FRA introduces new rules for securities not listed on EGX

The Board of Directors of the Financial Regulatory Authority (FRA), led by Mohamed Farid, has issued Decision No. 303 of 2024, amending the rules for handling securities not listed on the Egyptian Exchange (EGX). This decision updates the FRA’s previous guidelines, originally outlined in Decision No. 94 of 2018, to…

Bonyan approved for listing on Egyptian Exchange

Bonyan, a real estate investment company, has received approval to list on the Egyptian Exchange (EGX) under the ticker symbol “BONY.CA”. The company plans to launch its initial public offering (IPO) within the first half of 2025, pending completion of regulatory requirements set by the Egyptian Financial Regulatory Authority and…

Madbouly meets with Goldman Sachs, Swedish, Qatari PMs in Davos

Egypt’s Prime Minister Mostafa Madbouly held a series of meetings Wednesday at the World Economic Forum (Davos 2025), including discussions with Goldman Sachs’ Global Head of Public Affairs, Jared Cohen, the Prime Ministers of Sweden and Qatar,  and the CEO of Ariston Group, Paolo Merloni. Madbouly is representing Egyptian President…
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