Markets Regulations

The Egyptian Exchange - (Photo Credit: Mubasher Archive)
5 hours ago EGX reduces working hours in Ramadan
Cairo - Mubasher: The Egyptian Exchange (EGX) announced the working hours for the holy month of Ramadan. Trading sessions for listed securities on the main market (EGX), as well as the Nile Exchange (Nilex) the small and medium capital market, …
(Photo Credit: Arabianeye-Reuters)
22 May 04:11 PM Tadawul amends securities tick as of 4 June
Riyadh – Mubasher: The Saudi Stock Exchange’s (Tadawul) board approved the amendment of the securities tick starting from 4 June. As per the new amendment, values of current tick sizes shall be reduced, according to a bourse filing on Monday. …
Photo Credit: Bahrain Bourse Website
21 May 09:17 PM Bahrain Bourse launches e-services on governmental portal
Mubasher: Bahrain Bourse has recently launched its electronic services on Bahrain e-Government portal to all investors and stakeholders, according to the Bahrain News Agency (BNA). This allows registered investors to view their investment …
Photo Credit: Arabianeye-Reuters
21 May 04:01 PM Boursa Kuwait announces Ramadan trading hours
Kuwait – Mubasher: Boursa Kuwait on Sunday has announced that the trading hours in Ramadan will total two hours and 35 minutes per day. Entering orders will last for 10 minutes starting from 10:30 am until 10:40 am Kuwait time, according to a …
(Photo Credit: Arabianeye-Reuters)
21 May 01:28 PM Tadawul delists Bishah
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) delisted Bishah Agriculture Development as of the end of Thursday's trades (18 May 2017). The move came after the decision of the Capital Market Authority (CMA) regarding delisting the shares …
(Photo Credit: Company website)
18 May 12:46 PM CMA OKs offering of Alkathiri Holding on Nomu
Riyadh – Mubasher: The Saudi Capital Market Authority's (CMA) board approved the prospectus for the initial public offering (IPO) of Al-Kathiri Holding Company on the Nomu-Parallel Market. The company intends to offer 819,000 shares, representing …
Photo Credit: Mubasher Archive
17 May 02:45 PM Candidatures for EGX board to begin late May
Cairo - Mubasher: The chairman of the Egyptian Exchange (EGX), Mohamed Omran, said that filing candidacies for the exchange’s board of directors will begin on Sunday, 28 May. Omran added on Wednesday that the elections are set to take place on 22 …
(Photo Credit: Press Release)
17 May 11:24 AM DFSA warns against Vitality for Investments
Dubai – Mubasher: The Dubai Financial Services Authority (DFSA) warned against dealing with Vitality for Investments Company, according to press release on Wednesday. The DFSA recommended not to contact the company or any of its representatives. …
(Photo Credit: Arabianeye-Reuters)
14 May 10:02 AM Tadawul delists Sanad as per CMA directive
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) on Sunday announced the delisting of Sanad Cooperative Insurance Co’s shares from the bourse, following the approval given by the Saudi Capital Market Authority (CMA) on 10 May 2017. The last …
(Photo archive)
11 May 01:42 PM CMA unlists Sanad from Tadawul
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) unlisted Sanad Cooperative Insurance from the Saudi Stock Exchange (Tadawul). Sanad had not committed to the regulatory procedures necessary to resolve its financial issues as per the New …
(Photo Credit: Arabianeye-Reuters)
9 May 06:55 PM MSM transfers several stocks to parallel, main markets
Mubasher: The Muscat Securities Market (MSM) approved transferring six stocks from the parallel market to the main MSM, and to transfer another eight from the main market to the parallel one. The reason behind these movements pertains to listing …
EGX Chairman, Mohamed Omran - (Photo Credit: Arabianeye-Reuters)
7 May 03:21 PM Bourse doesn’t protect investors from risks - Omran
By: Nermeen Abbas Cairo - Mubasher: The chairman of the Egyptian Exchange (EGX) said that the market does not protect investors from commercial risks. In an answer to an investor’s question, Mohamed Omran added in his remarks during the Portfolio …
(Photo Credit: EFSA Website)
7 May 12:47 PM EFSA discusses new real estate investment funds
