Egypt offers citizenship for $250K investment
Egypt launched a citizenship by investment programme, granting citizenship for investments of $250,000 within 6-9…
Browsing Tag
Sherif Samy
Egypt’s CIB stresses importance of digital expansion in Africa for financial…
Financial inclusion must be supported by expanding access to digital communication technologies across Africa, CIB…
After CIB’s godfather resignation, who is doing what at the bank’s helm?
After Hisham Ezz Al Arab, the long-term chairman and managing director of the Commercial International Bank (CIB),…
Egypt names former bourse chief Mohamed Omran as FSA head
Egypt has picked former stock market chief Mohamed Omran to lead the Egyptian Financial Supervisory Authority…
30 firms face delisting threat from Egypt bourse – official
Around 30 companies could be eventually delisted from Egypt’s stock exchange for having free float lower than the…
Egypt names Abdel Moaty acting head of FSA
Egypt’s government has picked Reda Abdel Moaty to lead the Egyptian Financial Supervisory Authority (EFSA), the…
Egyptian central bank to launch a microfinance initiative next Tuesday
Egypt’s central bank will launch its anticipated microfinance initiative next Tuesday, a step that follows recent…
Launch of two Egyptian property funds on the way before year-end: official
An investment house and an investment firm are looking to launch two real estate funds in Egypt before the end of…
Egypt accounts for 5% of Arab bourses’ market cap – official
Egypt captures around five percent of the Arab bourses’ total market capitalisation, head of the Egyptian market…
Egypt’s currency float move to spur foreign investments: market regulator
Egypt’s move to freely float the local pound will contribute to support and boost non-banking financial activities,…
Resuming Egypt’s commodity stock relies on supply ministry’s direction: EFSA
Resuming the establishment of a commodity stock exchange depends on the direction of the recently-appointed Supply…
Egypt 7-month leasing activity goes 14% higher: EFSA
Leasing activity in Egypt grow 14 percent since the beginning of the year until July, head of the country’s market…
Gulf investors bidding to launch an insurance firm in Egypt
Market regulator, Egyptian Financial Supervisory Authority (EFSA) is studying a new bid from Gulf investors willing…
Egypt to finalise drafting new leasing, factoring bill in Sept: watchdog
The Egyptian Financial Supervisory Authority (EFSA) says it intends to finalise drafting a new bill on leasing and…
Second annual leasing conference to kick off in Cairo next Oct. 11
The second annual leasing conference will kick off next October 11th in Cairo in a bid to stimulate unconventional…
Egypt leasing activity grows 12% in H1
Leasing activities in Egypt recorded a 12 percent y-o-y rise throughout the first half of 2016, head of the…
Banking sector must have access to foreign cash via EGX: EFSA
Egypt’s current crisis of low foreign currency reserves requires that the banking sector has direct access to…
Egypt’s mortgage activity grows 12 percent in five months
Egypt's mortgage sector activity grew 12 percent during the first five months of 2016, Sherif Samy, Chairman of the…
Beltone files lawsuit against heads of Egypt bourse and watchdog: sources
Egypt's Beltone Financial has filed a lawsuit against the heads of the country’s stock exchange and Financial…
Egypt’s mortgage sector leapt by 30 pct in 2016
Egypt’s first-quarter mortgage activity surged by 30 percent, the head of Egyptian Financial Supervisory Authority,…
Beltone acquisition of CI Capital pending until court case resolved: market watchdog
The head of Egypt's market regulatory body said Wednesday that Beltone Financial's acquisition of CI Capital would…
Dubai, Egypt market regulators sign cooperation deal
Egypt’s market watchdog, Egyptian Financial Supervisory Authority (EFSA) has signed Tuesday a cooperation agreement…
Egypt participates in IOSCO GEM-C 2016 in Indonesia’s Bali
Egypt is sending an official delegation to Bali, Indonesia to take part in the Growth and Emerging Markets…
Egypt’s private insurance funds record $5.5bn in investments
The investments of the private insurance funds in Egypt grew 8 percent in 2014 to reach 43 billion Egyptian pounds…
Leasing sector in Egypt grows 193% in 10 months – EFSA
The volume of leasing contracts has jumped 193 percent within the first ten months of 2015, Sherif Samy -chairman…
Private insurance funds assets hit $6bn in FY2014-15: Egypt regulator
The total assets of private insurance funds rose by 10 percent to hit 48.2 billion Egyptian pounds (US$6.1 billion)…
Egypt’s central bank names two deputy governors
Egypt's central bank has named two deputy central bank governors in a board reshuffle, it said in a statement…
Egypt to amend leasing regulations to spur growth rates – market watchdog
Egypt plans to amend the leasing regulations aiming to double the growth rates of this funding mechanism, the…
Real estate financing in Egypt 82% up this year: Financial regulator
Real estate financing in Egypt has grown by 82 percent during the first eight months of 2015, Egypt’s financial…
Euromoney Egypt 2015 discussing ‘Financing the Future’ today
Euromoney, the most important financial event in Egypt, is returning to Cairo Monday for its 20th annual gathering…
Egypt’s First Microfinance Union names Mona Zulficar as Chairman
The first Egyptian Union of Microfinance has elected Mona Zulficar- Chairman of Al Tadamun Microfinance Foundation-…
Egypt takes part in IOSCO’s 40th Annual Conference in London
Egypt’s market regulator is taking part in the 40th Annual Conference of the world's largest organisation of…
Capitals of EGX-listed Firms hit $3 billion in 4 Months – EFSA
The total increase in capitals of listed firms in the Egyptian Exchange (EGX) reached EGP21.5 billion(US$…
Egypt’s ‘Mortgage Development Partners’ Conference kicks off
With the theme of “Mortgage Development Partners,” Egypt’s second conference of “Partnership for Development”…
Interview – Egypt Regulator Chief: I can’t veto Stocks Tax
Egypt’s market regulator chief Sherif Samy said Wednesday he did not have the right of veto over the tax on stocks…
Egypt Regulator braces for first Real Estate Financing Federation Polls
Egypt's market regulator, the Egyptian Financial Supervisory Authority (EFSA) is participating in the “Mortgage…
Egypt to discuss again Trading Bonds File on Cairo Bourse – Minister
A cabinet-level economic committee will discuss stalled plans for the trading of bonds on Egypt's stock exchange,…
Pioneers wins Takeover Deal on Cheese Maker Arab Dairy
Egyptian financial services firm Pioneers Holding has won the race to buy Egypt's Arab Dairy (ADPC) for 255 million…
EFSA: EGP1.6 billion Surplus in Egypt’s Insurance Sector in 2014
Egyptian Financial Supervisory Authority (EFSA) revealed that the total insurance premiums value reached EGP14…
Amwal Al Ghad honors ‘Economic Figures of the Year’ Today
Amwal Al Ghad, the leading economic magazine in Egypt and the Middle East, is holding today its first annual event…