Egyptian banking sector shows strong financial indicators, surpassing regulatory benchmarks: CBE
A financial stability report issued by the Central Bank of Egypt revealed the continued resilience of Egypt’s financial system—both banking and non-banking sectors—in performing its core function of financial intermediation throughout fiscal year 2023 and into the first quarter of
FRA sets conditions for brokerage firms to trade carbon emission reduction certificates – Dailynewsegypt
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), has issued decision No. 1732 of 2024, outlining the conditions for securities brokerage firms to obtain FRA approval to trade carbon emission reduction certificates. This initiative is part of the FRA’s
Supply Minister, FRA chairperson discuss strategies to enhance commodity market – Dailynewsegypt
Minister of Supply and Internal Trade, Sherif Farouk, met with the Chairperson of the Financial Regulatory Authority (FRA), Mohamed Farid, at the ministry’s headquarters in the New Administrative Capital on Sunday. Their discussion focused on strengthening the effectiveness of the
Nawy Subsidiary ‘Nawy Now’ Secures Mortgage License from Egypt’s FRA – Dailynewsegypt
Nawy, a leading proptech company in Africa, announced that its subsidiary Nawy Now has obtained a mortgage license from the Financial Regulatory Authority (FRA) of Egypt. This milestone allows Nawy Now to offer mortgage solutions, addressing a significant hurdle for