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Egyptian Financial Supervisory Authority
The Egyptian Financial Supervisory Authority (EFSA, ) is a financial regulatory authority that regulates the financial service industry in Egypt. It is an Egyptian Government integrated agency that supervises all non-banking financial transactions and markets including capital markets, derivative markets, commodities, insurance, mortgage finance, financial leasing and factoring. History With the passing of Law no. 10, 2009, issued on February 25, 2009, the agency was established and became operationally effective on July 1, 2009. It replaced three major regulating authorities: the Capital Market Authority, the Insurance Supervisory Authority, and the Mortgage Finance Authority. This unification was intended to foster Egypt's financial sector. Establishing the new authority is part of at a series of reforms aimed to strengthen the stability and security of the non-banking financial sector in Egypt and its interoperability with the banking sector. This move came during the 2008 fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egypt
Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northern coast of Egypt, the north, the Gaza Strip of Palestine and Israel to Egypt–Israel barrier, the northeast, the Red Sea to the east, Sudan to Egypt–Sudan border, the south, and Libya to Egypt–Libya border, the west; the Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital, list of cities and towns in Egypt, largest city, and leading cultural center, while Alexandria is the second-largest city and an important hub of industry and tourism. With over 109 million inhabitants, Egypt is the List of African countries by population, third-most populous country in Africa and List of countries and dependencies by population, 15th-most populated in the world. Egypt has one of the longest histories o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Organization Of Securities Commissions
International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The Three Degrees album), 1975 *''International'', 2018 album by L'Algérino Songs * The Internationale, the left-wing anthem * "International" (Chase & Status song), 2014 * "International", by Adventures in Stereo from ''Monomania'', 2000 * "International", by Brass Construction from ''Renegades'', 1984 * "International", by Thomas Leer from ''The Scale of Ten'', 1985 * "International", by Kevin Michael from ''International'' (Kevin Michael album), 2011 * "International", by McGuinness Flint from ''McGuinness Flint'', 1970 * "International", by Orchestral Manoeuvres in the Dark from '' Dazzle Ships'', 1983 * "International (Serious)", by Estelle from '' All of Me'', 2012 Politics * Internationalism (politics) * Political international, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Regulatory Authorities Of Egypt
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Financial Regulatory Authorities By Jurisdiction
In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services. Financial intelligence units and policy banks are not listed, unless they also have a financial supervisory mandate. List of current authorities Authorities by sovereign states Others authorities by sovereign states and dependencies Extinct financial regulatory authorities Only those former authorities with a dedicated Wikipedia article are listed here. * Belgian Banking Commission (1935–2011) * (SBIF, 1925–2019), (SAFP, 1980–2008) and (SVS, 1980–2018) * China Banking Regulatory Commission (2003–2018), China Insurance Regulatory Commission (2003–2018), China Banking and Insurance Regulatory Commission (2018–2023), and Financial Stability and Development Committee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Egypt
The economy of Egypt is a developing country, developing, mixed economy, combining private enterprise with centralized economic planning and government regulation. It is the second-largest economy in Africa, and List of countries by GDP (nominal), 42nd in worldwide ranking as of 2025. Egypt is a major emerging market economy and a member of the African Union, BRICS, and a signatory to the African Continental Free Trade Area (AfCFTA). The country is witnessing a period of economic recovery after facing serious financial challenges. The Egyptian economy has been bolstered by a series of reforms under its sustainable development strategy Egypt Vision 2030, including a dramatic currency flotation in 2024 that led to a 38% depreciation of Egyptian pound against the dollar after securing over $50 billion in international financing. These actions, alongside strategic agreements with global partners such as the IMF, World Bank, the European Union, and the Gulf Cooperation Council, Gulf S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities Commission
A securities commission, securities regulator or capital market authority is a government department or agency responsible for financial regulation of securities products within a particular country. Its powers and responsibilities vary greatly from country to country, but generally cover the setting of rules as well as enforcing them for financial intermediaries and stock exchanges. History As long as there have been securities there have been regulations. However, in the early days this consisted primarily of self-regulated groups or societies. External government regulation has primarily been driven by financial crises or scandals. As early as the 13th century the king Edward I of England decreed that brokers should be licensed after he was forced to go to local money brokers that give much less favorable terms then his Italian brokers after the start of the Anglo-French war. In 1720 the British Parliament passed the Bubble Act which had specific regulations for securit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smart Village, Egypt
