FRA revokes licences of 258 microfinance NGOs for regulatory non-compliance
The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decision No. 258 of 2025 revoking the microfinance licences of 258 NGOs classified under Category “C”. The action follows extensive monitoring and inspection that revealed persistent non-compliance with the
Madbouly calls for enhanced government-citizen communication – Dailynewsegypt
Egyptian Prime Minister Mostafa Madbouly has emphasized the need for a stronger communication system between the government and citizens. During a review of the unified government complaints system in July, Madbouly instructed the system to “continuously diversify and improve communication