FRA approves 13 companies to undertake non-bank financial activities
The Financial Regulatory Authority (FRA) has approved 13 companies to undertake a range of non-bank financial activities, as part of its continued efforts to enhance the quality and competitiveness of sectors under its supervision, strengthen their attractiveness to investment, and
FRA registers first debt collection firms for non-bank financial sector
The Financial Regulatory Authority (FRA) has approved the registration of Egy Serv and Egyptian International in the Register of Debt Collection Companies for entities operating in non-bank financial activities. The two firms are the first to be registered under the
FRA chairperson discusses insurance sector cooperation with Russian central bank deputy governor
Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), received a Russian delegation headed by Alexey Guznov, Deputy Governor of the Central Bank of Russia, in the presence of Ahmed Abdel Aziz, Deputy Chairperson of the FRA; Mahmoud Gabrial, Assistant
Egypt’s FRA outlines insurance sector overhaul, tenfold capital requirement at African conference
The Egyptian Financial Regulatory Authority (FRA) has approved two companies to issue insurance policies using financial technology and is processing applications from over 10 others, FRA Chairperson Islam Azzam announced on Sunday as part of a broader strategy to deepen
FRA cuts MCDR fees to boost digital real estate investment platforms
Egypt’s Financial Regulatory Authority (FRA) has issued a new decision reducing the fees charged by Misr for Central Clearing, Depository and Registry (MCDR) for all participants operating within digital platforms dedicated to investment in real estate investment fund certificates. The
Egypt’s FRA approves licences for eight companies across non-banking financial sectors
Egypt’s Financial Regulatory Authority (FRA), chaired by Islam Azzam, has approved licences and authorisations for eight companies to operate across a range of non-banking financial activities. The approvals aim to support the expansion of healthcare management programmes, investment funds, and
Boosting youth financial literacy is strategic investment to expand markets, drive innovation: FRA chair
Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), said the authority views promoting financial literacy among young people and university students as a strategic investment in the future of the non-banking financial sector, supporting market expansion and fostering innovation.
Investment fund net assets surge to EGP 410bn in Q1 2026: FRA
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued its first report on the performance of investment funds operating in the Egyptian market during the first quarter (Q1) of 2026, revealing strong growth that reflects rising demand for
Egypt’s Investment Minister appoints Mohamed Ayyad as Assistant Minister for Strategic Communication
Egypt’s Minister of Investment and Foreign Trade Mohamed Farid Saleh, has appointed Mohamed Ayyad as Assistant Minister for Promotion and Strategic Communication under Decision No. 198 of 2026, tasking him with attracting foreign investment and enhancing the country’s economic competitiveness.
Egypt’s FRA, consumer finance firms expand unified database to combat cash monetisation
Egypt’s Financial Regulatory Authority (FRA) and representatives from 48 consumer finance companies have expanded a unified central database to combat widespread fraud and cash monetisation, aiming to proactively detect threats, reduce financial losses, and protect the interests of beneficiaries. Enhancing