FRA’s New Approvals for Ownership, Acquisition, or Merger of Non-Banking Financial Companies

October 31, 2024
On August 29, 2024, the Financial Regulatory Authority (FRA) issued Decree No. 178 of 2024, setting out a structured framework for approving ownership, control, acquisition, or merger of companies involved in non-ba...

New Requirement to Disclose Ultimate Beneficial Owners

March 15, 2020
A new regulation was yesterday to require all companies in Egypt to disclose the ultimate beneficial owners who have actual ownership or control over the company. The regulation is issued by Ministerial Decree No. 4...