Egypt’s Kandil Names New Financial Regulator Vice-Chief
Egypt’s Prime Minister Hisham Kandil has named on Thursday Dr. Mohamed Ahmed Mohamed Maiet the new Vice Chairman of…
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Egyptian Financial Supervisory Authority
IGA Is Delaying EFG Hermes-QInvest Deal; Sources
The Egyptian Illicit Gains Authority (IGA) has sent a notice to Egypt’s financial regulator (FSA) asking not to…
Egypt’s Beltone: EGP32 Bln AUM In 2012, ETFs Launch Within Days
Beltone Financial (BTFH.CA) has reported on Tuesday total volume of assets under management (AUM) around EGP…
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…
EFSA Warns Healthcare Firms Of Offering Direct Medical Insurance Services
The Egyptian Financial Supervisory Authority (EFSA) announced that healthcare companies are not entitled to provide…
Cypriot Firm Offers To Buy 100% Of Orascom Telecom At US$0.70 Per Share
Egypt’s financial regulator announced on Sunday that Baskendal Ltd - a company founded in the State of…
EFG-Hermes Takeover By Qinvest Mired In Delays As Deadline Nears
The takeover of EFG-Hermes Holding SAE (HRHO.CA), Egypt’s biggest investment bank, by Qatar’s QInvest LLC is…
Business In Egypt; Feeling The Squeeze
The decision by Egypt’s general prosecutor to place the country’s wealthiest man and his business-tycoon father on…
NSGB Didn’t Ask For EFSA’s Approval On Capital Increase
The National Société Générale Bank (NSGB) has not submitted a disclosure form to the Egyptian Financial Supervisory…
Orascom Buyout Battle Scars Egypt Stock Mkt
A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries (OCIC.CA) may inflict…