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
FRA chief highlights strong potential to advance Egypt’s arbitration framework
Islam Azzam, Chairperson of Financial Regulatory Authority (FRA), said the country holds significant potential to further develop its arbitration framework, particularly as the authority expands the use of financial technology (FinTech) across non-banking financial activities in line with Law No.
Egypt’s FRA grants 6 temporary licences to healthcare administrators under new insurance law
Egypt’s Financial Regulatory Authority (FRA) has granted temporary operating licences to six healthcare third-party administrator (TPA) companies, as the regulator begins enforcing the country’s new Unified Insurance Law, the authority’s chairperson said. The announcement came during an extended meeting held
FRA chief pushes responsible pricing to boost SME financing confidence
Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), convened an expanded meeting with representatives of companies financing micro, small, and medium enterprises (MSMEs), reinforcing the authority’s commitment to open dialogue and sector development. The discussions centered on operational and
Egypt’s gold investment funds record net assets of EGP 9.28bn in March 2026: FRA
Egypt’s gold investment funds recorded total net assets of EGP 9.28bn in March 2026, according to the latest report by the Financial Regulatory Authority (FRA), reflecting growing demand for this investment vehicle amid market uncertainty. The report showed that the
FRA chair meets mortgage finance firms to boost activity, efficiency
Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), held a meeting with representatives of the Egyptian Mortgage Federation and companies operating in the sector, as part of the Authority’s ongoing engagement with non-banking financial activities. The meeting reflects FRA’s