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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Misr for Central Clearing
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,…
Egypt’s FRA finalises framework for short selling on EGX
Egypt’s Financial Regulatory Authority (FRA) is finalising preparations to launch short selling on the Egyptian…
Egypt’s FRA approves securities lending rules to boost market liquidity
Egypt’s Financial Regulatory Authority (FRA) has issued Monday new rules allowing the borrowing of securities for…
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…
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…
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,…
Russia, Egypt settlement depository houses sign MoU
Russia’s central securities depository, National Settlement Depository (NSD) has signed Tuesday a memorandum of…
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'…
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…
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…
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,…
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…
Persecutor General Requests EGX To Temporarily Freeze Assets Of 3 Investors
The Egyptian Exchange (EGX) management has received a release from the country’s Prosecutor-General Talaat Abdullah…
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…
Hedging Mechanism Awaits Egypt’s FSA Approval; Says MCDR Chairman
Egypt’s Securities Depository Center Chairman announced on Tuesday the completion of all preparations for the new…
Egypt’s Securities Depository Center Signs Tie-up Contracts With Turkish Counterpart
Misr for Central Clearing, Depository and Registry (MCDR) said on Thursday it has signed the tie-up contracts with…
Egypt’s MCDR Chairman: Tests On Delayed Financial Instruments Finalized
Misr for Central Clearing, Depository and Registry (MCDR) said it has finalized the modifications and tests on a…
Coverage Ratio Of Al-Moasher Subscription In Capital Increase Hits 9.3%
Al-Moasher for Programming and Information Dissemination - (AMPI) sent a release to the Egyptian Exchange in…
Egypt’s Securities Depository Center Starts Linkage With Moroccan, Tunisian Counterparts
Mohamed Abdel-Salam, the Chairman of Misr for Central Clearing, Depository and Registry, noted that the MCDR has…
MCDR Says FY/11 Net Profit 23% Down, Completes LSE’s Database
Misr for Central Clearing, Depository and Registry (MCDR) reported on Thursday a 23% decline in its net profit…
Pachin Announces EGP 3.75/Share Cash Dividend, Last Payout Oct 21st
Paints & Chemical Industries – Pachin (PACH.CA) has decided to distributed Coupon No. (19) of EGP…
MCDR Chairman: E-Signature, T+1 Await EFSA’s Ratification
The Chairman of Misr for Central Clearing, Depository and Registry Mohamed Abdel Salam said the MCDR has…
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…
MCDR Chairman: 109 Brokerage Firms To Start E-Signature Service
The Chairman of Misr for Central Clearing, Depository and Registry Mohamed Abdel Salam said the MCDR has signed…
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…
Suez Cement Announces EGP 1/Share Cash Dividend
Suez Cement Co. (SUCE.CA) said it will distribute Coupon No. (27) of EGP 1 per share payable on…
Raya Holding Announces EGP 0.20/Share Cash Dividend
Raya Holding For Technology And Communications - (RAYA.CA) said it will distribute Coupon No. (7) of EGP…
EGX Announces Arab Investment Urbanization’s Voluntary Delisting
Egyptian Exchange (EGX)’s Securities Listing Committee has announced Wednesday that the stock of Arab Investment…
MCDR Chairman, Sawiris Dropped Out EFA Presidency Race
The Egyptian Football Association has dropped out Mohamed Abdel Salam, chairman of Misr for Central Clearing,…
Nile IT Aims to Achieve a EGP 11 Mln Business Volume by Late 2012
Nile IT, a company affiliated to Misr for Central Clearing, Depository and Registry, aims to achieve a business…
Abu Hashima Joins MCDR Chairman On Campaign Trail In Egyptian FA Presidency
The Egyptian businessman Ahmed Abu Hashima has joined Mohamed Abdel Salam, the chairman of Misr for Central…
Samih Sawiris Joins MCDR Chairman On Egyptian FA Campaign Trail
Mohamed Abdel Salam, chairman of Misr for Central Clearing, Depository and Registry (MCDR), has announced that he…
EGX Ratifies Board Tweak, Mashat New CBE Representative
The Egyptian Exchange board of directors had ratified a number of tweaks in its board during its meeting held last…
MCDR Chairman Mulls Egyptian FA President Candidacy
Mohamed Abdel Salam, chairman of Misr for Central Clearing, Depository and Registry (MCDR), is considering to run…
Egyptian Media Production City To Pay Coupon At EGP 0.30/Share
Egyptian Media Production City – EMPC (MPRC.CA) decided to pay coupon no. (1) at EGP 0.30 per share starting from…
AMOC To Pay Coupon No.9 At EGP 9/Share On Two Payments
Alexandria Mineral Oils Company – AMOC (AMOC:CA) has decided to pay a coupon no. (9) on two payments; first…
MCDR Sport Co. To Found Sports Academy Backed by Capital Increase
Misr for Central Clearing, Depository and Registry (MCDR) announced that it targets at increasing the capital of…
General Prosecutor Informs EGX of Former Trade Minister’s Asset Release
General Prosecutor Abdel Maguid Mahmoud has announced that he will inform the Egyptian Exchange (EGX) of releasing…