The other candidate in the elections, Ashraf Al-Dabaa, received only 5% of the votes.
Latest in Tag: MCDR Highlight
Latest in Tag: MCDR
Several changes to be made to next general assembly
Amendments to company’s corporate governance to be presented to General Assembly on 5 August, says Managing Director
MCDR’s new chairperson will be elected for one-year term to complement the current board’s tenure from 2018 to 2021.
Deputy Chairperson Abdel Bary assumes office of acting chairperson until election
Abdel Salam had submitted his resignation to FRA Chairperson Mohamed Omran on Tuesday. The resignation is effective as of 18 May, when the MCDR’s general assembly comes to an end.
The authority has also excluded Safwat Abdel Moneim for not meeting the conditions required for running the election, as it was revealed that he currently works as a branch head of Mubasher Trade since May 2017. Mubasher is a shareholding company of MCDR.
New short Selling mechanism to be launched before end-November
Member of the board of directors of Misr for Central Clearing, Depository and Registry company (MCDR), Awny Abdel Aziz, told Daily News Egypt that his company spent EGP 72m in the form of profit distribution for the members of the general assembly in the last few months, as the profits of 2016. He said that …
E-Finance, a company specialising in the field of electronic payment and money collection, signed a protocol of cooperation with Misr for Central Clearing, Depository, and Registry (MCDR) and with Nile Information Technology and Dissemination (NITD) to activate the electronic payment for investors and brokerage firms for the first time in the Egyptian market. The protocol …
MCDR targets interconnection with ADX and develop storage capacities by 2017, Abdul Bari says
MCDR managing director confirms that the files include a number of purchase and sales transactions and tax dues
MCDR is closing the door for GDR transfers to Edita, OTMT, GTH, as they exceed the free-floating shares ratio
Decision eases way for SMEs to register in the central depository system, says MCDR Managing Director
ECMA requested a reduction in the fees on all operations carried out using the two mechanisms, in which the ratio of 1/8 in a thousand per operation would be reduced to 1/16 in a thousand
New link enables Egyptian brokers to trade securities of Nasdaq Dubai through its members