EFSA, CBE Asked By Finance Ministry To Suggest Sukuk Rules
The Egyptian Ministry of Finance is close to finalizing the first draft of the executive regulation of sukuk law as…
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EFSA
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…
Orascom Construction Dutch Unit Lowers Bid Price To EGP 255/Share
OCI N.V. has confirmed its commitment to its mandatory tender offer submitted to Egypt’s financial regulator – the…
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…
EGX 30 Ends Near 5375Pts Powered By Cabinet Reshuffle, Regulator Remarks
As the 9 ministers announced in Egypt’s cabinet reshuffle have been finally sworn in, the Egyptian Exchange (EGX)…
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…
EGX 30 Ends This Week 1.54% Higher, Shrugs Off Hermes Deal Failure
Despite the fact that the planned takeover of Egypt’s largest investment bank by Qatar’s QInvest LLC has been…
Egypt’s Regulator Says Turned Down Hermes Deal On QInvest’s ‘Limited Expertise’
Egypt’s financial regulator - the Egyptian Financial Supervisory Authority (EFSA) announced on Thursday that it has…
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…
Hermes, QInvest Declare JV Agreement Expiration
EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, and QInvest, Qatar’s leading investment bank,…
