Markets Regulations

The Egyptian Financial Regulatory Authority
19 November 07:13 PM FRA asks insurance companies to suggest legislative reforms
By: Fahd Omran Cairo - Mubasher: The chairman of the Egyptian Financial Regulatory Authority (FRA) has asked insurance companies to provide their suggestions to reform the sector’s current legal framework. Mohamed Omran said in a meeting with …
The decision comes as part of efforts to develop the Kingdom’s financial market
16 November 05:54 PM Saudi CMA to exempt firms from initial Q4 disclosures
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) on Thursday stated that the decision taken by its board which involves exempting listed companies from disclosing financial statements for the fourth quarter of the current fiscal year …
Saudi Arabian Monetary Authority approved on Tuesday Chubb Arabia's request
15 November 10:39 PM Chubb Arabia obtains approval to sell cyber-insurance in KSA
Riyadh - Mubasher: Chubb Arabia Cooperative Insurance Company has obtained the authorization to sell Cyber Enterprise Risk Management Insurance in Saudi Arabia, according to a bourse filing. On Tuesday, the company received the letter of approval …
21st Century Fox believes that focusing on news and sports would enable better competition
7 November 06:05 PM 21st Century Fox in talks over majority stake sale to Disney
Mubasher: 21st Century Fox has been in negotiations to sell a majority stake to Walt Disney Co. so that it could focus more on news and sports, which it believes have a more competitive edge, informed sources told CNBC. Talks have been ongoing …
The Egyptian Exchange
1 November 06:43 PM EFSA sets new deadline for IPOs
Cairo - Mubasher: The Egyptian Financial Supervisory Authority (EFSA) has recently amended listing regulations, and obliged companies wishing to list shares on the Egyptian Exchange (EGX) with new rules. Rules include first obtaining EFSA’s …
Futures contracts would be settled in cash, as each contract will be matched with 100 basic shares.
24 October 08:25 PM UAE Futures attracts foreign money flow – Analysis
By: Mahmoud Gamal Dubai – Mubasher: The new UAE’s futures markets on Nasdaq Dubai’s platform will allow investors to hedge markets’ declines and help increasing foreign money flows. On Tuesday, Abu Dhabi Securities Exchange (ADX) and Nasdaq Dubai …
The launch of index futures will add to the depth of instruments available to investors
24 October 06:32 PM SHUAA Capital to act as market maker on Nasdaq Dubai
Dubai - Mubasher: SHUAA Capital on Tuesday announced that its market making and liquidity provision arm SHUAA Capital International will be a market maker on Nasdaq Dubai’s new index futures. Nasdaq Dubai is set to launch a new index based on …
he authority stated that the updated regulations include the acquisition through the general assembly regulation
22 October 01:33 PM Saudi CMA issues updated merger, acquisitions regulations
Riyadh – Mubasher: Saudi Arabia’s Capital Market Authority’s (CMA) board issued a resolution to approve the updated merger and acquisition regulations, which will come into force as of the date of their publication. The updated regulations took …
This step is a part of the bank’s expansion strategy in order to diversify investment opportunities
19 October 07:08 PM GFH expects listing KHCB on DFM in 2017
By: Amr Adel Dubai – Mubasher: Hisham Al Rayes, CEO of GFH Financial Group, on Thursday said that his group expects Khaleeji Commercial Bank (KHCB) to be listed on the Dubai Financial Market (DFM) by the end of 2017. The bank, 55%-owned by GFH …
Currently, there are 128 companies from different sectors listed in the UAE financial markets
19 October 12:40 PM SCA approves listing KHCB in the UAE markets
Dubai - Mubasher: The UAE Securities and Commodities Authority (SCA) on Thursday announced that it approved the application submitted by Khaleeji Commercial Bank (KHCB), listed on Bahrain Bourse, for registration under Foreign Companies. The SCA …
EG Bank decided to raise its capital from $316 million to $344 million
14 October 05:34 PM EFSA allows EG Bank’s shareholders subscription to capital hike
Cairo - Mubasher: The Egyptian Financial Supervisory Authority (EFSA) has approved the request of the Egyptian Gulf Bank (EG Bank) to invite old shareholders to subscribe to the remaining shares of the capital hike between 28 August and 26 …