12 C
Kuwait City
November 21, 2019
Gulflance
Home » FRA: Egypt leads MENA in World Bank index for shareholders’ equity
Business Egypttoday

FRA: Egypt leads MENA in World Bank index for shareholders’ equity


CAIRO, Oct 26 (MENA) – Egypt has led the Middle Eastern and North African countries in the World Bank’s index for rights of shareholders trading in the stock market, Chairman of the Egyptian Financial Regulatory Authority (FRA) Mohamed Omran said Saturday.

Omran stressed that FRA would spare no effort to enhance its regulatory measures to improve the attractive investment climate in Egypt in light of the latest World Bank’s Doing Business Report 2020.

Omran highlighted that Egypt had managed to make a remarkable improvement in the index of protecting small shareholders rights for the fourth year in a row, after it jumped 15 ranks in 2019, occupying the 57th rank of 190 thanks to a decision taken by FRA to protect small shareholders, among other measures.
Source link
Click here to read more news from @egypttoday

Related posts

4th phase of 3rd metro line to be accomplished 3 months earlier

gulflance

PM’s visit to Egypt to further boost ties, says Al-Thuwaikh

Arabtimes

Putin says he is ready to play role in resolving Ethiopian dam dispute

gulflance

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Please spend a minute

Gulflance Poll

Which is worst social media?
Vote Now
close-link
Sign-up for exclusive content. Be up to date with Gulflance
Subscribe
Subscribe
close-image