Financial Regulatory Authority - Egypt
FRA’s BOD issues an amendment to treasury shares provisions. FRA issues exceptional procedures allowing listed companies to purchase treasury shares from the open market
The Authority’s Board of Directors agreed to amend provisions of Article 51 of listing and delisting rules on regulating dealing in treasury shares through listed companies mentioned in Article No. 51 of listing and delisting rules. The said amendment exempted these companies from the per...
Proposing an amendment to some provisions of the Executive Regulations of the Capital Market Law related to real estate investment trusts (REITs) and private equity funds
FRA’s Chairman announces the approval of the Authority’s Board of Directors - at its last meeting – on a proposal to make an amendment to some provisions of the Executive Regulations of the Capital Market Law related to the activities of both real estate investment trusts and ...
FRA introduces new amendments to listing and delisting rules
FRA’s BOD approved new amendments to listing and delisting rules to protect shareholders rights in listed companies in line with international best practices in this regard.FRA’s Chairman says that the amendment adds two new items: The first stipulates that listed company can acquir...
FRA prepares a package of regulatory decisions to subject consumer credit activities under its supervision
FRA’s Chairman asserts that FRA’s BOD is keen on issuing the necessary executive decisions to put the provisions of Consumer Credit Law into effect immediately after obtaining the final approval of the law in the plenary session of the House of Representatives.FRA’s Chairman s...