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Five draft laws and money market development files are currently handed to Sahar Nasr business portfolio

Sherif Samy, chairperson of the Egyptian Financial Supervisory Authority (EFSA), said that five draft laws and money market development files are currently handed to the Minister of Investment’s Sahar Nasr business portfolio after assigning her the role of the competent Minister of EFSA. Samy explained that the money market is currently waiting for the approval …

Alia Stouhi

EFSA restructuring complete

The Egyptian Financial Supervisory Authority (EFSA) has finalised the procedures of bringing the Mortgage Finance Authority, the Egyptian Stocks Exchange (ESE) and the Private Insurance Funds under one supervisory body, state-owned news agency MENA has reported. As a result of the merger, all non-banking financial operations including mortgage financial affairs, leasing, factoring, securitisation, insurance activities …

Islam Serour

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