The Egyptian Competition Authority has approved seven significant acquisition deals, allowing domestic and international companies to invest in various sectors.
Updated 11/11/2024 7:44:00 AM
The Financial Regulatory Authority (FRA) announced new rules to fortify protection for clients’ accounts within the securities sector.
Updated 10/31/2024 12:45:00 PM
The Egyptian government is currently reviewing the financial statements of 198 state-owned companies to evaluate their profitability.
Updated 10/7/2024 4:02:00 AM
Egypt Post’s investment arm, Post for Investment, and AXA Egypt have signed a partnership agreement to launch Egypt’s first microinsurance company under the newly implemented Unified Insurance Law.
Updated 10/7/2024 4:02:00 AM
Misr Insurance Holding has obtained a license from the Financial Regulatory Authority (FRA) to launch Maak microfinance company, with about EGP9 billion in targeted funds over five years.
Updated 6/4/2024 10:35:00 AM
Azimut Egypt is gearing up to launch a new fintech venture during the third quarter (Q3) of this year.
Updated 5/30/2024 12:28:00 PM
The Egyptian cabinet has greenlit a draft law regulating state ownership in fully-owned companies by the state or those in which it holds a stake.
Updated 5/16/2024 8:30:00 AM
EFG Finance, the non-bank financial institutions (NBFI) arm of EFG Holding, has obtained the required license from the Financial Regulatory Authority (FRA) to launch a new subsidiary specialized in providing financial services tailored for small and medium-sized enterprises (SMEs).
Updated 3/13/2024 10:52:00 AMThe Financial Regulatory Authority (FRA) has granted Abu Dhabi Islamic Bank (ADIB Egypt) a license to launch the first Sharia-compliant microfinance firm in Egypt.
Updated 7/31/2023 8:29:00 AMThe Sovereign Fund of Egypt (TSFE), in partnership with Etisalat Misr, has launched a new firm under the name of "Erada" for financing small and micro projects, according to a statement by the Egyptian Planning Ministry on January 16th.
Updated 2/1/2023 2:15:00 PM