Alia Stouhi

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Latest by Alia Stouhi


EFG-Hermes Research ranks second among 33 regional, international research centers

EFG-Hermes Research ranked second among 33 regional and global research centers in a survey conducted by the Extel Survey in 2017, according to EFG-Hermes Research Chairman Ahmed Shams El-Din. He added that EFG-Hermes Research has over 150 listed companies, accounting for about 63 percent of the market capitalization in the Middle East and North Africa. …

Alia Stouhi

Five draft laws and money market development files are currently handed to Sahar Nasr business portfolio

Sherif Samy, chairperson of the Egyptian Financial Supervisory Authority (EFSA), said that five draft laws and money market development files are currently handed to the Minister of Investment’s Sahar Nasr business portfolio after assigning her the role of the competent Minister of EFSA. Samy explained that the money market is currently waiting for the approval …

Alia Stouhi

EFSA studying permission for T+0 mechanism for fund managers

Head of the Egyptian Financial Supervisory Authority (EFSA), Sherif Samy, told Daily News Egypt that the authority is considering the allowance of same-day trading, known as T+0, for fund managers, noting that they will study how this may conflict with the capital market law to remove any legislative obstacles. Samy added that the authority is …

Alia Stouhi

Raya to offer shares on EGX in Q2 of 2017

Raya Data Center Company is preparing to offer a portion of its shares on the Egyptian Exchange (EGX) during the second quarter (Q2) of 2017. The investment bank EFG-Hermes will take over the position of the manager of the initial public offering (IPO) instead of Beltone. Reem Asaad, CEO of Raya Data Center, said that …

Alia Stouhi

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