Egypt’s Public Sector Affairs Minister unveils 400% increase in FY2017 net profits
Egypt’s Minister of Public Sector Affairs Ashraf El-Sharkawy said the estimated net profits jumped by more than 400…
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Ashraf El Sharkawy
Egypt launches first state-run takaful insurance firm
Egypt’s first government-owned takaful insurance company is expected to commence operations within six months,…
Egypt holds international tender to restructure Egyptian Iron & Steel
Egypt has held a long-awaited international tender for the refurbishment of the country’s largest public companies,…
Egypt to hold international tender for Iron and Steel restructuring in 6 weeks
Egypt will hold an international tender for restructuring one of the country’s largest public companies, Egyptian…
Egyptian Capital Market Association celebrates 20th anniversary today
The non-profit Egyptian Capital Market Association is celebrating Tuesday evening its 20th anniversary, under…
BREAKING: Sisi swears in 10 new ministers in Cabinet reshuffle
Egyptian President Abdel Fattah al-Sisi has sworn in a new government Wednesday after a limited reshuffle move. The…
Ex-market regulator chief Sharkawy likely to lead Egypt teleco watchdog
Egypt is likely to name former market regulator chief Ashraf El-Sharkawy as the new telecom watchdog executive…
Egypt Names Ex-Market Regulator Chief as Board Member in Banque Misr
Egyptian Prime Minister Dr. Hazem El-Beblawi approved Tuesday the appointment of Ahmed Mohie El-Din Abou El-Ezz as…
Egypt Names Walid Hegazy As New Financial Regulator Chief
Egypt has assigned Dr. Walid Hegazy as the new financial regulator chief on Thursday. Egyptian Investment Minister…
EFSA Committed To Applying International Standards To Develop Insurance Sector
The Egyptian Financial Supervisory Authority (EFSA) aims to apply the best international insurance standards and…
Egypt Bourse To Revive Same-Day Trading By Week’s End
The Egyptian Exchange will reinstate the practice of buying and selling single stocks within the same daily trade…
EGX 30 Climbs 2.4% In Week Powered By Govt’s Reconciling Steps
In a week, the Egyptian Exchange has managed to post remarkable gains of EGP 5.6 billion as the capital…
Egypt’s Financial Regulator Says Same-Day Trading Will Return May 23
Egypt’s financial regulator announced on Tuesday that the same-day trading mechanism which is known as T+0 will…
Egypt Bourse Benchmark Rises 0.97% In Week Powered By OCI-Tax Deal
In a week, the Egyptian Exchange has managed to post gains of EGP 1.4 billion backed by the final settlement…
EFG-Hermes Plans Asset Sales As QInvest Deal Fails
EFG-Hermes Holding SAE (HRHO.CA), Egypt’s largest investment bank, said it will sell assets and cut costs after an…
Egypt Bourse Struggles Under Heavy Hand Of Government
Egyptian fund manager Mohamed Ayad watched his clients lose money for months until he himself became a victim of…
Exclusive – Who’s Who To Adopt EGX’s Same-Day Trading
The Egyptian Exchange’s management has released on Sunday the list of the EGX-listed firms qualified to practice a…
Egypt’s FSA Studies Cypriot Bid For Orascom Telecom; Chief Says
Egypt’s Financial Supervisory Authority chief Ashraf El-Sharkawy has announced that the FSA is currently studying…
Same-Day Trading Will Return To Egypt Next May: FSA Chief
The same-day trading mechanism which is known as T+0 will return to the Egyptian stock exchange by the first week…
Same-Day Trading Will Return To Egypt Before June-End: FSA Chief
The same-day trading mechanism which is known as T+0 will return to the Egyptian market very soon, by the end of…
ETFs To Come Into Effect Very Soon In Egypt: FSA Chief
The Egyptian financial regulator (FSA) is confirming its plans to continue reviewing the final framework in order…
Egypt’s FSA Participates In GCC Regulators’ Summit, Seeks To Boost Relations
Egypt’s FSA Chief Ashraf El-Sharkawy has taken part in the 7th Gulf Cooperation Council (GCC) Regulators' Summit…
Egypt Regulator Approves Qatar Bank’s Offer For NSGB
Egypt's financial regulatory authority has approved an offer by Qatar National Bank to buy 100 percent of National…
OCI Share Deal Faces Delays As Egypt Queries Plan
A deal that would see Bill Gates and other U.S. investors inject $1 billion in fertilizer and construction firm OCI…
EFG-Hermes Says QInvest Takeover Delayed by Regulatory Process
EFG-Hermes Holding SAE (HRHO), Egypt’s biggest investment bank, said its sale to Qatar’s QInvest LLC has been…
Egypt’s Financial Regulator Not To Allow High-Risk Financial Instruments Into Bourse
Dr. Ashraf El-Sharkawy, Chairman of the Egyptian Financial Supervisory Authority (EFSA), stated that the country's…
El-Sharkawy: ETFs To Come Into Effect By 2013
Dr. Ashraf El-Sharkawy, Chairman of the Egyptian Financial Supervisory Authority (EFSA), announced that the…
EFSA Renewed Licenses For 6 Insurance Brokers In September
The Egyptian Financial Supervisory Authority (EFSA) renewed the licenses for six insurance brokers in September and…
Three Non-Life Insurance Policies Approved In September: EFSA
Three non-life insurance policies were approved in September, while seven non-life insurance policies were approved…
EGX Mulls Joint Trading Mechanisms With Turkish Counterpart
The Egyptian Exchange Chairman has said on Sunday the bourse is studying mechanisms for joint trading with Istanbul…
El-Sharkawy: Short Selling Will Not Come Into Effect In Egypt
Dr. Ashraf El-Sharkawy, the Egyptian Financial Supervisory Authority (EFSA), has ruled out plans to implement Short…
Egypt Regulator To Decide Next Week On EFG, QInvest Tie-Up
Egypt's financial regulator said on Wednesday it would decide next week on whether to approve plans by Egypt's…
El-Sharkawy: Financial Products, EGX-listing Facilitating Key Factors For Market Boost
Dr. Ashraf El-Sharkawy - the Chairman of the Egyptian Financial Supervisory Authority (EFSA) – said attracting…
EFSA To Sign Mutual Cooperation Agreement With ITIDA Tomorrow
Ashraf El-Sharkawy, chairman of the Egyptian Financial Supervisory Authority (EFSA) will sign tomorrow a mutual…
El-Sharkawy: T+0 Applicable End of October, GDRs Regulations Completed Before 2013
Dr. Ashraf El-Sharkawy- the Chairman of the Egyptian Financial Supervisory Authority (EFSA) – announced Wednesday…
EFSA Approves Bedaya Fund I PPM With EGP 250 Mln Volume
Dr. Ashraf El Sharkawy, chairman of Egyptian Financial Supervisory Authority (EFSA), said the authority has…
El Sharkawy: Bedaya Fund I Launch Beginning of 2013
Dr. Ashraf El Sharkawy, chairman of Egyptian Financial Supervisory Authority (EFSA), said the General Authority for…
Hesham Kandil: IMF Loan Depends On New PA Decision
Egypt's Prime Minister, Hesham Kandil, has inaugurated Monday morning Beltone Financial's Annual Investment…
Ashraf El-Sharkawy Targets Improving Takaful Insurance Sector
The Chairman of the Egyptian Financial Supervisory Authority (EFSA), Ashraf El-Sharkawy met with the chairmen of…
HealthCare Firms Work As Insurers Without Licenses..EFSA To Be Blamed: Gabr
Osama Gabr, general manager of Issue Department at Royal Insurance Company, criticized the Egyptian Financial…