Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » EGX 🔔 » FRA’s agenda is looking busy 🗓

FRA’s agenda is looking busy 🗓

by Omar El Shorafa
August 14, 2022
FRA, Claps

The Clap
The FRA is aiming to resolve disputes with big investors as well as stimulate the EGX in order to develop the financial market in Egypt.

The Deets
Following the recent rebalance of the EGX30, the FRA wants to improve the relationships with the companies that were removed from the index like Orascom Development and ADIB. 

In addition to that, more companies need to be added to the EGX to be able to compete with neighboring countries. 

Why this Matters
The EGX lost a great bit of value since the devaluation of the EGP in 2016. Hassan Hussien, a financial expert, advised that the FRA exempts SMEs from commercial and industrial profit tax for 10 years to be listed on the EGX.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Economy 🏙

Calls to bring back the Ministry of Investment are ringing louder

by Shams Abbas
February 7, 2023
EGX 🔔

Egyptian government could push back capital gains tax law

by Shams Abbas
February 6, 2023
EGX 🔔

FRA wants to make it easier for companies to increase their capital

by Shams Abbas
February 6, 2023
Economy 🏙

Egypt to make its way back into the debt markets

by Shams Abbas
February 6, 2023
Economy 🏙

Egyptian government could sell a stake in fertilizer company “Semadco”

by Shams Abbas
February 6, 2023
Economy 🏙

Egypt’s Purchasing Manager’s Index declines in January 2023

by Shams Abbas
February 5, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)