Cairo – Mubasher: The Egyptian Financial Supervisory Authority (EFSA) said it rejected an appeal was submitted earlier by Beltone Financial Holding.
On 3 August Beltone has submitted an appeal against a decision made by EFSA.
Beltone stated that it was hurt by EFSA’s negative decision concerning multiple consecutive cancelation for the trades executed on the company’ shares.
EFSA accepted the appeal in its form and refused it in its subject.