The Board of Directors of Egypt’s Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decree No. 196 of 2024, setting new minimum capital requirements for insurance companies.

According to the statement, the Securities Exchange Commission and the Central Bank of Nigeria have both granted their regulatory licenses for the new capital ... like Morocco, Egypt, and the ...

The Central Bank of Egypt (CBE) announced on Thursday the launching ... out across various markets" according to the statement. The new benchmark, CONIA, brings together the CBE, select commercial ...

Egypt's current account deficit totaled $5.9 billion in July-September 2024, compared with $2.8 billion in the same quarter a ...

This marks Egypt's sixth issuance of USD-denominated T-bills in 2024, following a sale of $1.57 billion in November. Earlier this year, the central bank sold $850 million in T-bills in January ...

(MENAFN- Daily News Egypt) The Board of Directors of Egypt's financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decree No. 196 of 2024, setting new minimum capital ...

The dip in canal revenues was offset by an almost doubling of remittances to $8.3 billion from $4.5 billion in the July-to-September 2023 quarter, the central bank said. Egypt's net foreign direct ...