Regulatory Alerts2019-01-01
Decision No. 123 of 2019 of the Board of Directors of the Capital Market Authority
The Capital Market Authority of Egypt issued Decision No. 123 of 2019 to amend the Egyptian Exchange's listing and delisting rules. The decision mandates that all companies with securities listed on the exchange must include at least one female member on their board of directors. Listed entities must amend their governing documents to comply with this requirement by December 31, 2020, or at their next board election, whichever occurs first.
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