SPAC

FRA approves Egypt’s inaugural a special purpose acquisition company

Wed, 25 Sep 2024 - 03:30 GMT

CPME aims to complete acquisitions of target companies within two years from the date of its listing, explained the FRA statement.

FRA issues rules governing SPACs in Egypt

Sun, 21 Nov 2021 - 05:50 GMT

The two decisions include an amendment to the rules for listing and delisting securities on the Egyptian Stock Exchange after the approval of the authority’s board of directors at its meeting, and its briefing on the best international practices for this type of company and its study in the United States of America, Britain, Singapore, Sweden, and Malaysia and Hong Kong.

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