FRA’s BOD decided that companies wishing to offer its shares, whether existing shares or capital increase shall be registered at FRA’s registry first before being listed at the Egyptian Exchange. Also, FRA’s BOD decision stated that companies shall meet the requirements set fo...
FRA’s Board approved number of important amendments to the Executive Regulations of the Capital Market Law. The amendments to the real estate investment trusts (REITs) included increasing the percentage in which the (REITs) may invest their funds in one project to be 50% if the size of th...
FRA’s Board of Directors issued a regulatory decision after gaining the Board’s approval. The said decision requires obtaining the approval of the company’s General Assembly upon purchasing treasury shares where the percentage of ownership or voting rights of a shareholder or...
FRA agreed in principle on the Capital Market Advisory Committee’s recommendation to regulate the rules governing intraday trading mechanism, which increase the maximum limit of THE client to be 1/10000 instead of 20000/1 and allowing him to repeat dealing within the said percentage dur...