Smart Village () is a high-technology business district in the city of 6th of October in Giza Governorate, Egypt, established by Presidential Decree no.355 in 2000, with activities starting in 2001. It is a business district with office buildings, retail shops, entertainment, factories and green spaces. It is located on the Cairo-Alexandria Desert Road, slightly west of Cairo, and occupies an area of 450 feddans. Its owned by Smart Villages Development and Management Company. Background Hosni Mubarak signed the decree and provided the land for the building of Smart Village, in order for Egypt to build its IT economy and IT industry. Mubarak worked to get Microsoft, IBM and Cisco on-board. The 2001 decree gave companies in the Smart Village a ten-year tax break. The plan was to create several ''smart villages'' in Egypt. Tenants The Smart Village contains government and ministry buildings, as well as private companies. The Ministry of Communications and Information Technology i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cairo & Alexandria Stock Exchange
The Egyptian Exchange (EGX), Egypt's stock exchange, comprises two exchanges, Cairo and Alexandria, both governed by the same board of directors and sharing the same trading, clearing and settlement systems. Presently, the chairman of the Egyptian Exchange is Ahmed Abdelrahman. Transactions taking place in the stock exchange are not subject to capital gains tax. Dividends distributed by companies listed on the exchange to shareholders are also not subject to income tax. However, in 2013, a 0.001 percent tax on all stock market transactions was imposed. In 2013, the Ministry of Finance announced that the government intended to repeal a 10 percent capital gains tax imposed on mergers and acquisitions the year earlier, as well as a planned tax on cash dividends, and refund investors who paid it. The Egyptian Exchange is a member of the Federation of Euro-Asian Stock Exchanges. History The origins of Egypt's stock exchange can be traced back to 1883 with the establishment of the fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Market
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets as commodities. The term "market" is sometimes used for what are more strictly ''exchanges'', that is, organizations that facilitate the trade in financial securities, e.g., a stock exchange or commodity exchange. This may be a physical location (such as the New York Stock Exchange (NYSE), London Stock Exchange (LSE), Bombay Stock Exchange (BSE) or Johannesburg Stock Exchange ( JSE Limited)) or an electronic system such as NASDAQ. Much trading of stocks takes place on an exchange; still, corporate actions (mergers, spinoffs) are outside an exchange, while any two companies or people, for whatever reason, may agree to sell the stock from the one to the other without using an exchange. Trading of currencies and bonds is largely on a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cairo
Cairo ( ; , ) is the Capital city, capital and largest city of Egypt and the Cairo Governorate, being home to more than 10 million people. It is also part of the List of urban agglomerations in Africa, largest urban agglomeration in Africa, List of largest cities in the Arab world, the Arab world, and List of largest metropolitan areas of the Middle East, the Middle East. The Greater Cairo metropolitan area is List of largest cities, one of the largest in the world by population with over 22.1 million people. The area that would become Cairo was part of ancient Egypt, as the Giza pyramid complex and the ancient cities of Memphis, Egypt, Memphis and Heliopolis (ancient Egypt), Heliopolis are near-by. Located near the Nile Delta, the predecessor settlement was Fustat following the Muslim conquest of Egypt in 641 next to an existing ancient Roman empire, Roman fortress, Babylon Fortress, Babylon. Subsequently, Cairo was founded by the Fatimid Caliphate, Fatimid dynasty in 969. It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-banking Financial Company
A non-banking financial institution (NBFI) or non-bank financial company (NBFC) is a financial institution that is not legally a bank; it does not have a full banking license or is not supervised by a national or international banking regulatory agency. NBFC facilitate bank-related financial services, such as investment, risk pooling, contractual savings, and market brokering. Examples of these include hedge funds, insurance firms, pawn shops, cashier's check issuers, check cashing locations, payday lending, currency exchanges, and microloan organizations. In 1999, Alan Greenspan identified the role of NBFIs in strengthening an economy, as they provide "multiple alternatives to transform an economy's savings into capital investment which act as backup facilities should the primary form of intermediation fail." Operations of non-bank financial institutions are not typically covered under a country's banking regulations. Etymology The term ''non-bank'' likely started as n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egyptian Revolution Of 2011
The 2011 Egyptian revolution, also known as the 25 January Revolution (;), began on 25 January 2011 and spread across Egypt. The date was set by various youth groups to coincide with the annual Egyptian "Police holiday" as a statement against increasing police brutality during the last few years of Hosni Mubarak's presidency. It consisted of demonstrations, marches, occupations of plazas, non-violent civil resistance, acts of civil disobedience and strike action, strikes. Millions of protesters from a range of socio-economic and religious backgrounds demanded the overthrow of Egyptian President Hosni Mubarak. Violent clashes between security forces and protesters resulted in at least 846 people killed and over 6,000 injured. Protesters retaliated by burning over 90 police stations across the country. The Egyptian protesters' grievances focused on legal and political issues, including police brutality, state-of-emergency laws, lack of political freedom, civil liberty, freedom o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
