Egypt’s FRA suspends three companies for 30 days

Cairo – Mubasher: Egypt’s Financial Regulatory Authority (FRA) has decided to suspend licences of three companies, according to a bourse statement released on Wednesday.

The suspended companies included Ridge for Creation and Management of Portfolios and Investment Funds, Jazira Securities Brokerage, and Cordoba for Creation and Management of Portfolios.

The three companies will be suspended for no more than 30 days.

Mubasher Contribution Time: 15-Jan-2020 13:41 (GMT)
Mubasher Last Update Time: 15-Jan-2020 13:41 (GMT)