Egypt nears launch of short selling as final preparations advance
Egypt is nearing the launch of short selling on the Egyptian Exchange (EGX), with technical preparations and…
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MCDR
Egypt’s FRA approves long-awaited short-selling framework
Egypt's Financial Regulatory Authority (FRA) on Wednesday approved a long-awaited framework for short selling,…
EGX launches new financial instruments to boost liquidity
Egyptian Exchange (EGX) announced a package of financial instruments and market enhancements aimed at boosting…
EGX finalises printing firm public, private placements
The Egyptian Exchange (EGX) executed the public and private offerings of National Printing (NAPR.CA), a private…
Egypt’s bourse, clearing house say settlement, connectivity unharmed by Ramsis blaze
Egypt’s stock exchange and clearing house on Tuesday denied reports of technical issues following a fire at the…
Egypt’s traders demand probe into EGX power outage
Egyptian Stock Exchange (EGX) traders and investors have demanded an immediate investigation into Monday's service…
Misr Clearing start board nomination procedures on Sunday
Misr for Central Clearing, Depository and Registry (MCDR) will be starting the board member nomination process for…
First Abu Dhabi Bank obtains Egypt custody licence
First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, announced on Sunday it has obtained a…
Egypt cabinet approves launch of commodities exchange
Egypt’s cabinet approved on Tuesday a plan by the ministry of supply to start the Egyptian commodities exchange…
Egypt’s clearing house MCDR to launch IPO for sports arm in November
Egypt’s Central Clearing, Depository, and Registry House MCDR is planning a stock market listing for its sports arm…
Egypt to launch short-selling of shares this quarter – MCDR chair
Egypt is expected to launch the short-selling of shares on the stock market in the current quarter ending in…
Egypt stock exchange exec sees 20% rise in volumes after short-selling
Egypt’s stock trading volumes are expected to blossom between 15 percent and 20 percent after allowing…
MCDR lining up listing of sports arm on Egypt SME bourse in 2yrs
Egypt’s Central Securities Depository House (MCDR) says it hopes to complete listing of its sports arm El-Makasa…
Egypt halts clearing, depository tie-up with Qatar over rift: official
Egypt’s Central Securities Depository House (MCDR) has suspended its link-up operations with Qatar’s Central…
Cairo suspends clearing and depository tie-up with Doha: sources
Cairo’s Central Securities Depository (MCDR) has suspended link-up operations with Doha’s Central Securities…
Egypt Clearing House ‘ready’ to absorb demands of commodities exchange
Egypt’s Central Clearing, Depository, and Registry House (MCDR) is ready to handle the settlement process for the…
Morocco, Egypt to conclude clearing and depository tie-up before year-end
Egypt’s Central Securities Depository (MCDR) plans to complete a link-up move with its Moroccan counterpart,…
Egyptian Capital Market Association celebrates 20th anniversary today
The non-profit Egyptian Capital Market Association is celebrating Tuesday evening its 20th anniversary, under…
Cairo to finalise clearing and depository tie-up with Abu Dhabi this June
Egypt's Central Securities Depository (MCDR) is planning to complete a link-up move with its UAE counterpart, Abu…
Russia, Egypt settlement depository houses sign MoU
Russia’s central securities depository, National Settlement Depository (NSD) has signed Tuesday a memorandum of…
Nasdaq Dubai launches new ‘share link’ to ease trading for Egyptian investors
Nasdaq Dubai, the region’s international financial exchange, has created a new share link with Egypt’s Misr for…
Egypt’s NileIT to Upgrade Sudan Bourse’s Technological Structure
Egypt’s Nile Information Technology and Dissemination (NileIT) will sign a protocol on cooperation with Khartoum…
Egypt Stocks Gain EGP15.3bn in Week, EGX30 Surges 3.4%
In a week, Egypt’s stock Exchange (EGX) gained 15.3 billion Egyptian pounds. In addition, the country’s main stock…
NASDAQ Dubai, Egypt Clearing House Sign Dual Listing Agreement
NASDAQ Dubai has agreed today with Egypt's securities clearing house to promote cross-listings of Egyptian firms'…
NASDAQ Dubai Delays Dual Listing Deal with Egypt’s Clearing House till Oct
NASDAQ Dubai decided to deter dual listing plans with Egypt's Central Securities Depository (MCDR) till end of next…
Egypt Stocks Gain EGP6.9bn in Week Propelled by Suez Canal Project
In a week, Egypt's stocks gained 6.9 billion Egyptian pounds powered by the new Suez canal national project.…
Egypt’s Central Securities Depository Eyes Link-up with Morocco Next Month
Egypt's Central Securities Depository (MCDR) is planning to establish a link-up action with its Moroccan…
Abu Dhabi Completes Clearing and Depository Tie-up Action with Egypt’s MCDR
Egypt has recently concluded a dual listing action with Abu Dhabi Securities Market, head of Egyptian Central…
Juhayna to Boost its capital to EGP941.405mln
Juhayna Food Industries SAE (JUFO.CA) stated that it will surge its issued capital by EGP 235.351 million from EGP…
Raya Holding Plans IPO for Subsidiary on Egypt Bourse
Egypt's Raya Holding announced on Sunday that its wholly-owned affiliate plans to launch its IPO on the local…
Abu Dhabi and Egypt Clearing House Tie Up within 2 Weeks
Egypt’s Central Clearing, Depository and Registry house (MCDR) is planning to finalize the dual listing framework…
1st Annual Event on Funds Industry in Egypt Starts
The first annual conference addressing the role of Mutual Funds towards Egypt's economy has just kicked off in…
1st Annual Event on Funds Industry in Egypt Kicks off Monday
- The Event is organized by Money Cycle, Under Trade & Investment Ministry’s patronage…
Egypt Sees Launch of ETFs Before Q1-end; Official
Egypt's market regulator is planning to release the long-awaited Exchange Traded Funds (ETFs) before the end…
Egypt to Launch ETFs Next Month As Trial Sessions Near Completion
Egypt’s Central Clearing, Depository and Registry house (MCDR) announced on Thursday that almost all the trial…
Egypt Delays Offering 18-month Zero-coupon Bonds to Sept 16
Egypt has decided to postpone offering EGP 1 billion Egyptian pounds ($143 million) in 18-month zero-coupon bonds,…
Who’s Who: Names of Brotherhood Members Whose Assets Been Frozen
Exclusive - Amwal Al Ghad publishes the list of the brotherhood members whose assets in the Egyptian Exchange (EGX)…
Assets of Brotherhood Leader, 27 Key Figures Frozen – Sources
Egypt’s Central Clearing, Depository and Registry house (MCDR) froze on Monday the assets of 29 Muslim…
OCI N.V. Announces Completion of Tender Offer for Orascom Construction
OCI N.V. announced today that as per the closing filings received on 28 July 2013, the Company has completed the…
Egypt Bourse Starts Stamp Tax Today Amid Worries
Egypt’s Central Clearing, Depository and Registry house (MCDR) will start today collecting the…