Gold, silver funds reach 329,000 investors, EGP 9.35bn in net assets in June: FRA
The Financial Regulatory Authority (FRA) has released its quarterly performance report on precious metals investment funds, highlighting continued growth in gold and silver funds through 25 June 2026, driven by a rising investor base and expanding product offerings. According to
FRA to launch training programme for state-owned firms ahead of public offerings
The Financial Regulatory Authority (FRA) will launch a specialised training programme within days to prepare state-owned companies that have been provisionally listed on the Egyptian Exchange (EGX), along with their executive leadership, to meet listing and public offering requirements and
FRA raises audit cap for external auditors to five investment funds
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued a decision allowing external auditors to audit up to five investment funds simultaneously, up from the previous limit of three. Auditors wishing to audit more than five funds will
FRA extends compliance deadlines for healthcare administrators, foreign reinsurance brokers
Egypt’s Financial Regulatory Authority (FRA) has extended compliance deadlines for healthcare management companies and non-resident foreign reinsurance brokers, giving market participants additional time to meet regulatory requirements under the Unified Insurance Law. The decisions were approved by the FRA’s Board
Deputy PM rings EGX bell to launch listing of four state-owned firms
Hussein Eissa, Deputy Prime Minister for Economic Affairs, rang the opening bell at the Egyptian Exchange (EGX) on Sunday to mark the temporary listing of four state-owned companies under the government’s state ownership programme. The move underscores the state’s commitment
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