Egyptian Financial Supervisory Authority

EFSA to increase market capitalization to LE1.6 trillion: Chairman
Business

EFSA to increase market capitalization to LE1.6 trillion: Chairman

The Egyptian Financial Supervisory Authority (EFSA) strategy until 2022 aims to raise the number of listed companies to 275 and…
EFSA chief talks investments, EEDC
Business

EFSA chief talks investments, EEDC

Sherif Sami, Chairman of the Egyptian Financial Supervisory Authority (EFSA), said that the Sharm el-Sheikh economic summit is a “display…
Sawiris-owned enterprise gets first microfinance license
Business

Sawiris-owned enterprise gets first microfinance license

Microfinance lender Reefy has declared it obtained the first license from the Egyptian Financial Supervisory Authority for carrying out microfinancing…
Authority highlights international interest in microfinance draft law
Business

Authority highlights international interest in microfinance draft law

Egypt’s monetary officials have discussed a recent law regulating microfinance with financial aid officials from the world’s major industrial countries…
US$50,000 insurance for tourists against personal accidents
Egypt

US$50,000 insurance for tourists against personal accidents

The Egyptian Financial Supervisory Authority has approved a US$50,000 insurance policy covering personal accidents for tourists coming to Egypt, in…
Authorities study insurance claims amid political violence
Egypt

Authorities study insurance claims amid political violence

Head of the Egyptian Financial Supervisory Authority Sherif Samy said he is in discussions with insurers amid threats of ongoing…
Govt prepares law on Islam-friendly bonds
Business

Govt prepares law on Islam-friendly bonds

The Egyptian Financial Supervisory Authority has said it is drafting a new law that would allow the use of sukuk,…
Egypt’s credit ratings should improve after Morsy’s win, says Sharqawy
Egypt

Egypt’s credit ratings should improve after Morsy’s win, says Sharqawy

  Egypt should witness improvement in its international credit rating now that the new president has been announced, said on…
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