Cairo - Mubasher: The Egyptian Financial Supervisory Authority (EFSA) has recently approved establishing two new real estate fund, with two more expected to be launched this year, according to the authority's chairman Sherif Samy. Samy added in …
Mohammed Al Ballaa chairman of Mubasher Financial Services
7 May 12:25 PM Egypt needs legislative reform to support investments
Cairo - Mubasher: The chairman of Mubasher Financial, Mohammed Al Ballaa, said that Egypt needs to integrate with the gulf countries in the financial services sector in order to achieve some requirements to stimulate investments. Al Ballaa added …
Photo Credit: Arabianeye-Reuters
7 May 12:21 PM CMA offers tender to privatise Boursa Kuwait
Kuwait – Mubasher: The Capital Markets Authority (CMA) of Kuwait has offered a tender to privatise the capital shares of Boursa Kuwait Securities Company. Offering the shares is set to be from 4 May until the beginning of June, with a bid bond …
Photo Credit: Arabianeye-Reuters
4 May 01:12 PM Educational Holding to offer 53.3% stake for sale
Mubasher: Boursa Kuwait on Thursday announced that an auction will be held on 18 May to offer 53.3% of Educational Holding’s capital for sale. The stake includes about 130.85 million shares, with a premium price of 300 fils at an overall value of …
Photo Credit: Arabianeye-Reuters
3 May 10:25 PM Egypt changes visa rules for foreign residents
Cairo - Mubasher: The Egyptian Cabinet has approved on Wednesday a proposal to amend the rules for granting resident visa to foreigners who purchase residential units. According to the statement of the Egyptian Council of Ministers, the value for …
(Photo archive)
2 May 03:53 PM CMA cancels listing of Al-Mojil
Riyadh – Mubasher: The Capital Market Authority (CMA) cancelled the listing of Mohammad Al-Mojil Group’s shares from the Saudi Stock Exchange (Tadawul). The decision came after Al-Mojil did not take the necessary measures to rectify the company's …
(Photo Credit: Arabianeye-Reuters)
1 May 10:12 AM Bishah suspended from OTC trade
Riyadh - Mubasher: Bishah Agriculture Development announced the suspension of its shares from over-the-counter (OTC) trade as of 23 April. The move came after the decision of the Capital Market Authority (CMA) regarding the firms of which …
(Photo Credit: Saudi Arabian Monetary Authority’s website)
30 April 06:02 PM SAMA extends temporary approval for SAICO products
Riyadh - Mubasher: The Saudi Arabian Monetary Authority (SAMA) on Sunday extended the temporary approval for the Saudi Arabian Cooperative Insurance Company’s (SAICO) aviation insurance policies. The renewal period will be two months, starting …
The Egyptian Ministry of Finance - (Photo Credit: Arabianeye-Reuters)
30 April 03:41 PM Egypt maintains USD customs rate at EGP 16.5
By: Mostafa Adel Cairo - Mubasher: The Egyptian deputy finance minister for tax policies Amr El-Mounir told Mubasher that the US dollar customs exchange rate has been fixed at EGP 16.5 for a month. El Mounir noted that the USD rate has been stable …
Photo Credit: Mubasher Archive
30 April 01:51 PM EGX suspends trading on Cairo Oils
Cairo - Mubasher: The Egyptian Exchange (EGX) has suspended trade on the stock of Cairo Oils and Soap, according to an official statement. The decision will be effective in the coming session, and comes as a result of the unjustified fluctuations …
Photo Credit: Arabianeye-Reuters
29 April 01:15 PM DIB obtains license to operate in Kenya
Dubai - Mubasher: The Central Bank of Kenya (CBK) announced that it has issued a license for DIB Kenya, which is owned by the Dubai Islamic Bank (DIB), according to a statement. The bank will exclusively offer Shariah compliant banking services in …
(Photo Credit: Arabianeye-Reuters)
27 April 06:08 PM Egypt establishes entrepreneurship company worth EGP 451m
Cairo – Mubasher: An entrepreneurship and investment company worth EGP 451 million has been established to support youth projects, the minister of investment and international cooperation said on Thursday. The company will help close the funding …
(Photo Credit: Arabianeye-Reuters)
27 April 09:03 AM DFM enrolls new firm to margin trading members
Dubai – Mubasher: The Dubai Financial Market (DFM) said that World Financial Services has been accredited to provide margin trading services, according to a statement. As a result, the total number of DFM brokerage firms providing this service …