Mohamed Farid

FRA introduces amendments to establish hedge funds on EGX

Tue, 23 Apr 2024 - 09:22 GMT

The amendments aim to diversify investment tools, enhance competitiveness, and make the Egyptian market more attractive to investors, according to Farid

FRA Chairman advocates for stability and flexibility in global financial markets at IMF meetings

Tue, 16 Apr 2024 - 04:25 GMT

To stimulate liquidity and trading on both government and corporate bond markets, Farid called for increased transparency and disclosure, along with simplified and streamlined issuance procedures

FRA approves 3 entities for reducing carbon emissions projects

Thu, 15 Feb 2024 - 01:33 GMT

These entities are the Center of Organic Agriculture in Egypt (COAE), TUV NORD Egypt Company, and the international entity TUV NORD Cert Company. The approvals are valid for a period of one year from the date of issuance

FRA introduces capital requirements for FinTech startups in non-banking finance

Mon, 08 Jan 2024 - 03:29 GMT

The primary objective of this resolution is to ensure the financial stability of these companies and their ability to deliver efficient services

Financial Regulatory Authority mandates pricing regulations for insurance companies

Mon, 18 Sep 2023 - 05:11 GMT

This regulatory measure aligns with the FRA's broader goals of boosting market efficiency, protecting competitiveness, and promoting fairness in dealing and pricing.

Pachin starts the delisting procedures of its shares from EGX

Mon, 18 Sep 2023 - 03:37 GMT

The company has offered to repurchase shares from shareholders who object to this move at a price of LE 39.80 per share.

Financial Regulatory Authority reveals regulations for entry to new carbon market

Tue, 29 Aug 2023 - 12:37 GMT

During last year’s COP27 conference, Egypt revealed that it would launch Africa’s first voluntary carbon market, allowing companies in Egypt and Africa to trade certified carbon credits

Misr Life Insurance, NBE launch Egypt’s first USD pension plans

Mon, 14 Aug 2023 - 03:06 GMT

The minimum amount is $500 and the maximum is $10,000 per plan during the year.

FRA releases new regulations regarding investment funds dealing in minerals

Sun, 16 Apr 2023 - 04:05 GMT

FRA head, Mohamed Farid, has announced that the authority’s board of directors has issued two new decisions regarding investment funds dealing in minerals as one of the transferred financial values

Saudi, Emirati investors express their desire to invest in Egyptian market

Mon, 20 Feb 2023 - 06:30 GMT

This came during a promotional tour by an Egyptian delegation to both Saudi Arabia and the United Arab Emirates (UAE).

Sisi appoints Mohamed Farid as acting Chairman of FRA for a year

Sun, 07 Aug 2022 - 02:31 GMT

According to FRA’s statement, Mohamed Farid Saleh has been appointed as the Chairman of the Egyptian Stock Exchange since August 2017, according to Prime Minister Decision No. 1759/2017.

Gov't offerings major catalyst for capital market: EGX chairman

Sun, 29 May 2022 - 02:37 GMT

He pointed out that the current crisis is similar to the period of the global crisis in 2008, pointing out that increasing the supply side is a good solution to deal with that crisis.

Memory of the day: Saint Valentine dies by beheading in 273

Mon, 14 Feb 2022 - 10:48 GMT

In the following lines, ET sheds light on the most important world events that took place on February 14.

Egyptian army chief of staff follows up on procedures to raise combat efficiency of southern military unit

Sat, 31 Jul 2021 - 11:59 GMT

Chief of Staff of the Armed Forces Lieutenant General Mohamed Farid inspected on Saturday the measures to raise the combat efficiency of a unit of the southern military area.

Photos: Egyptian, Sudanese chiefs of staff attend closing stage of joint military exercise ‘Guardians of the Nile’

Wed, 02 Jun 2021 - 10:40 GMT

The exercise, which lasted for several days in Sudan, came with the participation of personnel from the ground, naval, air and air defense forces, in addition to the special Thunderbolt forces and Airborne Corps from the two countries

Video: Egyptian army chief of staff inspects security situation in North Sinai

Thu, 29 Apr 2021 - 03:11 GMT

Farid made a visit to the permanent operations center in Arish city and listened to a detailed explanation of the plans and the decisions the army and police personnel are carrying out to uproot terrorism and preserve stability in North Sinai.

In pics: Egypt’s president, military leaders discuss national security issues, challenges

Fri, 23 Apr 2021 - 04:02 GMT

The leaders included Defense Minister Mohamed Zaki, Chief of Staff of the Armed Forces Mohamed Farid, heads of the army’s main branches as well as other key commanders, officers, non-commissioned officers and soldiers.

Pictures: Egyptian, Burundian army chiefs of staff sign military cooperation protocol

Sat, 10 Apr 2021 - 06:29 GMT

The Egyptian-Burundian cooperation protocol enables the two armies to exchange expertise and reflects the consensus in the visions of the two countries’ armies toward the issues of mutual concern, a statement by the Egyptian army spokesman said.

Egyptian army’s chief of staff attends main phase of military tactic project ‘Gasser-5’

Fri, 09 Apr 2021 - 09:22 GMT

The project was carried out by a unit of the western military region, within the framework of a combat training plan for the formations and units of the armed forces.

Chief of Staff witnesses main stage of "Saif Al Arab" joint drill

Wed, 25 Nov 2020 - 10:14 GMT

Chief-of-Staff of the Armed Forces Lt. Gen. Mohamed Farid attended Wednesday the main stage of a joint military drill dubbed "Saif Al Arab," - "Sword of Arabs".