyptian Financial Supervisory Authority (EFSA), pending the adoption of the procedures prescribed by the Constitution after the commencement of the session of the House of Representatives. Nasr explained that EFSA …
Developing the EGX plays a pivotal role in the economic reform programme, according to Nasr
The controls protect the different parties in the market and increases the performance of the market
Omran held talks with representatives from Infor and CitiBank International
32 companies were registered in NILEX with EGP 1.3bn capital by the end of 2016
Positive indicators of EGX increases chances of new IPOs success, says EGX chairperson
Corporate structuring before an IPO is an essential step, which takes more than a few weeks or months
When the authorities related to investment funds request to register their certificates in the EGX, this will contribute to making amendments in the trading system and the rules of IPO, says Omran
New disaster recovery building to be built in Fifth Settlement as part of plan, Omran says
Expansion of financing base is main way to boost economic growth far from banks, says Sakr
Chairman of the Egyptian Exchange (EGX) Mohamed Omran said the government’s and the Central Banks of Egypt’s (CBE) decision to increase capital of two banks through the stock exchange is considered one of the most important economic decisions made in Egypt during the recent years. The statement was part of Omran’s speech in the opening session of …
Programme took three weeks, included clarification of modern concepts of Egyptian accounting standards such as handling financial leasing accounts, fair values
Omran says conference is not luxury but rather means to think outside the box, since waiting for market challenges to end is not an option