Banks' investments in securities, T-bills reach LE 4.428T by end of 2022

Wed, 15 Mar 2023 - 03:13 GMT

This came in a report issued by the Central Bank of Egypt (CBE) on Wednesday.

Value of securities issuances in Egypt hit LE 280.3B during 2021

Mon, 17 Jan 2022 - 10:22 GMT

2021 witnessed the first issuance of green bonds in the capital market in Egypt by a company with a value of $100 million (equivalent to LE 1.6 billion), in cooperation with the International Finance Corporation to support the transformation of the Egyptian economy into a green economy.

FRA criminalizes publishing recommendations regarding listed shares on social media

Sun, 05 Dec 2021 - 05:24 GMT

The legislative proposal comes with the aim of deterring people who issue and publish misleading recommendations and advice to manipulate small investors.

Egypt's FRA sets controls for deposit, registration of gov't securities

Mon, 04 Oct 2021 - 01:00 GMT

The new controls will allow natural or legal persons to invest in government securities and financial instruments through the depository and settlement members of the newly created company, according to a statement from the Financial Supervisory Authority Monday.

FRA allows factoring companies to finance purchase of securities on margin

Tue, 02 Mar 2021 - 03:59 GMT

Omran clarified that this will take place by allowing factoring companies to provide the service of deduction of the future financial rights of stock brokerage companies arising from engaging in the activity of buying securities on margin.

China eases restrictions on foreign ownership of securities ventures

Sun, 29 Apr 2018 - 09:35 GMT

China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures.

Egypt retains its IOSCO board membership

Wed, 04 Apr 2018 - 11:59 GMT

Egypt's Financial Supervisory Authority (FSA), retained its membership in the International Organization of Securities Commissions (IOSCO) board.

Egyptian bourse to benefit the most from CBE interest cut decision: Experts

Sat, 17 Feb 2018 - 01:20 GMT

A number of Egyptian economists stressed on Saturday that the Egyptian Exchange will benefit the most from the CBE's decision to cut interest rates.

Reasons behind Egypt's record of foreign reserves to above $37B

Wed, 03 Jan 2018 - 01:06 GMT

Dollar inflows doubled during the first three months of FY 2017/18 to $24.9 billion.

Stock market's future in Trump's hands as Federal Reserve chair pick looms

Sun, 22 Oct 2017 - 11:34 GMT

Investors awaiting the nomination of the next Federal Reserve chair are hoping whoever is nominated pursues the same monetary policy that has supported rising stock prices for the past nine years.

Fed's Yellen says AIG's threat to stability is reduced after downsizing

Tue, 03 Oct 2017 - 08:23 GMT

American International Group Inc poses less of a threat to financial stability because it shrank its assets by more than $500 billion.

Foreign investment in Egyptian securities rises to $18B in September

Mon, 02 Oct 2017 - 01:06 GMT

Appetite for Egypt’s domestic debt has increased since the central bank floated the pound currency.

SEC says hackers may have traded using stolen insider information

Thu, 21 Sep 2017 - 01:00 GMT

Top U.S. markets regulator said hackers accessed its corporate disclosure database and may have illegally profited by trading on the insider information stolen.

SHUAA Capital considers re-entering Egyptian market

Tue, 29 Aug 2017 - 12:09 GMT

SHUAA Capital had voluntarily suspended its brokerage operations in Egypt as the region recovered from the 2008 global recession which impacted trading volumes.

US charges British Bitcoin dealer with fraud

Sat, 01 Jul 2017 - 01:00 GMT

US authorities on Friday charged a British businessman with a checkered history with securities fraud for bilking investors.